Reasons why entrepreneurs fail

What is an enterprise?

• A business or the act of setting up a business.

• A person who sets up and runs their own business.

What is an entrepreneur?

• A business or the act of setting up a business.

• A person who sets up and runs their own business.

What is the enterprise?

• Huda Beauty

• Huda Kattan and Mona Kattan

Who are the entrepreneurs?

• Huda Beauty

• Huda Kattan and Mona Kattan

Why do entrepreneurs start a business?

• • Create something new, be their own boss, help people

• Lose money and waste time

What are the risks of starting a business?

• Create something new, be their own boss and help people

• • Losing personal finance and wasting time

Risk means you could lose something (money, time)

• True

• False

Sara starts a coffee shop but spends more money than she gets from customers. What is the reason for failure?

• Unclear objectives

• Poor financial management

Ahmed starts a pizza restaurant but sells burgers, shwarma, kabsa and pasta. What is the reason for failure?

• Unclear objectives

• Lack of finance

Mariam creates a mobile app but the app is hard for customers to use. What is the reason for failure?

• Lack of skills

• Lack of finance