Entrepreneurs As An Entrepreneur

1144 Words3 Pages

Pertaining to the Merrian-Webster dictionary an entrepreneur is defines, as one who organizes, manages, and assumes the risk of a business or enterprise. Entrepreneurship is not solely a cavalcade of ideas that, with the right preparation, can develop into a business of profit. Entrepreneurship is much more. Entrepreneurs are the innovators that take greater or normal financial risks to manifest a new idea that would turn around a product and/or service, as well as, return a profit. These innovators organize and operate this vision of business that can, and will, improve and expand our American economy.
Today entrepreneurship is an important piece that drives our American economy. Entrepreneurs are the out of the box thinkers that can improve goods and services. More so these innovators invent a …show more content…

This revenue can be used by the government to invest in other, struggling sectors and human capital can use this revenue (Seth, par. 6).” However, in order for an entrepreneur to succeed successfully there are some characteristics that is needed to proceed to make a carbon foot step in the American economy. To accomplish establishing a bevy of good quality personal characteristics, as an industrialist, in this economy does not start with just an idea, but also includes other factors. Innovators must embrace their own ideas with 100% commitment leading with a positive mindset and following through with the drive to see said ideas become successful. One must enjoy what they are doing and have that endless strive to make it happen with clear goals in mind. There are basic elements that will be taken from the creator such as self-investment, people skills and opportunities to improve to name a few. Before one becomes an entrepreneur, one must start as a creator and invest in oneself. Having enough funding to create a business is vital and must be planned accordingly. Without a solid financial plan the business would

Open Document