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Entrepreneur Assignment 1 2019
Entrepreneur Assignment 1 2019
Still others feel that entrepreneurs are innovators who come up with new ideas for products,
markets or techniques.
To put it very simply an entrepreneur is someone who perceives opportunity, organizes resources
needed for exploiting that opportunity and exploits it. Computers, mobile phones,washing
machines, ATMs, Credit Cards, Courier Service, and Ready to eat Foods are all examples of
entrepreneurial ideas that got converted into products or services.
An Entrepreneur refers to a person who organises, manages and operates multiple businesses
with different goals and takes financial risks also ,for an entrepreneur to organize and manage an
entreprise very well he/she has to embark on entrepreneurship which is the process of starting,
executing the enterprise activities in the business.on top of that Entrepreneurs posses
Entrepreneur Ideas, for example an entrepreneur can build on an entreprise such as App creator
which comprises of chatbots, social media apps like of Mark Zuckerberg who created several
products before building Facebook. He created an instant messaging tool that his father used in
his dentistry practice to communicate with his receptionist. Zuckerberg also created music
software that Microsoft were interested in buying even though he was only a teenager. Within
the year he first founded Facebook.
An entrepreneur searches for change, responds to it and this change should come with
innovation. According to Kilby(1999) said “Innovation is a specific tool for any entrepreneur and
it enhances the effectiveness of an entreprise as it converts a source into a resource”.
Entrepreneurship involves an entrepreneur who takes action to make a change in the world.
Whether startup entrepreneurs solve a problem that many struggle with each day, bring people
together in a way no one has before, or build something that advances society, they all have one
thing in common which is risk taking. According to Molaro(2014) said “ Entrepreneurship
means being the one that is willing to take a leap, work hard enough to sacrifice everything else
around you, all in the name of solving problems because no one else is capable or possesses the
desire”.
Entrepreneurs are risk-takers, risk taking and entrepreneurship go hand in hand. Entrepreneurs
do not apply for any enterprise , they create them. With that comes risk. Whether it’s the
financial risk of starting the first brand or the risk from not knowing what to expect, business is
risky. Entrepreneurs are often taking risks by trying things an average person will not do.
Conclusion
In this article, you learned what is entrepreneurship, what is an entrepreneur, discovered the
entrepreneur definition from first-hand accounts from popular startup entrepreneurs. We hope
that you’ve learned what the meaning of entrepreneurship is for some of the entrepreneurs out
there. If this article will show you anything, let it show you that many entrepreneurs care about a
cause so intensely that they build an empire to solve some of the toughest problems. If you’re
looking to make your mark on the world, solve a big problem or advance society, consider
entrepreneurship. You could just be the person to change the world. All it takes is taking your
best entrepreneur ideas and acting on them.
“A person who sees a problem is a human being; a person who finds a solution is visionary; and
the person who goes out and does something about it is an entrepreneur.” – Naveen Jain
entrepreneur quotes