What is Entrepreneurship? Posted by Amitabh Shukla on June 30, 2009 in Entrepreneurship What is Entrepreneurship?: An entrepreneur is an person who owns a firm, dividing line, or venture, and is responsible for its development. Entrepreneurship is the practice of starting a young business or reviving an existing business, in order to capitalize on modern found opportunities. Generally, entrepreneurship is a tough proposition as a good count of the advanced businesses fail to take off. Entrepreneurial activities differ fix on the type of business they ar involved in. It is in any case true that entrepreneurial ventures create a number of new job opportunities. A large number of entrepreneurial projects trial into for venture capital or angel funding for their spring firms in order to finance their capital requirements. Besides, government agencies and both(prenominal) NGOs in addition finance entrepreneurial ventures. Entrepreneurship is often associated wi th uncertainty, particularly when it involves creating something new for which thither is no existing market. Even if there is a market, it may not translate into a huge business chance for the entrepreneur. A major aspect in entrepreneurship is that entrepreneurs hatch opportunities irrespective of the resources they have access to.
Entrepreneurship involves be resourceful and incuring ship canal to obtain the resources required to achieve the set objectives. cap is wholeness such resource. Entrepreneurs regard to think out-of-the-box to improve their chances of obtaining what they need to succeed. agre e to management experts, vast majority of en! trepreneurs desire to be in control of their own life and they cant find this beyond entrepreneurship. Studies have demonstrated that people elicit enceinte satisfaction from their entrepreneurial work. A number of entrepreneurs are of the doctrine that managing their own business offers far greater security measures than being an employee elsewhere. They feel entrepreneurship enables them to acquire...If you want to get a full(a) essay, order it on our website: OrderCustomPaper.com
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