Introduction of Enterpreunship
What is Enterpreunship? ď‚— Entrepreneur is a person who organize and managing the
business undertaking the risk form sake of the profit. And any person who start and operate the business is called as entrepreneur.
Characteristics of Entrepreneurs Desire for responsibility High level of energy Skills Confidence Risk Future orientation
Function of Entrepreneurs Innovating Risk Taking Build commitment Managing finance Upgrading the process and product Taking business decisions
Benefits of Entrepreneurship Community understanding Orientation change Decision making skill Individual personal growth Expend the creative thinking
Advantages of Enterpreunship Reduce the risk Promote the balanced regional and large scale employment Independence Improving the standard of living
Importance of Enterpreunship Creation of organizing Economic development Development the managerial capabilities
Types of Enterpreunship Innovative entrepreneur Imitating entrepreneur Fabian entrepreneur Drone entrepreneur Social entrepreneur
Innovative entrepreneur ď‚— In this type the entrepreneur is basically an innovator who
tries to develop the new technology, product and market etc. The innovation are includes the new things and doing existing things differently.
Imitating entrepreneur ď‚— In this type, these entrepreneur are people who follow the
path shown by the innovative entrepreneurs. In this imitative entrepreneur because the environment in which they operate them to have creative and innovative the ideas.
Social entrepreneur ď‚— The last and important types of the entrepreneur because
they are includes the some social innovation and transformation in the various field such as: education, health, human rights and enterprise development.
For Example: ď‚— Carrie Wharton Priest is a successful businessman who
will provide the help how to become a good entrepreneur who lives in New Jersey.