The True Origin Of The Word Entrepreneurship Essay

Well to me it depends on the mind-set of an individual, his/her innate abilities and capabilities. I myself broadly classify entrepreneurs into two types, The Inventors (those who with their discrete and genius intellect pioneer goods and services that never existed) and the Innovators (take existing idea and innovate it with their brilliance). It is the category that defines the set of skills, traits and characteristics suited to that entrepreneur. For example the first type of entrepreneurs i.e. Inventors are revolutionary blended with growth orientation. They want to revolutionize the market or industry and grow at some rate so that their product becomes a necessity e.g. Thomas Edison, While on the other hand

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

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

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.

In regards to entrepreneurship, there are many definitions proposed by theorists. In my research paper, I have used definition by Kinder that suits well to an entrepreneurs; “Entrepreneur is someone that alerts towards profit opportunities” (Kirzner, 1973). Profit opportunities

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.

Entrepreneurs innovate. Innovation is the specific instrument of entrepreneurship. The act that endows resources with a new capacity to create wealth. © Peter Drucker.

An entrepreneur is someone who starts a new company to produce a product or service. An entrepreneur is usually a risk taker and an opportunist. Entrepreneurship is a positive change in our society. Entrepreneurship is combined with land, labour, resources and capital in order to make a profit.

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 can be defined as the process of starting a business or other organization. Entrepreneurship can also be defined as job that involves the fundamental principles of business. Entrepreneurs not only sell products but services, and businesses, often at the same time.

An entrepreneur is someone who is competitive, always having an idea of what the market needs, they need to do more researches, create a business plan which will include the entrepreneur new ideas and technologies, to make the business ideal and successful. Entrepreneurs need to have a keen eye on seeing opportunities which others can not see, they need to take financial risks in setting up a business, or improve the performance of other businesses. “Starting your own business/Entrepreneurship is like jumping off a cliff and building a plane on the way down”, says Nikhlil Shah, Founder of Mixcloud.

There is no such thing as a typical entrepreneur (business case study, n.d.) and no standard and universal definition of entrepreneurship. It is derived from the French language, entreprendre, meaning assume duties or attempt. An entrepreneurship is a process of someone who has a capacity and willingness to develop, organize and manage any enterprise or business venture along with any personal financial risks in order to make profit. Entrepreneurship is a process or an activity of discovering new ways or ideas of combining resources to make profits. Besides owning a business, entrepreneurship also includes any entrepreneur or a person who is a business leader or an innovator of new ideas to process a business.

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

An entrepreneur can be defined in many different ways but the one I think related to Walt Disney is “Someone who executes initiative by organising a centre 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. (1)

Entrepreneurship refers to the act of investing in productive capital and assuming risk for productive ventures. An entrepreneur is an individual who purchases factors of production and combines them to produce consumable output. Entrepreneurs are distinguished from capitalists- who rent out capital to entrepreneurs- and workers, who sell their labor to entrepreneurs. Entrepreneurs are indispensable to the functioning of any economy. Entrepreneurs grow economies by creating new output, increase efficiency in economies, allocate society’s resources efficiently, and serve consumers and job-seekers.