Entrepreneurship Is Not Only A Word Entrepreneur

A person who starts a business is someone who assumes the financial risk of the initiation, the operation, and management of the business. ,“An entrepreneur is someone who organizes a business venture and assumes the risk for it”. (Define an Entrepreneur, Source: H) A person who has possession of a new enterprise, or “idea and assumes significant accountability for the inherent risks and the outcome” (Source: H) can be known as an entrepreneur. “The term is originally a loanword from French and was first defined by the Irish economist Richard Cantillon.” (Define an Entrepreneur, Source: H) “Entrepreneur in English is a term applied to the type of personality who is willing to take upon her

Entrepreneurs, individuals who come up with an plan in means of profit while knowing the risks that comes along. however, in adam smith time(1723-1790), the definition of an entrepreneur was different it was an “ individual purusing his or her own good to achieve the best good for all”. Those individuals led by the “invisible hand” would provide

Entrepreneurship is the willingness to take risks to create and operate a business. An entrepreneur is someone who sees a potentially

An entrepreneur is someone who organizes, manages, and assumes the risks of a business or enterprise (Merriam-Webster, n.d). Some characteristics of an entrepreneur are, the willingness to work hard, the desire for responsibility and the confidence in their ability to succeed. The person that I chose to interview for this paper is, Adama Kuyateh.

Entrepreneurs are risk takers in the market. They are willing to gamble their hard work for a business that may fail or succeed. Many fail to keep their business alive, however; others are lucky to compete and survive in the market. Entrepreneurs like Maribel Galsim, owner of Maribel’s Daycare, were successful in their business. Maribel’s Daycare was successful because of hard work, patience, and being adaptable.

According to Schaper and Volery (2007), entrepreneurship comes from the French word “entreprende” which means “to undertake” or “to take in one’s own hands.” Entrepreneurship as the process brought by individuals, of identifying new entrepreneurial opportunities and converting them into marketable products and/or

Before anyone can start talking about entrepreneurship in America, one must first know what entrepreneurship is. According to Webster’s Dictionary, an entrepreneur is a person who organizes and manages any enterprise, especially a business, usually with considerable initiative and risk. While when we think of being an entrepreneur we always seem to think business, however when we look at that definition of being an entrepreneur it seems that our country was founded on entrepreneurship. Our great land of the United States as we know it today was started with a considerable initiative and a huge amount of risk which we know from history as the revolutionary war. But entrepreneurship in America started way before any of the early settlers

It is observed that the phrase “Entrepreneurship” has been used in disparate meanings by scholars around the world. In academic definition, entrepreneurship is the process by which individuals pursue opportunities without regard to resources they currently control(Stevenson & Jarillo). In venture capitalist, entrepreneurship is the art of turning an idea into a business(Fred Wilson). In a simple word, entrepreneurship is the process of designing a new business and start new businesses is the most obvious example of entrepreneurship. Most researchers would agree with a definition of entrepreneurship as an activity that involves the

According to our book Boon and Kurtz contemporary Business an entrepreneur is defined as “someone who is a risk taker in the private enterprise system, a person who seeks a profitable opportunity and takes the necessary risks to set up and operate a business.” While this definition is adequate for describing the general idea that is an entrepreneur there is a deeper defining characteristics of these barons of business.

Through fresh innovative and creative ideas we have seen how these different concepts and ideas change the business environment. Entrepreneurship plays a role in the economy and can result in the growth and development of the economy in a country. This essay will be discussing the different aspects on what Entrepreneurship is, The Role it plays in the economy and the different type Entrepreneurial businesses involved in the growth and development of the economy of the country. Entrepreneurship will help the economy by providing more job opportunities, creating new wealth and can reduce unemployment . It is clear that there is positive relationship between Entrepreneurship and Economic growth; this link will be discussed in the essay.

An entrepreneur is “a person who organizes and manages a business with considerable initiative and risk”. In other definitions an entrepreneur “identifies an opportunity or a gap in a market and evaluates the risk related to the establishment of the business and is prepared to take the associated risk to start the business in the quest for making profit; and has the ability to obtain the resources to establish and grow a business”. Entrepreneurship exceedingly relies on entrepreneurs to start-up, develop and produce companies across the use of their

Entrepreneurship is the process of starting a business or other organization in which the ‘Entrepreneur’ develops a business plan and is fully responsible for its success or failure.

Entrepreneur: is an enterprising individual who builds capital through risk and/or initiative. This term first appeared in the French Dictionary “Dictionnaire Universal de Commerce”. Entrepreneur in English is a term applied to a person who is willing to help launch a new venture or enterprise and accept full responsibility for the outcome.

An Entrepreneur is someone who is creative and innovative and identifies a business opportunity or gap in the market for a new or adapted product or service. The importance of an entrepreneurial business at all levels is essential to a country’s economic development as well as wealth and employment creation within a country. To a large extent this is dependent on the entrepreneur who applies certain talents, skills and expertise in the start-up, development and growth of businesses. Entrepreneurial development is the origin of successful entrepreneurial activity, and although some entrepreneurs are born, it is possible to develop individuals into becoming entrepreneurs.

-Entrepreneur is a person who organizes and assumes the risk of his or her own venture”.