What Kinds of Resources Are Available to Entrepreneurs?

Venture capital funds, money provided by angel investors, merchandise, equipment, and the expertise of the company’s founding members are all potential entrepreneurial resources. An asset employed in the start-up of a new company is called an entrepreneurial resource.

Physical resources used by the company are known as tangible entrepreneurial resources. These could include cash, tools, or real estate. They must play a significant role in the venture’s growth in order to qualify as entrepreneurial resources.

Although difficult to measure, intangible entrepreneurial resources are frequently just as valuable as real ones. A business owner may have strong entrepreneurial resources if he or she has a sizable public platform, like a blog, or if they have a wide network of contacts in the sector.

Misha Khatri
Misha Khatri is an emeritus professor in the University of Notre Dame's Department of Chemistry and Biochemistry. He graduated from Northern Illinois University with a BSc in Chemistry and Mathematics and a PhD in Physical Analytical Chemistry from the University of Utah.


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