Thursday, June 09, 2011

What is Entrepreneurship?

Entrepreneurship is the act of being an entrepreneur. Entrepreneur is actually a French word and which translates roughly as it is "enterpriser". It means"one who undertakes innovations finance and business acumen in an effort to transform innovations into economic goods". An entrepreneur is an individual who owns a firm, business, or venture, and is responsible for its development. Entrepreneurship is the practice of starting a new business or reviving an existing business, in order to capitalize on new found opportunities.

Entrepreneurs are a different set of people. They often see things that others fail to notice. They endeavor to bring about change and foster growth. They believe in themselves. Entrepreneurship propels them to strive and move forward, to get to where they want to be.