Holding The World Of Your Hands

Sobel (2008), an entrepreneur is “someone who organizes, manages, and assumes the risks of a business or enterprise. An entrepreneur is an agent of change”. Sometimes becoming a successful entrepreneur is not about whether or not you have your M.B.A, it’s about your willingness to dedicate part of your life, money, and everything else to fulfilling your dreams. As Sobel’s definition includes the word “manages”, many entrepreneurs do have an advanced degree in some form of business to provide them with the knowledge to successfully manage their company. This provides them with the ability to handle their own payroll, accounts payable and receivable, and human resources. Entrepreneurs have many risks involved when beginning their company, such as: not succeeding, running out of money, or having to relocate. These risks were more common years ago when investors were not so easy to find and money was not so loosely handed out. Today’s entrepreneurs can usually fund themselves or have plenty of support from individual or group of investors. However, no matter the monetary support you have, an entrepreneur must make their company appeal to the public or their targeted group of customers. A successful entrepreneur cannot give up when things get tough, they have to accept what happened, provide a solution, and move

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.

All entrepreneurs dedicate themselves toward setting up, maintaining, and growing their businesses. They venture out, start new businesses, and innovate new products. They spend much of their time and effort on growing their client base and making a difference for their clients. They usually live a hectic, very demanding, and highly stressful lifestyle. Many find it difficult to get a regular daily exercise and stress reduction activity. They often drive themselves hard to improve their services, products, and production. If they lack the manpower support and they are directly hands-on on all aspects of their business, they sometimes end up physically and mentally drained after a few years of operation.

An Entrepreneur decides his future, time, happiness, duties and a whole lot of others. An Entrepreneur will use his imagination and come up with a way to implement his ideas even when others say it doesn't matter, planning, design, deployment and measurement are all subsequent to research. And, in the beginning of everything is the creation of the core product in its raw form a marketing skill. Most people don't understand that without marketing you do not have a product, or a service or a solution to sell.

Being an entrepreneur is one of the most challenging and popular things to do. Become an entrepreneur does not happen by accident, it requires discipline, hard work, creativity, characteristics and innovative idea. Many entrepreneurs are often experienced failure, but the real entrepreneur usually can get out from the problem they face and become successful. Arianna Huffington, who is a successful entrepreneur in her state, said “Reading biographies of successful people you admire is a great way to put failure in perspective. There 's absolutely no one who 's succeeded who has not failed along the way”, (Inc, 2013). Based on Vinnedge (2010), Huffington has been facing failures

Entrepreneurship is the activity of creating a new business or enterprise. It is an essential and significant action in the growing job market (Bednarzik, 2000). Entrepreneurship has become important to all the countries whether they developed or developing ones. It is a basis of economic growth and employment creation (Thurik, Carree, Van Stel, Audretsch, 2008). It involves opportunity recognition or creation, collecting resources to track the opportunity, and managing actions that bring a new venture into existence. Some ventures are complete start-ups, while other ventures are pursued within an existing organization (Enz and Harrison, 2010). Entrepreneurs accept the personal financial risks that drive with having their own business. On the other hand, entrepreneurs benefit directly from the

Entrepreneurs are hard working, innovative people who enjoy taking risks. They accept their failures and work back up to success. When they fall hard to the ground, they rise back up to the top with another new invention. There are countless of thriving entrepreneurs in the world today. Two of the most well known entrepreneurs are Thomas Edison and Steve Jobs.

An Entrepreneur is someone who makes decisions on what products will be produced and who will produce those products and how that certain person will produce the required products. An Entrepreneur is also defined as someone who is capable for initialising a business full of intentions and imaginations to make profit and is always aware of the risks of losing his or her resource products that he or she produced. An Entrepreneur’s aspects should be for someone working capable, risk taking and having all entrepreneurial resources required for a business.

Starting a business is the latest trend. Just take a look at Instagram. Several profiles have the caption ‘Entrepreneur’. At this very moment, there is someone, somewhere working on an idea, a business plan or launching a startup. Entrepreneurship is on the rise like never before. The flexibility and independence that comes with being one’s own boss is attractive and worth taking the leap in starting a business. However, most people don’t know that being an entrepreneur is a grueling journey that can be very lonely and stressful at times. According to the Small Business Administration (SBA), 50% of businesses fail during the first year. Starting a business can be a scary task, but the

One of the disadvantages of being an entrepreneur is that it has a lot of vulnerabilities. For example, entrepreneurs may face social risk if their innovations challenge societal norms, or they may face psychological risk as their hard work affects their families' peace of mind. Many find that the independence, notoriety, and feeling of contributing something valuable to society that often come with being an entrepreneur outweigh these dangers.

Entrepreneurship is difficult to define throughout its history research. Even nowadays, this concept is still a debatable point (Rajendra, et al., 2017). Based on four decades of research, Gartner (1988) concludes that entrepreneurs are founders of new firms. Shane and Venkataraman (2000) consider entrepreneurship as “a new venture’s risk-taking endeavor seeking an opportunity” and Fortunato (2014) adds innovative value into the concept of entrepreneurship. Thus, research on the definition of entrepreneurship continue. According to those diverse views, I will interpret six unique entrepreneurial characteristics and theoretically analyze each one. Risk taker, need for achievement and proactivity as my strengthens will be illustrated with my experience. Innovativeness, internal locus of control and tolerance for ambiguity are my weaknesses, thus I will describe relevant successful Entrepreneurs’ experiences.

The following seven key lessons are to help any beginner entrepreneur strive for success with a little more ease than as if they were to tackle it without any guidance. This book will focus on seven key lessons to becoming a successful entrepreneur as well as examples of entrepreneurs that have become successful either following these methods or creating their own pathway through the battle of entrepreneurship. To become and entrepreneur there are the lessons, the theories, the playbook that exists for entrepreneurs to help them succeed, but the ones who really thrive are the ones that will be taken about in the following pages. These entrepreneurs followed the lessons and took every step a successful entrepreneur should take to become

Entrepreneurs exist due to consumers wanting something new and relevant, which will also make an impact in the market place. Entrepreneurship is about individuals recognizing a need for a commercial application and being able to innovate their ideas to meet the needs of the consumer (Baron & Shane, 2008). On average, there are over 1400 billionaires in the world, and of those 960 are entrepreneurs who were successful, while the rest were fortunate to inherit their wealth (Vital, 2013). If we focus on the 960 and how they made their fortune we find out they became billionaires from either a single or multiple business ventures. The majority of the 960, which equates to 830, owned more than one business, and remaining 130

Schumpeter (1934, p.74) states that “the carrying out of new combinations we call ‘enterprise’; the individuals whose function it is to carry them out we call ‘entrepreneurs’”. Simply put, Schumpeter views entrepreneurs as innovators; however, it is important to note that Schumpeter (1934, p.88) only views those that commercially exploit their creations as innovators, declaring “as long as they [inventions] are not carried into practice, inventions are economically irrelevant.” For Schumpeter, it is the commercial exploitation of these new inventions, created by the innovators that he refers to as entrepreneurs, which drive economic development (Fig.2). This is because, in the process of exploiting this new creation, be it an invention or new production method, the entrepreneur breaks the economy out of its static equilibrium, disturbing what

Entrepreneurship is risky venture, because of the many facts that could affect its outcome, however a lot of people are willing to overcome those challenges hoping to become their own boss. Mr. Bahar, 31 years old, a gentleman from Sudan, who came to the United States in 2004, is one of the people who risk it all to start a home based start-up trucking company, (He runs it from his apartment in Fort Wayne, IN). In an interview I had with him, Mr. Bahar talked to us about his experience.