Wednesday 11 March 2020

Who Is An Entrepreneur?


According to Wikipedia, an entrepreneur is an individual who organizes or operates a business or businesses. But If you ask me who an entrepreneur is my answer would be that an entrepreneur is a person who sets up business or businesses, identifies and solves problems, creative, innovative, opportunist, risk-taker, self-starter and open-minded with the hope of making a profit from the enterprise.It is derived from a french word “entreprendre” which simply means to undertake.No one is born as an entrepreneur, to become an entrepreneur one has to work really hard not only in setting up his enterprise but he has to work on some other aspects as well like on developing new skills every year , developing his personality from time to time , take risks , time management , work on his communication skills and much more ,so for one to become an entrepreneur he has to work really hard.
An entrepreneur must posses skills like he should be an good decision maker its very important to be a good decision maker in this very field as one has to take many crucial decisions along the way and many decisions are snap decisions and should be executed effectively.

He should be a good planner knowing how and when his and his company’s goals are met. A business plan takes into consideration short- and long-term corporate strategies. The basic steps in the planning process involve creating a road map that outlines each task the one must accomplish to meet its overall objectives.



Apart from this, the entrepreneur needs to have excellent organizational and people management skills as he or she has to build the organization or the venture from scratch and has to bond with his or her employees as well as vibe well with the other stakeholders to ensure success of the venture.

Further, the entrepreneur needs to be a leader who can inspire his or her employees as well as be a visionary and a person with a sense of mission as it is important that the entrepreneur motivates and drives the venture. This means that leadership, values, team building skills, and managerial abilities are the key skills and attributes that an entrepreneur needs to have.

No comments:

Post a Comment

Who Is An Entrepreneur?

According to Wikipedia, an entrepreneur is an individual who organizes or operates a business or businesses. But If you ask me who an entr...