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Unfortunately, Marilyn got let go from her job a few months ago. She has been unable to find a new job and thus decided to create a new venture. Which of the following best describes Marilyn?A.Opportunity-based entrepreneurB.Necessity-based entrepreneurC.Serial entrepreneurD.Social entrepreneur

Question

Unfortunately, Marilyn got let go from her job a few months ago. She has been unable to find a new job and thus decided to create a new venture. Which of the following best describes Marilyn?A.Opportunity-based entrepreneurB.Necessity-based entrepreneurC.Serial entrepreneurD.Social entrepreneur

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Solution

Marilyn is best described as a B. Necessity-based entrepreneur. This is because she started her new venture not because she saw a market opportunity, but because she was unable to find a new job and needed a way to support herself.

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