An Option for Acquiring Equity Capital Is for the Entrepreneur

question 153

True/False

An option for acquiring equity capital is for the entrepreneur to take on partner(s); however, it is important that he consider the impact of giving up some personal control over operations and of sharing profits with others.

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Definitions:

Mathematical Solutions

Answers or outcomes derived through the application of mathematical methods and reasoning.

Self-actualisation Needs

The highest level in Maslow's hierarchy of needs, representing the fulfillment of personal potential and self-fulfillment.

Self-fulfilment

The realization or fulfillment of one's talents and potentialities, especially considered as a drive or need present in everyone.

Creative Extent

The range or degree of creativity displayed in thought, invention, or expression.