Question

Entrepreneurs make money by solving problems. The key is to spot problems or “holes” in the market.

Give it a try

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Below record any problems you come across in your daily life.

Identify a minimum of three.

How could you solve these problems?

Are there any gaping holes in the Harrisonburg market in terms of products or services?

Identify a

minimum of 2.

Answer 1

Every person faces problem in their lives. but there is an only differences that entrepreneurs have the different creativity and approach to solve that problems. I also Faces the various problems in my life. I will mention some of them.

1. Economical Condition- This problem is permanent for everyone's life. But if you have a good approach then you can tackle the problem. i personally tries to do the freelancing stuff and earn some money. This will leads to balance in Economic life.

2. Mental Instability- I some time fells very low in my life and feels that mental unstable condition. but if we can think like entrepreneurs way we can tackle this one also. If i feel like the same i tried to listen some good music and meet people and talks to them.

3. Focus- This problem is face every person in his or her life. there are so much things present to disturb your focus. but i whenever i personally thinks the same i take the break and start again and faces the problems.

I think everyone have the defects but we should concentrate on how to tackle it and try to improve ourselves. Harrisonburg these are

1. Uncertainty of products- If there is an climate emergency then market can faces the unavailability of food products and unable to provide good quality services.

2. About services to both sides- Market can provide bad services sometimes to both the customer and producers. By lroprovid bad quality of products to customers. and less compensation to the producers.