Importance Of Education Of An Entrepreneur

Have you ever wondered who thought about the idea of creating a multinational retail corporation here in America called Wal-Mart? Sam Walton - founder of Wal-Mart was behind that idea. Sam Walton is an example of great entrepreneur who wanted to make his business successful. An entrepreneur needs a variety of skills but does not need to have a formal education. Being an entrepreneur is challenging even if an individual is well educated on the field or has no education at all. There is always the risk conducting business because of the competition with other companies. However, what does an entrepreneur do? Do you have what it takes to be on top the business world and compete ? An entrepreneur must have is a guide to start and run a business even if it is a big or small business.

An Entrepreneur is a person who forms and operates a business. Entrepreneurs form and start companies by themselves, or with partners. Most of the time companies which are started by entrepreneurs are relatively small in size, but some grow into huge corporations, such as Microsoft which is owned by Bill Gates. Entrepreneurs have four different options when starting a business, which include a sole proprietorship, Partnership, limited liability company, and also a corporation. Each form has its advantages and also disadvantages depending on what the type of business is, and also what service it provides.

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.

An entrepreneur is someone who starts a business by organizing and having greater than normal financial risk in order to do so. There are many people who fit into being an entrepreneur. For example stores like Wal-Mart, Target, Dollar Store, and any restaurant place. I will be looking at Eliza Pinckney as

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.

Becoming an entrepreneur means having creativity and being able to sustain a successful business. Doris Christopher was all of that she founded the Pampered Chef. She sold small things like kitchen tools, food products, and cook books she was able to go from nothing and doing everything in her basement to having five thousand workers. Also Pampered Chef offers some she used her own creativity and turned it into a multimillion business. Pampered Chef was only worth three thousand dollars when it first was founded she well-earned title entrepreneur.

An entrepreneur is a person who organizes and manages a business undertaking, assuming the risk for the sake of profit. An entrepreneur: Sees an opportunity. Makes a plan. Starts the business. Manages the business. Receives the profits. (SBA) We know who the entrepreneur as mention above, Maddie Bradshaw is also one of them. Maddie Bradshaw turned her hobby she loved into a profitable company with her locker inspiration and magnetic bottle caps. Her creativity and enthusiasm to use old bottle caps and interchangeable, magnetic bottle cap necklaces makes her a young successful an entrepreneur.

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

Becoming an entrepreneur will be very exciting journey; from the beginning till the development and realisation of one's product or service.

Entrepreneur is a person who establishes, owns or operates a business and is characterised by traits such as creativity, strong will, motivation, passion, determination, leadership qualities, work ethic and non-conformity. They are willing to take (non-excessive) risk in order to make a financial profit and are fully responsible for the outcomes. Their ideas are usually ground-breaking and innovative in their particular field.

Entrepreneurs come from all over, of many different types, with many different talents and many different dreams. Not everyone, however, whom owns a small business, is an entrepreneur. We have a dream and we attempt to pursue it, yet end up finding ourselves working twice as hard attempting to make it work because we only trust ourselves. You go into business for yourself but spedn so much time working on the product and doing the chores that you lose sight on the business itself. In fact, according to Gerber, only a select few are true entrepreneurs and for the others it may have existed for a short period of time. From a newcomer’s perspective, one would think of course if they own their own business they are classified as an

Usually, Entrepreneurship skills are obtained to acquire the role of being an Entrepreneur. It is necessary and very important to have these skills and developing them from a young age up until adult life can be very useful.

Before looking at the challenges facing entrepreneurs, it is important to define who an entrepreneur is. Entrepreneurs are basically people who organize and operate businesses. They are commonly known as businessmen because they take the financial risk of running businesses.

It is identified the proximity of universities and supporting services are two of such stimulating factors to overcome the challenges by using entrepreneurial energy and positive factors that encourage entrepreneurship (Bruno and Tyebjee 1982). However, the first entrepreneurship education at college-level course was offered by Harvard University in 1947; gathered momentum in business schools in the early 1970s and according to the Kauffman Centre for Entrepreneurial Leadership, it begun as a force in 2001 in the US. Entrepreneurship education in colleges and universities has expended over the last twenty years at undergraduate and graduate levels in Canada, Europe (Kuratko 2003) and in Australia (Peterman and Kennedy 2003; Jones and English 2004) where the origins of the Bachelor of Business (Entrepreneurship) date back to the mid 1990s (Chan 2005). Currently, Australian Universities offer more than 50 entrepreneurship courses ranging from units as part of the bachelor or master programs and bachelor programs with specialisation/ major/ minor in entrepreneurship to postgraduate programs in entrepreneurship including postgraduate diploma/certificate, masters’