English Dictionary (of 1897) defines the term “Entrepreneur” in similar way as the director or a manager of a public musical institution‚ one who gets-up entertainment arranged ‚ especially musical performance. Initially in the early 16th century‚ it was applied to those who were engaged in military expeditions. In 17th century. It was extended to cover civil engineering activities such as construction and fortification. Since then‚ the term “Entrepreneur” is used in various ways and various views.
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Characteristics of a Successful Entrepreneur 1. They are self-motivated Successful entrepreneurs do not need someone who holds them accountable or forces them to be efficient and productive. Unfortunately‚ without a manager‚ many people cannot take their business past the planning stages. It takes hard work to create your own business; most people need someone who forces them to keep working. Moreover‚ when people do not have someone to hold them accountable‚ they may let their work’s quality
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Becoming an Entrepreneur Reel Classics Vintage Movies Memorabilia Coordinator: Prof. Anca Mândruleanu Student: Chioibasu Cristina Series A‚ Group 112 TABLE OF CONTENTS PART I. Theoretical Support What is entrepreneurship? .................................................................... p. 2 Reasons for becoming an entrepreneur .................................................. p.2 Entrepreneurship’s importance .......................................................
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CHAPTER-1 INTRODUCTION 1.1 MEANING The classic definition of an Entrepreneur is “a person who organizes and manages a business undertaking‚ assuming the risk for the sake of the profit.” The word ’entrepreneur’ is derived from the Old French word ’entreprendre’ which was first used by the economic ’theorist’ Richard Cantillon in 1755 in an essay where he used this term to describe a person who assumed the risk of buying goods in the belief that they could sell them at a higher price at a
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Types of Entrepreneurs 1. Classic Entrepreneur. Wants to innovate‚ grow big and make a lot of money. The classic entrepreneur is not interested in starting a business to give herself a job. If you want to start a company‚ make it profitable and sell it‚ then you are a classic serial entrepreneur. The SAC Entrepreneurship and Innovation Program wants to make sure that everyone understands Classical Entrepreneurship. Most community college entrepreneur programs focus on small business
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Drive to Achieve The drive for achievements; and entrepreneur must be greatly motivated in accomplishing his/her goals or objectives. He/she should posses a psychological drive to achieve things that he/she set for him/her self as a target to take in a given time. This drive could make him/her self as a person that has a result oriented views in life. One of the entrepreneur who best described in this entrepreneurial skills is Steve Paul “ Steve” Jobs. He is best known as the co-founder‚ chairman
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resources and taking both risks and rewards associated with the venture. Entrepreneur is a person who is able to exploit an opportunity or who has a bright business idea‚ organizes it‚ puts it into action though a business venture‚ and is prepared to take financial risks. All entrepreneurs are very different from each other. They all have a different entrepreneur mindset that contributes to their success. Their entrepreneur mindset might have to do with their personality or even in the field which
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of SE and Entrepreneurship to prove that SE should be differentiated from Entrepreneurship. Entrepreneurs are one who discover change‚ respond to it‚ and exploit it (Dees‚ 1998) as opportunities for the creation of personal wealth (Sundin‚ 2011). Starting a new business is not the essence of entrepreneurship (Dees‚ 1998). Not every new business represents entrepreneurship as well as not every entrepreneur is a business owner. Since the last century‚ scholars and businesses have deliberated on whether
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answered or agreed upon. (Lazenby et al.‚ pg. 2) Issues include the definition of entrepreneurship and whether or not entrepreneurs are born or trained. In this essay the arguments involved in defining entrepreneurs will not be analysed‚ but specific attention will be given to the argument on whether or not entrepreneurs are born or trained. According to Reynolds et al. (2000) "entrepreneurs are people who have both the will (in other words‚ desire or motivation) and the skill (the ability) to project
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Social Evils in Pakistan Outline: 1) Introduction: a) Man is a social animal. b) What is evil? 2) Different types of social evils a) Adulteration in different commodities b) Smuggling c) Drug addiction 3) Spread of social evils a) Different countries are affected from social evils b) Pakistan is one of the major effected countries. 4) How they are harmful a) They are harmful to the public health. b) They are playing to lives of the peoples 5) Remedies
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