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Published by Joynul Abedin

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Published by: Joynul Abedin on Aug 01, 2012
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Entrepreneurship is the act of being an entrepreneur. One whoundertakes innovations, finance and business acumen in an effort to transforminnovations into economic goods. This may result in new organizations or may be part of revitalizing mature organizations in response to a perceivedopportunity. The most obvious form of entrepreneurship is that of starting new businesses.According to Paul Reynolds, "entrepreneurship scholar and creator of theGlobal".According to Joseph Schumpeter, "Entrepreneurship is associated withcreativity and innovativeness which are essential for infusing dynamism in thedevelopment of an organization. Monitor.Many kinds of organizations now exist to support would-be entrepreneursincluding specialized government agencies, business incubators, science parks, and some NGOs.Al last Entrepreneurship is not applicable only to profit making institution.For Example: Health care, the traditional hospital which appeared inVienna in the late 17005 has changed greatly.
We will define the entrepreneur as a person who tasks the risks necessaryto organize and manage a business and receives the financial profits andnonmonetary rewards. Now We can see it, and it come from Harvard Business School, of all places. It was conceived 37 years ago by HBS professor Howard Stevenson. Icame across it in the book Breakthrough Entrepreneurship (which I highlyrecommend) by entrepreneur and teacher Jon Burgstone and writer Bill Murphy,Jr. Of Stevenson's definition, Burgstone says, "people often need to say it outloud 50 or 100 times before they really understand what it means.An entrepreneur is an enterprising individual who builds capital throughrisk and initiative. Entrepreneurs exhibit many different behaviors; searching for a specific personality pattern is very difficult. Some entrepreneurs are quiet,introverted, and analytical.
Of how an entrepreneur operates is Polaroid’s Edwin land, oneday as he took pictures of his daughter, she asked impatiently why they had towait for the picture to be developed . He question sparked her dad’s imaginationLand worked, put his ideas together and developed the fir st Polaroid instantcamera. He combined his experienced with cameras and firms with his creativityto change history.Figure : Entrepreneur 
1.1 Social Entrepreneur:
SocialEntrepreneur SerialEntrepreneur LifestyleEntrepreneur CooperativeEntrepreneur 
A social entrepreneur is motivated by a desire to help, improve andtransform social, environmental, educational and economic conditions. Thesocial entrepreneur is driven by an emotional desire to address some of the bigsocial and economic conditions in the world.
For Example
: poverty and educational deprivation, rather than by thedesire for profit.Social entrepreneurs act within a market aiming to create social valuethrough the improvement of goods and services offered to the community.
1.2 Serial Entrepreneur:
A serial entrepreneur is one who continuously comes up with new ideasand starts new businesses. In the media, the serial entrepreneur is represented as possessing a higher propensity for risk, innovation and achievement.
1.3 Lifestyle Entrepreneur :
A lifestyle entrepreneur places passion before profit when launching a business in order to combine personal interests and talent with the ability to earna living. Many entrepreneurs may be primarily motivated by the intention tomake their business profitable in order to sell to shareholders.
1.4 Cooperative Entrepreneur
A cooperative entrepreneur doesn't just work alone, but rather collaborateswith other cooperative entrepreneurs to develop projects, particularlycooperative projects. Each cooperative entrepreneur might bring different skillsets to the table, but collectively they share in the risk and success of the venture.

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