Aug 10th, 2016
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Harvard University
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SurnameName:Institution:Instructor:Date:Entrepreneurship: Benefits and ChallengesOver the years, there has been progressive reduction of employment opportunitiesworldwide owing to the rising population. This has prompted individuals to take another turnother than seeking employment and working for more established companies and agencies.Entrepreneurship is the new frontier being explored by many individuals (Alvarez 23). It is,however, important to note that entrepreneurship comes with its pros and cons some of which arediscussed below.Firstly, entrepreneurship provides an opportunity to be ones own boss. It allows thefounder of the business entity to take full control of all his operations including making decisionsregarding his or her own companys operations. With this kind of freedom, one is able to choosethe type of tasks he or she wants to tackle from those that should be delegated based on theavailable skills and strengths (Zimmerer 56). As such, this provides more satisfaction in theworkplace not only for the owner of the business entity but also for all the staff and assistance.Secondly, entrepreneurs enjoy a rational salary. An entrepreneurs inco

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