Entrepreneurship: Catalyst for Economic Growth in Thailand

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Entrepreneurship happens to be getting popular and fast growing employer of labor in much economic developed. An Entrepreneur is a person who thinks ahead of other and plan for the future with limited resources and planning. They need to take all the risk and rewards of his or her business venture. The business idea is a new idea, goods, and service offered for sale. The entrepreneur is commonly seen as a business leader and innovator of new ideas and business processes.

Entrepreneurs play a very important role to in the society. It is because the entrepreneurs and their activities are the risk determinants of the level of success, prosperity, growth, and opportunity in any economy. the most dynamic societies in Thailand and in the world …show more content…

We all need to spend money when we do not work anymore. There are many kinds of saving such as on buying stock, bank interest or even on the property. As a self-employ, we have to work harder than other as it's our business and no one will work as good as the owner. The entrepreneur mind should have either think about their future by saving and not saving as they think that they already have everything example they own a business, so they do not need to worry too much about retirement and another side of entrepreneur they will have a plan for their retirement. An entrepreneur does not have the pension like other careers so it is important to make sure that a business will go smoothly and not …show more content…

The further plan is managing your assets, attending a saving program, and calculate all the expenses to make sure that you have enough income pessary for you to live without any financial after you retired. On the other hand, you need to save up future cash flows to ensure that you do reach your retirement goals. There are many plans that have been plot especially for an entrepreneur.

More people are becoming entrepreneurs. They want to be self-employ or own the business. The difference between our generation and our parents are as parents will choose to work at the big corporation, unlike new generation that looking forward to owning a business. Being a business owner you can set your own schedule, creating your own rule and planning for business to be successful. Many people do not want to work under the company and they want to earn money more than just salary as if you are a self-employed you can totally get all the income but meanwhile you have to know your limit and budget on your

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