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→Entrepreneurship
[[Entrepreneurship]] is the [[creativity]] of individuals to dream up and create new products that people knew they wanted or needed. It is an essential part of [[capitalism]].<ref>https://www.prageru.com/video/if-you-hate-poverty-you-should-love-capitalism/</ref> It is this ability that leads to the creating of a profitable new business venture. Someone skilled in entrepreneurship is called an [[entrepreneur]]. [[Innovation]] is also a big part of entrepreneurship. In a highly competitive world innovative ideas are what will separate the entrepreneurs from the rest. As innovation is key to create an outstanding product, strong brand and to build a customer network.
[[Entrepreneurship]] is the [[creativity]] of individuals to dream up and create new products that people knew they wanted or needed. It is an essential part of [[capitalism]].<ref>https://www.prageru.com/video/if-you-hate-poverty-you-should-love-capitalism/</ref> It is this ability that leads to the creating of a profitable new business venture. Someone skilled in entrepreneurship is called an [[entrepreneur]]. [[Innovation]] is also a big part of entrepreneurship. In a highly competitive world innovative ideas are what will separate the entrepreneurs from the rest. As innovation is key to create an outstanding product, strong brand and to build a customer network.
<ref>https://startupistanbul.com/blog/2015/03/the-importance-of-innovation-in-entrepreneurship/</ref>
<ref>https://startupistanbul.com/blog/2015/03/the-importance-of-innovation-in-entrepreneurship/</ref>
== E-commerce ==
''See also:'' [[E-commerce]]
[[E-Commerce]], or electronic commerce, "is the process of buying and selling products and services online through digital platforms. It encompasses various models, including business-to-consumer (B2C), business-to-business (B2B), and consumer-to-consumer (C2C) transactions. Key benefits include expanded market reach, lower costs for businesses, and greater convenience and product choice for consumers."<ref>[https://www.google.com/search?q=ecommerce&oq=ecommerc&gs_lcrp=EgZjaHJvbWUqCggAEAAYsQMYgAQyCggAEAAYsQMYgAQyBggBEEUYOTINCAIQABiDARixAxiABDIHCAMQABiABDIHCAQQABiABDINCAUQABiDARixAxiABDIKCAYQABixAxiABDIKCAcQABixAxiABDIHCAgQABiABDIGCAkQLhhA0gEIMzU1OWowajGoAgCwAgA&sourceid=chrome&ie=UTF-8 E-commerce]</ref>
== Top reasons businesses fail ==
== Top reasons businesses fail ==