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Entrepreneurial Motivations and Technological Advancements
Entrepreneurs are often driven by their desire to make an impact and control their destiny. Over the years, barriers to entrepreneurship have decreased significantly due to technological advancements. For example, creating an e-commerce website that once required millions of dollars and months can now be done in a matter of hours with platforms like Shopify. The shift has moved from solely focusing on product creation to effectively bringing products to market due to the ease of product development. While achieving product-market fit remains crucial, the technological landscape has made it more accessible for individuals to start companies and innovate.