What and Who

is an Entrepreneur?
Learning Objectives:
Define what is an Entrepreneur and differentiate it
from a businessman.
Understand the different objectives and
responsibilities of an entrepreneur.
Learn how an entrepreneur becomes an
entrepreneur.
What is an Entrepreneur?
An entrepreneur is an individual who takes an idea or
product and creates a business, a process known as
entrepreneurship. Entrepreneur also refers to a person who
take responsibility in creating a sound decision that would
provide transformation in a certain kind such as profession,
ideas, and opportunity. (Hebert and Link, 1988)
Entrepreneur and Businessman
An entrepreneur is an individual having an exclusive
idea or a concept to start an enterprise and makes it into
reality. A businessman is an individual who establishes a
business with an old business idea in an existing market.
Entrepreneurs are market leaders. Businessmen are market
players.
An entrepreneur is a starter
An entrepreneur is always on the frontline, searching
and pursuing every available opportunity, they are
beginning or even the end of a business venture. They are
always on the hunt for a possible business venture that can
be created. An entrepreneur initiates changes and
innovations to replace the obsolete ones. They are always
on the top, transforming ‘flash of brilliance’ ideas into a
reality.
An entrepreneur is a driver
An entrepreneur takes the lead. A person who believes
that they need to take in charge of something to make it into
motion is an entrepreneur. Leadership is another primary
requirement to become an entrepreneur. Leadership skills
that can inspire others to follow or push others to do
something innovative or different is another vocabulary that
describes an entrepreneur.
An entrepreneur is accountable responsible
Accountability is another challenging factor in
entrepreneurship. An entrepreneur should be always
accountable for every action he or she made. Blame-game
is not found in entrepreneurship. An entrepreneur considers
every possible outcome of his or her actions. If something
went wrong from that action, it is your accountability as well
as responsibility to face employees or consumers.
Summary
Becoming an entrepreneur does not happen
overnight, it is a learning process which performs
numerous tasks that no one except yourself knows
what the ending is. It is not a simple thing that
automatically comes out of the blue. By defining or
knowing who you are, you can already answer the
question that bother everyone’s mind.
Thank you!