What Does It Mean You Be An Entrepreneur - 2123 Words

What does it mean to be an entrepreneur? The Business Dictionary describes an entrepreneur as â€Å"Someone who exercises initiative by organizing a venture to take benefit of an opportunity and, as the decision maker, decides what, how, and how much of a good or service will be produced. An entrepreneur supplies risk capital as a risk taker, and monitors and controls the business activities. The entrepreneur is usually a sole proprietor, a partner, or the one who owns the majority of shares in an incorporated venture† (2016). A few key points of being an entrepreneur include the type of entrepreneurship and what approach you should take whether it be corporate entrepreneurship or social; the strategic planning that goes into a business and the use of young Small and Medium sized Enterprises (SME) deciding the size of your company based off of planning and the goals set for the company. How to accomplish organizational emergence and some of the issues individuals face when sta rting up a business. Government plays a huge role in business start-up, this paper will go into detail on how they assist and impede upon entrepreneurship through legislation. Finally, entrepreneurial resilience and some of mechanisms to cope with a business failure and how to stand up, brush yourself off and try again at success. Entrepreneurship is a difficult task to step into and succeed in, however there are many resounding success stories and resources available to assist in the process. First timeShow MoreRelatedEssay On What Does It Take To Be A Real Entrepreneur1046 Words   |  5 PagesWhat Does It Take To Be A Real Entrepreneur? Some people would refer entrepreneurs as a new breed of people. Others may just be daydreaming of the fame and fortune that these entrepreneurs are enjoying. However, those who are truly in the business, though they admit having more benefits than an ordinary individual, must also face a lot of struggles down the road. In short, although others may see successful entrepreneurs to be mostly all over the place where their money could bring them, it tookRead MoreHolding The World Of Your Hands1541 Words   |  7 PagesHolding the World in Your Hands â€Å"As an entrepreneur, you can always find a solution if you look hard enough.† Lori Greiner on Shark Tank, these words express an entrepreneur s daily challenges. Good ideas fabricated by great minds have made the world the way it is today, and everyday, new ideas create the world that will exist tomorrow. Entrepreneurs, painters and sculptors of the modern world, shape and change it every day. Entrepreneurs turn their dreams and imagination into reality throughRead MoreFeatures Of Entrepreneurs And Risk Taking1553 Words   |  7 Pagesfeatures of Entrepreneurs Brian identified the entrepreneur as a person who is optimistic, future-oriented, thinking that achievement is conceivable and being open to attempting risky methods to accomplish their objectives of benefits. They are capable of succeeding their objectives of benefits by trying different methods and also changing quickly as they get new data. (Brian Tracy, 2005) Entrepreneurs and risk taking Risk-taking is a part of entrepreneurial life. Due to this reason entrepreneurs haveRead MoreSkills Required For A Successful Entrepreneur1157 Words   |  5 PagesThe list of skills required to become a successful entrepreneur is not definitive, as researchers can only suggest the skills they believe should be developed. William L. 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Effectuation is a logic of thinking that requires entrepreneurs to constantlyRead MoreThe Importance of Entrepreneurship and Small Business in a Worldwide Context1430 Words   |  6 PagesEntrepreneurship Report List of contents: 1 Introduction 2 Definition of enterprise, entrepreneurship and intrapreneurship 3 Skills, attributes and behaviours of entrepreneurs 4 The importance of enterprise, entrepreneurship and small business in the context of the wider economy as well as the individual or team. 5 Stages necessary to evaluate a new business idea 7 Summary and recommendations 8 List of references Introduction This essay is about entrepreneurshipRead MoreEntrepreneurship As An Entrepreneur, Real World Experience Essay1568 Words   |  7 PagesEntrepreneurship is a topic that is heavily debated in regards to if it can be taught or not. The word Entrepreneurship originates from a French word that means to undertake. 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In fact, accordingRead MoreAn Entrepreneur s Roadmap By Joseph Picken1079 Words   |  5 PagesRoadmap,† by Joseph Picken, he outlines entrepreneur characteristics, specific obstacle’s most experiences and mainly how he got to where he is. Out of eight specific hurdles, the first one is setting direction and maintaining focus. The first step entrepreneurs have to undertake is launching their startup. However, before doing that they need to have a clear understanding of their goal and establish an exact direction. Which includes, who they are targeting, what are they offering, value proposition