Embarking on the entrepreneurial odyssey is akin to navigating uncharted waters, and understanding what must an entrepreneur assume when starting a business is paramount. This venture into unexplored territories demands a strategic mindset, a fusion of optimism and practicality, and an acute awareness of the assumptions that underpin the journey.
Market Volatility:
In the realm of business initiation, entrepreneurs must assume that market dynamics are volatile. Short-term fluctuations and unforeseen challenges are inevitable. Hence, strategic planning must accommodate a certain level of flexibility to pivot and adapt to the ever-changing market currents.
Financial Uncertainties:
The fiscal landscape for …