Experienced Entrepreneurs See and Assess Opportunities Quicker and More Successfully

Experienced entrepreneurs see and assess opportunities quicker and more successfully than beginners - as mentioned in the book. Why is this?

A) they use heuristics, simple experience-based rules of thumb
B) they use experience-based judgement to differentiate between what is an opportunity and what is not
C) they are born with a nose for business
D) they are good at counting and can complete crucial calculations
E) they recognize the similarities and differences to previous situations and base their decisions on that
F) they are smarter, with higher IQs, right from the start

Correct Answer:

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