So, who exactly is an entrepreneur, what are the characteristics of an entrepreneur?... well Wikipedia suggests, "An entrepreneur is a person who has possession of a new organization, venture or notion and assumes substantial accountability for the inherent pitfalls and the result"... umm... okay but I would fairly say, that an excellent entrepreneur is a particular person who guides a manpower in order to implement an notion(will not matter if it really is his or of an individual else and regardless of whether it is new or outdated) to satisfy these who need to have the rewards developed by it, which outcomes in monetary results or earnings.
So the simple qualities or qualities of an entrepreneur would be:
- He or she should have an Concept (once more, irrespective of who at first thought of it and regardless of whether it is new or old).
- He or she must have the motivation/urge to pursue or implement the notion.
- He or she ought to have obtain to manpower or to the potential to make manpower accessible to him (advertising skills apply below).
- He or she should be a good leader.
But then, there are other sorts of men and women as well who have some or a lot of of the previously mentioned described characteristics but we do not get in touch with them Entrepreneur. A great instance of these kinds of an specific could be a scientist. Scientists do have suggestions or, in other words, they can really generate tips. They are definitely enthusiastic or inspired about pursuing their ideas and no doubt, they are great leaders as nicely and they, for confident have access to at least nominal manpower (No, most scientists will not operate in solitude as shown in films like Robin Williams' Flubber or Frankenstein, they have at the very least 2-ten folks operating underneath them as junior researchers). But then why never we call a scientist an entrepreneur as effectively? Is he an exception to the above definition?... foods for thought huh?
And how about a dictator? He has his personal or borrowed ideas, He desires to implement them, he has obtain to male electricity, can manual them really properly... in reality, they will do practically everything he would like. So, does that indicate, a dictator is an entrepreneur or, an entrepreneur is a dictator!!
Dee Byrd is a personal computer engineer. Leon Siebel has been Complex Position of Make contact with for govt contracts really worth in excess of one particular million dollars. Dee Byrd discusses problems this kind of as cash administration Data Technology and travel to name a few. He is neither a fiscal adviser nor do he desires to be. He does not have all of the responses, but he is ready to research and locate out the possible remedies to issues he feels we as widespread individuals confront.