To be an

Entrepreneur
Entrepreneur definitions
Richard Cantillon: “The person paying a certain
price to sell a product to an uncertain price,
therefore making decisions about obtaining
and using resources, consequently admitting
the risk in entrepreneurship”.

Jean-Baptiste Say: “An entrepreneur shifts

economic resources out of an area of lower
status and into an area of higher productivity
and greater yield.
Entrepreneurship is the special collection of skills
possessed by an entrepreneur . They include a
propensity to take risks over and above the
normal, and desire to create wealth.
Entrepreneur definitions
Schumpeter:
An entrepreneur is willing and able to
convert a new idea or invention into
a successful innovation.
Innovation:
 New products
 New production methods
 New markets
 New forms of organization
Entrepreneurship definitions
Albert Shapero:
The formation of campanies is the end
result of a very special human action
and the start of another action.

Howard Stevenson:
An Entrepeneur is a person who pursuits
opportunities without regard to
resources currently controlled.
Michael Gerber:
Entrepreneurs invent businesses that work
without them.
The entrepreneur is liberated from the
“tyranny of routine”
True entrepreneurs are never sole
proprietors.
 PeterDrucker: ”It’s not magic, it’s not
mysterious and it has nothing to do with
genes. It’s a dicipline and like any
discipline it can be learned.”
 Entrepreneurship
A function which
involves the exploitation
of opportunities which
exist within a market
Entrepreneurs’
characteristics,
competencies, attitudes and
aptitudes
Vocabulary
 Characteristic:A typical or
noticeable quality of someone or
something.
 Competency: An important skill that is
needed to do a job.
 Attitude: A way of thinking or doing.
 Aptitude: A talent or ability.
Characteristics
 Create social value
 Enourmous capacity to acknowledge
and search for opportunities
 Immerse in a continuous process of
innovation, adaptation and learning
 Audacious, not being limited by the
resources they have available
 High degree of responsibility at the
moment of judging themselves
Personal Competencies
 Initiative
 Creativityand innovation
 Open to change
 Decision-making
 Problem-solver
 Tolerance to risk and uncertainty
 Learning capacity
 Time management
Inter-personal competencies
 Communication
 Collaborative
 Leadership
 Networking
 Negotiation
Technical competencies
 Relatedto the correct development of
technical tasks and specific professional
functions
Business competencies
 Strategic vision
 Client-oriented
 Goal-oriented
 Planning and organization
 Quality administration
 Resources administration
Attitudes
 Open to change
 Enthusiasm
 Knowledge in different areas
 Finish tasks
Aptitudes
 Multilingual,
intercultural experience,
environmentally-friendly
Sources of information
 www.jamming.com
 http://dictionary.cambridge.org
 AGUILAR Sanders T, Recaman Mejía A.
(2013) INNOVACIÓN, EMPRENDIMIENTO Y
SUSTENTABILIDAD México: De la Salle
Ediciones.