A Lack of Demonstrated Experience, No Clear Market Niche, a Failure

question 54

True/False

A lack of demonstrated experience, no clear market niche, a failure to anticipate roadblocks, no realistic goals set, and a lack of commitment are pitfalls or common points of failure that occur before an entrepreneur ever gets a plan reviewed.

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Definitions:

Background Extinction

The continuous, low-level extinction of species that has occurred throughout much of the history of life. Compare with mass extinction.

Continuous

A term used to describe a non-interrupted or unbroken series, sequence, or progression.

Low-Level

Referring to a minimal or reduced amount or degree in a given context.

Allopatric

Describes a mode of speciation that occurs when biological populations of the same species become isolated from each other to an extent that prevents or interferes with genetic interchange.