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An entrepreneur is a person who starts an enterprise. He searches for change and responds to it..

Still others feel that entrepreneurs are innovators who come up with new ideas for products,
markets or techniques.

To put it very simply an entrepreneur is someone who perceives opportunity, organizes resources
needed for exploiting that opportunity and exploits it. Computers, mobile phones,washing
machines, ATMs, Credit Cards, Courier Service, and Ready to eat Foods are all examples of
entrepreneurial ideas that got converted into products or services.

An entrepreneur is a person who begins and maintains a business(entreprise) with restricted


assets and arrangements, and is in charge of the considerable number of dangers and prizes of his
or her business adventure. The process of planning a business is what is referred to as
entrepreneurship .According to Say (2012) said “Entrepreneurship is a process. It is not a
combination of some stray incidents. It is the purposeful and organized search for change,
conducted after systematic analysis of opportunities in line with society demands.

Drucker(2001) highlights that “Entrepreneurship is the attitude of a mind to seek opportunities,


take calculated risks and derive benefits by setting up a venture it comprises of numerous
activities involved in conception, creation and running an enterprise.

Entrepreneur is a person who starts an enterprise. The process of creation is called


entrepreneurship. The entrepreneur is the actor and entrepreneurship is the act. The out come of
the actor and the act is called the enterprise. An enterprise is the business organization that is
formed and which provides goods and services, creates jobs, contributes to national income,
exports and over all economic development.

An Entrepreneur refers to a person who organises, manages and operates multiple businesses
with different goals and takes financial risks also ,for an entrepreneur to organize and manage an
entreprise very well he/she has to embark on entrepreneurship which is the process of starting,
executing the enterprise activities in the business.on top of that Entrepreneurs posses
Entrepreneur Ideas, for example an entrepreneur can build on an entreprise such as App creator
which comprises of chatbots, social media apps like of Mark Zuckerberg who created several
products before building Facebook. He created an instant messaging tool that his father used in
his dentistry practice to communicate with his receptionist. Zuckerberg also created music
software that Microsoft were interested in buying even though he was only a teenager. Within
the year he first founded Facebook.

An entrepreneur searches for change, responds to it and this change should come with
innovation. According to Kilby(1999) said “Innovation is a specific tool for any entrepreneur and
it enhances the effectiveness of an entreprise as it converts a source into a resource”.

There is clear link between an Entrepreneur, an entrepreneurship and an enterprise, Basically an


entrepreneur is a person responsible for setting up a business which is an enterprise and he/she
has the initiative ,ideas , skills to start an enterprise which is the entrepreneurship. According
Chrisman (1999)said “ Trading goods is not an entrepreneurship, but manufacturing the
goods/products with an innovative idea, obtaining the rights to market and sell the
products/goods is said as entrepreneurship”.

Entrepreneurship involves an entrepreneur who takes action to make a change in the world.
Whether startup entrepreneurs solve a problem that many struggle with each day, bring people
together in a way no one has before, or build something that advances society, they all have one
thing in common which is risk taking. According to Molaro(2014) said “ Entrepreneurship
means being the one that is willing to take a leap, work hard enough to sacrifice everything else
around you, all in the name of solving problems because no one else is capable or possesses the
desire”.

Entrepreneurs are risk-takers, risk taking and entrepreneurship go hand in hand. Entrepreneurs
do not apply for any enterprise , they create them. With that comes risk. Whether it’s the
financial risk of starting the first brand or the risk from not knowing what to expect, business is
risky. Entrepreneurs are often taking risks by trying things an average person will not do.
Conclusion

In this article, you learned what is entrepreneurship, what is an entrepreneur, discovered the
entrepreneur definition from first-hand accounts from popular startup entrepreneurs. We hope
that you’ve learned what the meaning of entrepreneurship is for some of the entrepreneurs out
there. If this article will show you anything, let it show you that many entrepreneurs care about a
cause so intensely that they build an empire to solve some of the toughest problems. If you’re
looking to make your mark on the world, solve a big problem or advance society, consider
entrepreneurship. You could just be the person to change the world. All it takes is taking your
best entrepreneur ideas and acting on them.

“A person who sees a problem is a human being; a person who finds a solution is visionary; and
the person who goes out and does something about it is an entrepreneur.” – Naveen Jain
entrepreneur quotes

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