As one of the many reasons why startup businesses fail is often the confusion of an entrepreneur about two terms that are very important to them: business ideas and business opportunities. What is the difference between these two terms?
Both terms are highly used in the business startup process by an entrepreneur. However, what is notable is that often businesses are started only with the idea, that they do not convert or transform into a real business opportunity. Because of that business startups immediately begin to suffer after the startup stage.
This suffering is manifested through a lack of customers, and therefore a lack of money for financing the normal business operation.
An entrepreneur is a person who can see opportunities, where all other people see problems. That is the most significant advantage of an entrepreneur.Read More about What is the Difference Between Business Ideas and Business Opportunities?