What is entrepreneurship?
Entrepreneurship is the process of starting a business, a start-up company 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. Entrepreneurship operates within an entrepreneurship ecosystem. https://en.wikipedia.org/wiki/Entrepreneurship accessed on 2015-07-03 Author: Wikipedia contributors, Publisher: Wikipedia, The Free Encyclopedia
Qualities of a good entrepreneurs
1. The decisions they make are profit driven
2. They are confident
3. They are determined people and they are creative in thinking
4. They are risk takers, however they also have good instincts when taking risks
5. Being a good entrepreneur …show more content…
Advantages Disadvantages
Entrepreneurs are flexible and are able to reschedule there appointments/work time The paperwork needed to be completed can be a burden because it takes a lot of energy
You are able to choose the work you are most skilful in. This leads to job satisfaction No guarantee of success. There is a chance of failure
You are able to set your own wage and your own investment in your company There is no guarantee that you will receive a pay check. If the business slows down, there is a low chance that you will receive your salary
Entrepreneurship can offer levels of fulfilment and achievement that are hard matched by any other type of employment. A great idea teamed with passion and commitment will certainly help a new entrepreneur overcome many of the challenges posed by starting their own business. http://www.adviseamerica.com/4-advantages-and-disadvantages-of-entrepreneurship/ accessed on 2015-08-18, Author …show more content…
This problem will only be fixed in the next 10-30 years http://marnusbroodryk.com/10-south-african-entrepreneurs-under-35-12/ published February 28, 2013, Author Marnus, accessed on 2015-08-18 http://www.news24.com/MyNews24/Challenges-Facing-Young-Entrepreneurs-in-South-Africa-20140929 published on 29 September 2014, 11:26, Author Rory Atkinson, accessed on 2015-08-18
Entrepreneurship statistics and interesting information
“Being an entrepreneur is definitely not for the faint of heart, but it does open up the amazing opportunity to run with your ideas and see if they will actually work. It is a way to bring your passion to life as you help make people's lives better. It is your avenue to severing the ties of a 9-to-5 job and someone else being in charge of your work life.”- Peter Economy, Author
Facts and Interesting topics
1. As an entrepreneur you have to get out of your comfort zone daily
2. As an entrepreneur your first try at launching your product or service will most likely fall short or even fail completely
3. As an entrepreneur you have to kiss up to a lot of people you don't even
Entrepreneurship is the process of starting a business, a start-up company 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. Entrepreneurship operates within an entrepreneurship ecosystem. https://en.wikipedia.org/wiki/Entrepreneurship accessed on 2015-07-03 Author: Wikipedia contributors, Publisher: Wikipedia, The Free Encyclopedia
Qualities of a good entrepreneurs
1. The decisions they make are profit driven
2. They are confident
3. They are determined people and they are creative in thinking
4. They are risk takers, however they also have good instincts when taking risks
5. Being a good entrepreneur …show more content…
Advantages Disadvantages
Entrepreneurs are flexible and are able to reschedule there appointments/work time The paperwork needed to be completed can be a burden because it takes a lot of energy
You are able to choose the work you are most skilful in. This leads to job satisfaction No guarantee of success. There is a chance of failure
You are able to set your own wage and your own investment in your company There is no guarantee that you will receive a pay check. If the business slows down, there is a low chance that you will receive your salary
Entrepreneurship can offer levels of fulfilment and achievement that are hard matched by any other type of employment. A great idea teamed with passion and commitment will certainly help a new entrepreneur overcome many of the challenges posed by starting their own business. http://www.adviseamerica.com/4-advantages-and-disadvantages-of-entrepreneurship/ accessed on 2015-08-18, Author …show more content…
This problem will only be fixed in the next 10-30 years http://marnusbroodryk.com/10-south-african-entrepreneurs-under-35-12/ published February 28, 2013, Author Marnus, accessed on 2015-08-18 http://www.news24.com/MyNews24/Challenges-Facing-Young-Entrepreneurs-in-South-Africa-20140929 published on 29 September 2014, 11:26, Author Rory Atkinson, accessed on 2015-08-18
Entrepreneurship statistics and interesting information
“Being an entrepreneur is definitely not for the faint of heart, but it does open up the amazing opportunity to run with your ideas and see if they will actually work. It is a way to bring your passion to life as you help make people's lives better. It is your avenue to severing the ties of a 9-to-5 job and someone else being in charge of your work life.”- Peter Economy, Author
Facts and Interesting topics
1. As an entrepreneur you have to get out of your comfort zone daily
2. As an entrepreneur your first try at launching your product or service will most likely fall short or even fail completely
3. As an entrepreneur you have to kiss up to a lot of people you don't even