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Definition of an Entrepreneur

Added by
NSCC NSCC
Jun 19, 2014 14:35 EDT

Description

Essentially, an entrepreneur is a person who starts a new business venture.

However, we tend to think of entrepreneurs as people who have a talent for seeing opportunities and the abilities to develop those opportunities into profit-making businesses.

Are entrepreneurs born or made? The debate still rages, but the current consensus is that successful entrepreneurs share a constellation of personality traits. In other words, some people are naturally more entrepreneurial than others.

A common misperception about entrepreneurs is that entrepreneurs are wild risk-takers. Entrepreneurs do take risks, but only calculated ones. One of the abiliities successful entrepreneurs share is the ability to evaluate risks.

If you're wondering whether or not you have what it takes to be an entrepreneur, you'll find more links to more information about entrepreneurial traits in the sidebar. But remember, you don't need to have all the traits associated with entrepreneurship to be a successful entrepreneur. The main quality you need is a determination to make your business venture succeed. The rest of the qualities necessary to being a successful entrepreneur you can learn.

Related Files

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Details

Definition of an Entrepreneur
By Susan Ward
About.Com
Small Business Info Canada

Relevant Subject and Topic
What is entrepreneurship?

Types
Reference

Features
Educational, For Individuals, Informative, Inspirational, Not Interactive, Text

Format
Webpage

Copyright Owner
Susan Ward, About.Com, Small Business Info Canada website

Most Suitable For Use By
Entrepreneurs, Facilitators, Instructors, Learners

Age Appropriateness
Adult(19+)
Youth(12-18)

Grade Appropriateness
High School, Postsecondary, Adult General, Professional

Geographic Suitability
All or Non-Specific

Language
English

Version History

Date Edited
Notes
Jun 19, 2014 14:35 EDT
edited subject & topic
Dec 20, 2012 11:58 EDT
moved