Definition of entrepreneur

Introduction - Definition of throw inpriser A definition of enterpriser would be a person who starts a new enter or own(prenominal) line of credit and concords on all told the lucks for the product/ transmission line/service that they believe in. The full term entrepreneur is someone who offers a type of service or a new modern product in rank to put up a trusted amount of utility, which will ordinarily involve in a high level of personal and financial risk to move the opportunity. An Entrepreneur is an individual who establishes and mangers a stage business for the principle get of profit and rearth. The entrepreneur is characterized in the main by innovative deportment and will employ strategic management practices in the business. (Source: splendid Business and Entrepreneurship. Paul ruin and Jim Dewhurst, pg 11) These are the people who pee the skills and initiative necessary to take good news ideas to securities industry and make the right decision s to manlike the idea profitable. Here is a quotation of what is an entrepreneur unmatchable who creates a new business in the face of risk and uncertainty for the purpose of achieving profit and growth by identifying opportunities and accumulation the necessary resources to capitalize on those opportunities (Scarborough and Zimmerer, 2003, p.

3) Someone who takes nothing for granted, assumes smorgasbord is possible, and follows through: someone incapable of confronting reality without thinking rough ways to improve it; and for whom carry out is natural outgrowth of thought (Source: Useem, 2001. In Scarbor ough and Zimmerer, 2003, p.3) Characterize! s of a boffo entrepreneur Being an entrepreneur is about more than just scratch a business or two, it is about having attitude and the social movement to travel along in business. All successful Entrepreneurs have a exchangeable way of thinking and posses several key personal qualities that make them so successful in business. Successful entrepreneurs equivalent the compulsive Richard Branson have an inner drive to succeed and grow their business. A...If you indirect request to get a full essay, order it on our website: OrderCustomPaper.com

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