Based on the chapter, what should entrepreneurs know before they commit to launching their firm?

Assignment – Entrepreneurship
Textbook: Entrepreneurship: Successfully Launching New Ventures, 6th Edition. Barringer and Ireland. Published by Pearson/Prentice-Hall.

1. Read Chapter Notes – Introduction to Entrepreneurship

2. Chapter Reflection/Summary (600 words):

A summary of the main chapter points (500 words) using your own words and a brief (100 word) personal reflection of what was personally most interesting or useful to you from the chapter.

3. Answer the Application Question below (500 words):

One question that is often asked by people thinking about launching an entrepreneurial venture is “what should the first-time entrepreneur know before they launch?” Based on this chapter, what should entrepreneurs know before they commit to launching their firm?

Based on the chapter, what should entrepreneurs know before they commit to launching their firm?
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