Define Entrepreneurship
How you define entrepreneurship? Let’s see how people in the world define it by asking Google. Type this query on your Google search:
define: entrepreneurship
And here we goes the results:
Involves the recognition of opportunities (needs, wants, problems, and challenges) and the use of resources to implement innovative ideas for new …
www.mvp.cfee.org/en/glossary.html
Willingness to take the risks involved in starting and managing a business.
www.turnerlearning.com/efts/bball/econglos.htm
One special form of human capital that is important in an economic setting is entrepreneurship (often thought of as the fourth factor of production). Entrepreneurial abilities are needed to improve what we have and to create newgoods and services. …
business.enotes.com/business-finance-encyclopedia/economics
the qualities that are needed to function effectively in a business, profit-making context (eg the ability to identify business opportunities, negotiate prices, broker deals)
en.wikibooks.org/wiki/SA_NCS_Visual_Arts:Glossary
Entrepreneurship is the practice of starting new organizations, particularly new businesses generally in response to identified opportunities. Entrepreneurship is often a difficult undertaking, as a majority of new businesses fail. …
en.wikipedia.org/wiki/Entrepreneurship
An entrepreneur (a loanword from French introduced and first defined by the Irish economist Richard Cantillon) is a person who undertakes and operates a new enterprise or venture and assumes some accountability for the inherent risks. …
en.wikipedia.org/wiki/ENTREPRENEURSHIP
I thought the best match definition was the one proposed by turnerlearning.com which is “Willingness to take the risks involved in starting and managing a business.” There are 2 keywords to point out, willingness and risk.
From this definitions, you know that failed in business is one of the risk we should already count in the start. Afraid of failed? Then don’t try to be an entrepreneurs. It’s good if you don’t failed but sometimes we must faced it. Never give up, even Thomas A. Edison need 1000 trial and error to invent a lights.
[…] from my post about entrepreneur definition, now I want to discuss a topics which have no exact answers. Entrepreneur, is it a gift or […]