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→Entrepreneurship
''See also:'' [[Entrepreneurship]]
''See also:'' [[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.
<ref>https://startupistanbul.com/blog/2015/03/the-importance-of-innovation-in-entrepreneurship/</ref>
== Top reasons businesses fail ==
== Top reasons businesses fail ==