The Accidental Entrepreneurs
Entrepreneurs except the people who shift resources economically out of areas that are of lowell usage in 2 areas that are of high usage and productivity to produce greater yield.
This has been for a very long time about 200 years ago what you see in recent times, entrepreneurs are often known as people who start their own business most especially from small scale businesses.
Come to think about it, are every new small business entrepreneurial? Facts that you can make or start a new business does that makes you an enterpreneur? What do you say about a person who start selling soap because I another person beside him is selling soap and is making profit, is the person an entrepreneur?
The world enterprenuership cannot be overstressed. Is it take a very good look at entrepreneurial businesses we could see that mcdonalds is entrepreneurship. Although, McDonald did not do anything new, but their management techniques and concepts was different.
Entrepreneurship can be seen as different things for example the englishman identify intrapreneurship with new, small, startup, businesses, why ijahman fees intreprenuership as the ability to own power and property.
Who do you regard to as entrepreneurs? Entrepreneurs are people who can start up something unique and distinct or something that has an existing before booting a new form I didnt a little war or knowledge and creativity. Also having the ability to make decisions even in tough times. these people are regarded as entrepreneurs.
Is entrepreneurship a risky game?
Entrepreneurship is some how risky or let me call it risky mainly because the entrepreneurs do not know what they are doing.
Entrepreneurs suffer because they violate important and basic rules elementary instructions, they do not use the right methodology.
what do entrepreneurs do
Entrepreneurs are innovators. Innovation is one of the major key for entrepreneurship as entrepreneurs are meant to be innovative having the capacity to think deep and wide.
This is an example of being innovative
Penicillin, was known to be a pest. Bacteriologist had been learning how to culture that microorganisms without being contaminated. doing their research alexander fleming realised the bacteria penicillin was the bacteria that could fight against other bacteria. And thats browsing too the process of producing a penicillin drug which is now a treatment. Fleming became an entrepreneur at the moment.