Define The Term Entrepreneur
| The term ‘Entrepreneur’ is used for a person who possesses a new idea, venture, or an enterprise and is ready to take up vital responsibility of the outcome and the inherent risks involved. The first structured definition for the term was provided by Richard Cantillon, a renowned economist from Ireland, in 1755 in one of his famous works titled “Essai sur la Nature du Commerce en”.More...
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Business Consulting For International Entrepreneurs
Providing business consultation to international entrepreneurs has emerged as a highly rewarding career over the past few years. Entrepreneurs who start international ventures often look for expert advice and consultation from experienced professionals. This is where the role of business consultants comes into play.More...
Entrepreneurship And Innovation
Innovation is mainly about having a different viewpoint than all other people and the determination to execute it. In fact, all entrepreneurs are innovative. Peter Drucker has rightly said that ‘innovation is the specific tool that entrepreneurs use to increase their capacity to create wealth.’ They have some exceptional qualities that motivate them to do something new, unusual and better. Some of them even take failures as a chance to strive harder. So, entrepreneurship and innovation are indispensable to make the world better. More...
Factors Influencing Entrepreneurship
The main factors influencing entrepreneurship are cultural, political and economic atmosphere; accessibility to resources; and the expertise and mind-set of the entrepreneur. Let us see how these factors influence entrepreneurship.More...
Famous Entrepreneurs
The 2 most desirable things in today’s world are power and money. All famous entrepreneurs faced every challenge and confronted all difficulties to become successful and rich. Their stories are very inspiring. They generate a lot of money, give jobs to millions of people and live a luxurious and liberal life.More...
Guerrilla Marketing For Entrepreneurs
Guerrilla marketing, a highly beneficial tool for entrepreneurs, is not only interactive, but also unconventional and unexpected. It uses exceptional ideas of marketing to minimize costs and maximize returns as far as possible. It is very much similar to any other public relation stunt often used by the companies or the entrepreneurs to market their products or services.More...
Myth In Entrepreneurship
The myths prevalent in the world of enterprise may hamper a new entrepreneur’s prospects of great achievement. The entrepreneurship is full of many myths and believing them can be very harmful for any venture.More...
Social Entrepreneurship History
Social entrepreneurship is related to social issues. A social entrepreneur takes a social cause in his hands and tries to bring about a change in society by using his entrepreneurial skills. He concentrates on producing social resources, while a business capitalist generally deals with money matters. The main objective of social enterprise is to promote social and ecological aims.More...
Young Business Entrepreneur
Nowadays, more and more young men and women are getting inclined towards entrepreneurship. Gone are the days when management students used to take up class assignments and college papers with casual indifference. Interestingly, in the past few years, many American business students have set examples for all other young minds to start thinking innovatively by setting up their own ventures, amazingly sophisticated ones.More...
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