What is Entrepreneur?
An Entrepreneur is the one who systematizes, manages, and shoulders the risks of a business or enterprise. An entrepreneur is a pioneer, a contender and a driver. One who crafts something new, or some creativity, a business or an enterprise. An entrepreneur is the beginning (and at times the end) of the endeavour, project or activity.
Traits of a Successful Entrepreneur
Full of willpower
Not frightened to take risks
Great confidence
Hunger after erudition
Comprehension of the failure as part of the game
Passionate about the business
Types of Entrepreneur
Inventors: They come up with ideas for whole new products and services
Innovators: They improvise the existing product or services in some aspects and …show more content…
Pilot Phase: Then he tests the feasibility of that product or service in the marketplace for which it is designed and gathers the feedback to enhance the offering by the time.
Team of Experts: A successful business is always run by a coordinated and compatible team. A team which completes and complements each other in one or the other aspects is what is required for running a successful business.
Planning & Managing: The responsibility is to check how the execution is being done of the initial thought. Continuous improvement for the betterment of the same is essential.
References
What Do Entrepreneurs Contribute to Society? (n.d.). Retrieved May 16, 2016, from http://smallbusiness.chron.com/entrepreneurs-contribute-society-78923.html
(n.d.). Retrieved April 16, 2016, from http://bootstrapbootcamp.com/how-entrepreneurs-contribute-to-society/
5 Ways an Entrepreneur Stimulates the Economy. (n.d.). Retrieved May 16, 2016, from
An Entrepreneur is the one who systematizes, manages, and shoulders the risks of a business or enterprise. An entrepreneur is a pioneer, a contender and a driver. One who crafts something new, or some creativity, a business or an enterprise. An entrepreneur is the beginning (and at times the end) of the endeavour, project or activity.
Traits of a Successful Entrepreneur
Full of willpower
Not frightened to take risks
Great confidence
Hunger after erudition
Comprehension of the failure as part of the game
Passionate about the business
Types of Entrepreneur
Inventors: They come up with ideas for whole new products and services
Innovators: They improvise the existing product or services in some aspects and …show more content…
Pilot Phase: Then he tests the feasibility of that product or service in the marketplace for which it is designed and gathers the feedback to enhance the offering by the time.
Team of Experts: A successful business is always run by a coordinated and compatible team. A team which completes and complements each other in one or the other aspects is what is required for running a successful business.
Planning & Managing: The responsibility is to check how the execution is being done of the initial thought. Continuous improvement for the betterment of the same is essential.
References
What Do Entrepreneurs Contribute to Society? (n.d.). Retrieved May 16, 2016, from http://smallbusiness.chron.com/entrepreneurs-contribute-society-78923.html
(n.d.). Retrieved April 16, 2016, from http://bootstrapbootcamp.com/how-entrepreneurs-contribute-to-society/
5 Ways an Entrepreneur Stimulates the Economy. (n.d.). Retrieved May 16, 2016, from