Entrepreneurship as Innovation and Problem Solving — Entrepreneurship STD 11 Commerce — Question

Perceptual: There are certain perceptual barriers that can hamper the progress of an entrepreneur. Lack of a clear vision and misunderstanding of a situation, can result in a faulty perception. Having preconceived notions and prejudices against a particular business activity will leave limited choices. For example: One should overcome the barriers of selecting a business venture according to one‘s gender. There is hardly a business left where both the genders have not explored and achieved equal success.
Motivational: Sustained motivation is an essential input in any entrepreneurial venture. Lack of motivation is a strong barrier to entrepreneurship. Many entrepreneurs start with enthusiasm, but when they face some difficulties in the execution of their plans, they lose motivation. For example: Failure of a venture.