Entrepreneur

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An Entrepreneur is a business owner that is a business creator who initiates and develops new business ventures.

References

2023a

  • (ChatGPT-OpenAI, 2023) ⇒ https://chat.openai.com/chat Retrieved:2023-4-9.
    • Q: What is an Entrepreneur?
    • A: An entrepreneur is a person who creates, manages, and runs a business venture or enterprise, typically with the goal of making a profit. Entrepreneurs are characterized by their willingness to take risks, their ability to identify opportunities, their vision for the future, and their determination to succeed. They are often innovative, creative, and have a strong drive to turn their ideas into reality.

      Entrepreneurs may start a business from scratch, acquire an existing business, or become a franchisee. They are responsible for all aspects of the business, including planning, financing, marketing, and management. Entrepreneurs often work long hours and take on significant financial risk, but they can also reap great rewards if their business is successful.

2023b

  • (Wikipedia, 2023) ⇒ https://en.wikipedia.org/wiki/Entrepreneurship Retrieved:2023-4-9.
    • Entrepreneurship is the creation or extraction of economic value. [1] With this definition, entrepreneurship is viewed as change, generally entailing risk beyond what is normally encountered in starting a business, which may include other values than simply economic ones.

      An entrepreneur is an individual who creates and/or invests in one or more businesses, bearing most of the risks and enjoying most of the rewards. The process of setting up a business is known as "entrepreneurship". The entrepreneur is commonly seen as an innovator, a source of new ideas, goods, services, and business/or procedures.

      More narrow definitions have described entrepreneurship as the process of designing, launching and running a new business, which is often similar to a small business, or as the "capacity and willingness to develop, organize and manage a business venture along with any of its risks to make a profit."[2] The people who create these businesses are often referred to as "entrepreneurs". [3] While definitions of entrepreneurship typically focus on the launching and running of businesses, due to the high risks involved in launching a start-up, a significant proportion of start-up businesses have to close due to "lack of funding, bad business decisions, government policies, an economic crisis, lack of market demand, or a combination of all of these."

      In the field of economics, the term entrepreneur is used for an entity which has the ability to translate inventions or technologies into products and services. In this sense, entrepreneurship describes activities on the part of both established firms and new businesses.

  1. ↑ Diochon, Monica; Anderson, Alistair R. (1 March 2011). “Ambivalence and ambiguity in social enterprise; narratives about values in reconciling purpose and practices". International Entrepreneurship and Management Journal. 7 (1): 93–109. doi:10.1007/s11365-010-0161-0. hdl:10059/613. ISSN 1555-1938. S2CID 144081539
  2. ↑ "Business Dictionary definitionyuuggtygn". Business Dictionary. Archived from the original on 16 November 2018. Retrieved 21 January 2016.
  3. ↑ Katila, Riitta; Chen, Eric L.; Piezunka, Henning (7 June 2012). "All the right moves: How entrepreneurial firms compete effectively" (PDF). Strategic Entrepreneurship JNL. 6 (2): 116–132. doi:10.1002/sej.1130. Retrieved 18 May 2017.

2015

2013

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