More people are discouraged to test their skills as entrepreneurs because the failure rate among small businesses has been increasing in recent years.

Question

Quizplus · Accepted Answer

While it's true that starting a business carries risks and the failure rate can be high, the increasing availability of resources, support networks, and technology has continued to encourage more people to test their entrepreneurial skills. Additionally, the desire for independence and personal fulfillment often outweighs the fear of failure for many aspiring entrepreneurs.

More People Are Discouraged to Test Their Skills as Entrepreneurs