Mahogany Williams Research Paper

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

Entrepreneurship: A person or people who want to supply the product to the market to make some profit.

Entrepreneurship can have multiple meanings. Business daily consider it to be a business ventures that shares a commitment to turning an idea into a profitable business (Fernandes, 2016). Bruce Bachenheimer, a clinical professor of management and executive director at Pace university also mentioned "At its core, it is a mind-set, a way of thinking and acting. It is about imagining new ways to solve problems and create value." (Fernandes, 2016). I couldn’t have agreed any more as anyone can come up with an idea but implementing it to produce change in the world is where the real work starts.

Entrepreneurship involves entrepreneurial skills to develop, organize and manage a business venture by focussing on opportunities along with any of its risks in order to make a profit. Entrepreneurship is also an approach to management that can be applied in start-up situations as well as within established businesses. (Business Management: a contemporary compilation)

An Entrepreneur is someone who undertakes a risk, a risk that starts with an innovation and involves financing the initiative. This initiative usually ends up in formation of an organization which uses the innovation to assemble products or services achieving sales against investment made (Shane, 2003).

Entrepreneurship is the process of starting a business or other organization. The Entrepreneur develops a business plan, acquires the human and other required resources, and is fully responsible for its success or failure. The Main Skills for Entrepreneur are: 1.

An entrepreneur is someone who starts, operates or sets up a business and is usually the main shareholder in the business venture. They take on financial risks with the hope of making a profit

Taking a risk: the entrepreneur is the person who risk time money, time and effort to start or manage a new business.

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 is a person that can acquire and capture an idea, which could be about presenting anything, a specific product, or any type of service. He would have the ability and proficiency for taking up challenges and risks in order to present that idea towards reality and make it happen. Entrepreneurship on the other hand, consists of the opportunities that would be needed to explore (Akudolu, 2010).

Entrepreneurship means different things to different people. Entrepreneurship is the ability and willingness to develop, organize a new business venture being prepared to take risks in order to make a profit, innovation and risk taking is a vital part of entrepreneurship.

Translated from its French roots, entrepreneur means “one who undertakes”. The Oxford English Dictionary (2008) defines entrepreneur „a person who attempts to profit by risk and initiative“. Entrepreneurs do this by exploiting some form of change and shifting resources

Entrepreneurship is when an individual decides to build a company or business in order to make profit. For example Bill Gates is the co-founder of Microsoft. He is one of the best known entrepreneurs in the world.

Entrepreneurship can be defined in many ways, as one man called Merriam-Webster said that “one who organizes, manages and assumes the risks of a business or enterprise. “An Entrepreneur can also define as “a person who organizes and manages any enterprise, especially a business, usually with considerable initiative and risk” this definition is recommended by Forbes. In the following report entrepreneurs will be uncovered and dissected also in this report it will also focus on one of the famous entrepreneurs ever to be witnessed Michael dell the founder and current CEO of Dell Incorporation. It will also be discussed in the following report that how do entrepreneurs impact our economy and also it will be discussed the entrepreneurs in South Africa and many more.

An entrepreneur is a natural born individual that can emerge and flourish anywhere, even in the smallest country in the World such as Monaco. All it takes is an idea and a dream to turn it into an opportunity. Entrepreneurs are not only limited to carry out a businesses at a domestic level, but also international. Entrepreneurs are dynamic individuals that have the initiative to take risks and start up a business, have the vision and objectives, and are the future of the economy.