Entrepreneurs solve economic problems in Pandemic

Sharif Uddin Ahmed Rana

No ur8mq, SocArXiv from Center for Open Science

Abstract: This research is based on facts and factors which represent how entrepreneurs solved the most jeopardizing problem while pandemic, which is the economic problem(Alvarez-Risco et al., 2021). Since the very beginning of 2020, we all witnessed a deadly wave that initially started in China and within just a couple of weeks, it got spread throughout the whole world. It was the time when everyone was in strain considering their health as well as their businesses. Most of the businesses were on halt and only essential services were open to operate but with limitations. This not only affected the normal life of people but also gave a drastic downtime to the economy of the whole world. There were no predictions regarding the timeline for lockdowns and people were in a belief that situations will get under control in just a couple of weeks but ultimately they were wrong. At that point, some of the rising minds and daring entrepreneurs took a step forward and started their entrepreneurial journey which put fuel in the drowning ship of the economy and started helping from the day they started. One of the sayings of the Entrepreneur of the century is “Opportunities come infrequently. When it rains gold, put out the bucket, not the thimble.”(Quote by Warren Buffett) This is how rising entrepreneurs reacted even in these uncertain times. They took a step forward and started their businesses to give help to people as well as to push the economy upwards(Barbate, Gade, and Raibagkar, 2021).

Date: 2022-04-25
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Persistent link: https://EconPapers.repec.org/RePEc:osf:socarx:ur8mq

DOI: 10.31219/osf.io/ur8mq

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