this note is to help guide students interested in becoming entrepreneurs. Specifically‚ this note will cover the common sources of inspiration for finding potential ideas and creating a vision‚ highlight the importance of capitalizing on trends‚ and review the basic components of what makes an idea an opportunity worthy of pursuing. THE DISCOVERY PHASE – LOOKING FOR INSPIRATION Where to start looking for an idea? Successful entrepreneurs have found inspiration from many different sources‚ but
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(1934) saw the definition of an entrepreneur as not only individuals who bears the risk of buying and selling at uncertain prices ‚ but more of process by which an economy moves forward through the act of creative disruption or innovation. There are many different avenues on what defines a person as an entrepreneur‚ the definition itself is evolving based on the society we are in today. The entrepreneur in this report when asked what he thinks is an entrepreneur in a small business‚ his opinion
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traits of entrepreneurs…………………………………...........................................4 Characteristics and attributes of entrepreneurs …………………………………….......5 Motivation of entrepreneurs ……………………………………………………………7 How to gain entrepreneurial resilience…………………………………………………...8 Conclusion..………………………………………………………………………………9 References.……………………………………………………………………………....10 INTRODUCTION The term entrepreneur is comes
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future of entrepreneurship in Pakistan and international world 5-7 3 Issues of entrepreneur In pakistan 7-9 4 Opportunities of entrepreneur in pakistan 9-10 5 Framework 10 6 conclusion 11 EXECUTIVE SUMMARY This report is based on the past‚ present and future of entrepreneurship in Pakistan and internationally worldwide. The essential part of this report is the issues that the female entrepreneurs are facing in Pakistan and what opportunities should be given to them because this
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WOMEN ENTREPRENEURS 4 FACTORS INFLUENCING WOMEN ENTREPRENEURS 5 PERSONALITY TRAITS FOR WOMEN ENTREPRENEURS 6 CONCLUSION INTRODUCTION Entrepreneurship is considered as one of the most important factors contributing to the economic development of the society. Entrepreneurs have been considered instrumental in initiating and sustaining socio-economic development. There are evidences to believe that countries which have proportionately higher percentage of entrepreneurs in their
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Pg104 Q1: Who can be an entrepreneur? There are no specific standards or definitive concept to judge whether one could be an entrepreneur. Everyone could be an entrepreneur even though that people differ diversely in personal experience and educational background. Some are born with a nature of entrepreneurship while others could learn necessary skills to become an entrepreneur. In general‚ successful entrepreneurs exhibit some common characteristics including leadership‚
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and cognitive style a person has that makes them successful entrepreneurs. The certain cognitive style‚ moral reasoning‚ is proven in a DIT test that a sample of entrepreneurs have taken. The results showed that entrepreneurs have a higher test score than the average‚ meaning that on average‚ entrepreneurs have a higher degree of moral reasoning than the norm. Another research has been done to evaluate the certain traits that entrepreneurs possess that may have affected them to go toward Again‚ a number
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ENTREPRENUERSHIP According to Webster’s‚ an entrepreneur is someone who runs a business at his or her own financial risk An entrepreneur is a person who undertakes the creation of an enterprise or business that has the chance of profit (or success). What Makes Someone an Entrepreneur? Who can become an entrepreneur? Compiled and presented by: Mr. Jamal I. Juma Introduction…. There is no one complete profile. Successful entrepreneurs come in various ages‚ income levels‚ gender
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a new business‚ Rwanda ranked 11th worldwide. You can see and even smell the signs of Rwanda’s business revolution at Costco‚ one of the retail world’s most demanding trade customers‚ where pungent coffee grown by the nation’s small farmer-entrepreneurs is stocked on the shelves. And in Rwanda itself the evidence is dramatic—per capita GDP has almost quadrupled since 1995. [pic] Rwanda: From Genocide to Costco’s Shelves This is the kind of change entrepreneurship can bring to a country.
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usage[edit] First used in 1723‚ today the term entrepreneur implies qualities of leadership‚ initiative and innovation in manufacturing‚ delivery‚ and/or services. Economist Robert Reich has called team-building‚ leadership and management ability essential qualities for the entrepreneur.[5] The successful companies of the future‚ he has said‚ will be those that offer a new model for working relationships based on collaboration and mutual value.[6] The entrepreneur is a factor in microeconomics‚ and the
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