When I looked at the web for the Definition of Entrepreneurship I came up with a lot of Definitions which are as follows, They are in a way logically understanding the term but in reality, i guess a quotation by a student of Warren G. Tracy\’s class, describes it the best-
\”Entrepreneurship is living a few years of your life like most people won\’t so that you can spend the rest of your life like most people can\’t.\”
The Above paragraph makes all the difference according to me if you are an entrepreneur you know it in your heart that you will have to do the hard work, but the best thing is that you will be ready for it.
As far as the definition from dictionaries are concerned following should help you out 🙂
# Entrepreneurship is the practice of starting new organizations or revitalizing mature organizations, particularly new businesses generally in …
# An entrepreneur is a person who has possession over a new company, enterprise, or venture, and assumes significant accountability for the inherent risks and the outcome. The term is a loanword from French and was first defined by the Irish economist Richard Cantillon. …
# the art of taking something at risk which would be profitable and that is at moderate risk; the art and science for innovations of all things that …
# entrepreneur – someone who organizes a business venture and assumes the risk for it
# The Entrepreneur is a text-based business simulation game created and published by Peter Molyneux. The first game of his career, it was released …
# Entrepreneur Magazine is a publication that carries news stories about entrepreneurialism, small business management, and business opportunities.
# entrepreneur – someone who is willing to assume the responsibility, risk and rewards of starting and operating a business.
# entrepreneur – One who assumes the financial risk of the initiation, operation, and management of a given business undertaking.
# entrepreneur – An innovator of business enterprise who recognizes opportunities to introduce a new product, a new process or an improved organization, and who raises the necessary money, assembles the factors for production and organizes an operation to exploit the opportunity.
# entrepreneurs – are people who organize other productive resources to make goods and services. The economists regard entrepreneurs as a specialist form of labor …
# entrepreneur – Individual who starts a new business. Venture capital is often used to finance the startup costs in return for an equity share. Once the business is established, an entrepreneur may choose to raise additional capital by selling equity shares to the public through an initial public offering.
# entrepreneur – A person who has the skills and initiative to establish their own business. This person also manages the business and assume the financial risks associated with the venture. Click here for additional information.
# Entrepreneurship is a process whereby enterprise is employed and leads to the pursuit of opportunity through new ventures. Social entrepreneurship involves employing enterprise for social good rather than for the benefit or profit of private shareholders.
# Entrepreneurs exploit knowledge by converting knowledge discovered into profitable gain. Entrepreneurship is about being alert to a set of …
# The process of pursuing opportunity and leveraging resources to create value. This includes starting new businesses or incorporating income-generating mechanisms into existing projects.
# The organization of productive resources by a person willing to take risks to start a business.
# refers to the set of skills a person needs in order to successfully start and run a small business. These skills include the ability to identify a …
# and Regional Development
# Innovation, vision, creativity, and risk. This is by far the most abstract.
# The effort used to coordinate the factors of production—natural resources, labor, physical capital, and human capital—to produce and sell products.
# entrepreneur – Means a person who starts and/or operates a business which includes identifying opportunities in the market, taking risks with a view of being rewarded with profits
# entrepreneur – is a person who has the ability to recognise Opportunities of benefit to an enterprise, and the will and capacity to undertake appropriate innovative action while accepting the associated risks. See also: Innovation, Intrapreneur.
# entrepreneur – A risk-taker willing to try new things typically by creating new businesses (can be product, service, technology or market-driven)
# entrepreneur – A person who engages in the process of entrepreneurship.
# entrepreneur – A person registered in the Commercial Registry, who does business according to a trade license; a person doing business on a basis other than a …
# entrepreneur – French word which translates roughly as \”enterpriser.\” In capitalism, a speculator who invests capital in stocks, land and machinery, as well as the exploitation of wage labor, in the pursuit of profits.
# entrepreneurs – A widely applied term, often used to describe passionate business types that are prepared to go to the ends of the earth to make a business or …
# entrepreneur – a person who sets up and manages a project or business
# entrepreneur – Individual who starts an enterprise with its associated risks and responsibilities.
# entrepreneur – Someone who recognizes the desires that people have and then brings together the appropriate natural resources, labor, and capital to meet these desires, taking the risk involved.
1 thought on “What is Entrepreneurship?”
Those first lines are the meaning of Entrepreneurship, I just love them.