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Entrepreneurship and business require a few key elements to be successful. Firstly, capital is essential to play the game at a high level. Money is necessary to run a company well and make significant investments. Secondly, a strong network is crucial. Having connections can help with hiring, getting investors, and acquiring customers. Lastly, operational skills are vital for running a company effectively. These skills include hiring, managing, delegating, and selling. Delegation, in particular, is important for business owners to avoid micromanaging and give others opportunities to contribute.