Question

Which of the following is the first step toward entrepreneurship?

Identify a business idea and confirm that it is a good opportunity for you.

Create a written business plan.

Gather funding and other resources.

Hire employees.

Answer 1

Identify a business idea and confirm that it is a good opportunity for you.

Reason: entrepreneurship begins with an idea and validating it (market need, customer demand, personal skills/fit). Business plans, funding, and hiring come after you’ve validated the opportunity.