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Advancement Prospects

Opportunities for advancement vary based on the success of the entrepreneur’s product or service. A successful entrepreneur “advances” by selling more products and services, by growing the number of business locations (if they’re developing a retail business), and, of course, by making more money. Some entrepreneurs become social media influencers, celebrated authors, college entrepreneurism professors, or media experts. The skies are not always blue for every entrepreneur. The worst-case scenario: the entrepreneur cannot attract interest in his or her product or service and, as a result, their business stagnates or even closes.

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