The Primary Reason That First-Time Entrepreneurs Run Out of Cash

question 56

True/False

The primary reason that first-time entrepreneurs run out of cash at a faster rate than they bring in customers and profitable sales is that they have not focused on the right opportunity.

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Definitions:

Logarithm

The logarithm is the power to which a number, called the base, must be raised to produce a given number. For example, in base 10, the logarithm of 1000 is 3 because 10 raised to the power of 3 is 1000.

Logarithm

The power to which a base, typically 10 or e, must be raised to produce a given number.

Logarithm

The exponent or power to which a base number must be raised to produce a given number.

Logarithmic Equation

An equation involving logarithms, where the variable is located within the logarithm.