Meaning of Entrepreneurship?

Lesson 1/4 | Study Time: 15 Min
Meaning of Entrepreneurship?

Entrepreneurship
is the ACT of PURSUING business OPPORTUNITY REGARDLESS
OF RESOURCE LIMITATION.

An entrepreneur is an individual who creates,
organizes, and operates a business or multiple businesses.



Entrepreneurs often take on greater than normal
financial risks to bring their ideas to market.


  


Note: Entrepreneur
can range from small business owners to founders of large companies; from local
enterprises to global corporation


Here are 5 essential Qualities of Entrepreneurs?


1. Creativity:
The ability to think outside the box and develop innovative solutions.

2. Resilience: The ability to
bounce back from setbacks and continue pursuing goals.

3. Adaptability: The capacity to
adjust to changing circumstances and environments.

4. Strong Desire for
Achievement: A deep motivation to succeed and make a difference.

5. Independence: A preference
for taking control of their own destiny and making decisions.
                                                                                                                             


















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