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The meaning of ENTREPRENEUR is one who organizes, manages, and assumes the risks of a business or enterprise. The Characteristics of an Entrepreneur.
noun. the owner or manager of a business enterprise who, by risk and initiative, attempts to make profits. a middleman or commercial intermediary. entrepreneur. One who starts a business or other venture that promises economic gain but that also entails risks.
a person who attempts to make a profit by starting a company or by operating alone in the business world, esp. when it involves taking risks: He’s an entrepreneur who made his money in computer software. entrepreneurial. adjective us / ˌɑn·trə·prəˈnɜr·i·əl, -ˈnʊər- /
entrepreneur | American Dictionary. noun [ C ] us / ˌɑn·trə·prəˈnɜr, -ˈnʊər / Add to word list. a person who attempts to make a profit by starting a company or by operating alone in the business world, esp. when it involves taking risks: He’s an entrepreneur who made his money in computer software. entrepreneurial.
- What Is An Entrepreneur?
- Why Are Entrepreneurs Important?
- What Are Different Types of Entrepreneurs?
- 4 Types of Entrepreneurship
- Social Entrepreneurship
- How to Become An Entrepreneur
- Entrepreneurship Financing
- 7 Characteristics of Entrepreneurs
- Entrepreneurship in Economics
- Questions For Entrepreneurs
An entrepreneur is an individual who creates a new business, bearing most of the risks and enjoying most of the rewards. The process of setting up a business is known as entrepreneurship. Entrepreneurs play a key role in any economy, using the skills and initiative necessary to anticipate needs and bring new ideas to market. Entrepreneurship that p...
Entrepreneurship is one of the resources economists categorize as integral to production, the other three being land/natural resources, labor, and capital. An entrepreneur combines the first three of these to manufacture goods or provide services. They typically create a business plan, hire labor, acquire resources and financing, and provide leader...
Not every entrepreneur is the same and not all have the same goals. Here are a few types of entrepreneurs:
As there are different types of entrepreneurs, there are also different types of businesses they create. Below are the main different types of entrepreneurship.
The goal of social entrepreneurship is to create a benefit to society and humankind. This form of businessfocuses on helping communities or the environment through their products and services. They are not driven by profits but rather by helping the world around them.
After retiring her professional dancing shoes, Judi Sheppard Missett became an entrepreneur by teaching a dance class in order to earn some extra cash. But she soon learned that women who came to her studio were less interested in learning precise steps than they were in losing weight and toning up. Sheppard Missett then trained instructors to teac...
Given the riskiness of a new venture, the acquisition of capital funding is particularly challenging, and many entrepreneurs deal with it via bootstrapping: financing a business using methods such as using their own money, providing sweat equityto reduce labor costs, minimizing inventory, and factoring receivables. While some entrepreneurs are lone...
What else do entrepreneurial success stories have in common? They invariably involve industrious people diving into things they’re naturally passionate about. Giving credence to the adage, “find a way to get paid for the job you’d do for free,” passion is arguably the most important attribute entrepreneurs must have, and every edge helps. While the...
In economist-speak, an entrepreneur acts as a coordinating agent in a capitalist economy. This coordination takes the form of resources being diverted toward new potential profit opportunities. The entrepreneur moves various resources, both tangible and intangible, promoting capital formation. In a market full of uncertainty, it is the entrepreneur...
Embarking on the entrepreneurial career path to “being your own boss” is exciting. But along with all your research, make sure to do your homework about yourself and your situation.
Entrepreneurship is the creation or extraction of economic value in ways that generally entail beyond the minimal amount of risk (assumed by a traditional business), and potentially involving values besides simply economic ones.
/ɑntrəprəˈnʌr/ /ɒntrɛprɛˈnʊə/ IPA guide. Other forms: entrepreneurs. An entrepreneur is someone who starts a new business. Little stores and huge companies both have entrepreneurs behind them. Do you have good ideas for products? Are you OK with the idea of risk? Then maybe you should be an entrepreneur.
