Pros And Roles Of Entrepreneurship

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

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.

Entrepreneur is a person who habitually creates and innovates something with recognised value and seizes the opportunities to convert them to marketable ideas (Bolton & Thompson, 2004). Kuratko (2009) describes entrepreneurship as a process of vision and creation that requires an application of energy and passion towards the creation and implantation of new ideas and creative solutions.

Entrepreneurship is the action of taking the initiative to build up, organize and manage a business with the intend to attain profits overcoming the difficulties. The risk carried by the entrepreneurs willing to take advantage and take risk of the market opportunity and find better ways of the present processes to take out the new ventures. The task of the entrepreneur is to effectively and proficiently use the land, labor and capital to take out the business activities, according to the economical definition. Individuals get freedom provided by the entrepreneurship to take their own decision and the capability to plan and manage according to their own wishes but the procedure of doing business is not that simple.

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.

Entrepreneur is a person who organizes and operates a business or businesses, taking on greater than normal financial risks in order to do so. This career is stressful at time but this could be fun to be able to have the ability to bring ideas to reality and change today’s generation. Being an entrepreneur doesn’t mean creating clothing but also having your own service business. For an example, lawn mowing service or a tree cutting service. You can also make your own invention. Something so small can become something so big, the best inventor didn’t become entrepreneurs overnight some of the even made their inventions by accident and now their invention are still around and have changed generation today. Becoming an entrepreneur you need to know the education, duties, and responsibilities of an entrepreneur.

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.

Entrepreneurship roots from the word entrepreneur, which according to www.wikipedia.com, it can be defined as one who undertakes innovations, finance and business acumen in an effort to transform innovations into economic goods. Entrepreneurs are risk takers, willing to roll the dice with their money or reputation on the line in support of an idea or enterprise. They willingly assume responsibility for the success or

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)

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.

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.

How important is entrepreneurship in the development and growth of the economy of the country

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.