Which of the following is a risk of entrepreneurship?

The potential loss of personal assets is indeed a significant risk of entrepreneurship. When individuals start their own businesses, they often invest their own money, which could include personal savings or assets, into the venture. If the business fails or does not perform as expected, there’s a risk that these personal financial investments could be lost. This is especially true in sole proprietorships, where business debts can impact personal liabilities.

Furthermore, entrepreneurs might also take on additional debt to finance the business, which could lead to more severe personal repercussions if the business becomes unable to meet its financial obligations. Unlike salaried employees, who have a buffer of a steady income and benefits, entrepreneurs face the uncertainty of fluctuating incomes, making the potential financial risks particularly high.

In contrast, other choices highlight the positive aspects of entrepreneurship, such as opportunities and flexibility, which do not encapsulate the risks involved. While innovation, schedule-setting, and independence can lead to rewarding experiences, they don't address the inherent financial risks that accompany starting and running a business.