People’s interest
The interest, hobbies, and preferences of people are rich source of entrepreneurial ideas. Like the increasing number of Internet Café at present could be lead to the strong attachment of young people to computers.
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5. Past Experiences
The expertise and skills developed by a person who has worked in a particular field may lead to the opening of related business enterprise.
For example an accountant who has learned the appropriate accounting and management skills and techniques in a prominent accounting firm can start his/her business venture by opening his/her own accounting firm.
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