1. #1
    Unregistered

    What is meant by the term entrepreneur?

    What is meant by the term entrepreneur?
    thank you.





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  3. #2
    siddjain93
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    Re: What is meant by the term entrepreneur?

    The entrepreneur is a person who organizes and operates a business by taking more financial risks in order to do so and those who exercises initiative by organizing a venture to take benefit of an opportunity and, as the decision maker, decides what, how, and how much of a good or service will be produced.




  4. #3
    VEENAMBRUTHA
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    Re: What is meant by the term entrepreneur?

    Quote Originally Posted by Unregistered View Post
    What is meant by the term entrepreneur?
    thank you.


    My dear friend,,

    An individual who generates business activity. A businessman or businesswoman. Often associated with one who takes business risks is called as Entrepreneur.

    Entrepreneurs play a key role in any economy.

    These are the people who have the skills and initiative necessary to take good new ideas to market and make the right decisions to make the idea profitable.

    The reward for the risks taken is the potential economic profits the entrepreneur could earn.


    Examples:

    :::::::::::::::::::::: Businesses owned by entrepreneurs include:::::::::::::::::::::::

    • Auto dealerships

    • Restaurants

    • Retail stores

    • Wholesale distributing companies




    good luck !!!!!!!!!!!

  5. #4
    oh my friend
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    Re: What is meant by the term entrepreneur?

    Quote Originally Posted by Unregistered View Post
    What is meant by the term entrepreneur?
    thank you.
    Hello friend...



    -->The word 'entrepreneur' has been taken from the French language, where it cradled originally meant to designate an organiser of musical or other entertainments.

    -->In the early 16th century, it was applied to those who were engaged in military expeditions. The role industrialization in the 17th century brought the importance of entrepreneurs as a separate factor and a contributor for the production.

    -->It was also extended to cover civil engineering activities such as construction and fortification during this century.

    -->The industrial revolution gave a special status to the entrepreneur. He was also recognized as the key element generating investment opportunities for new industries.

    -->The word 'entrepreneur' was used icier to economic aspects during early 18th century.

    --> In this way, the evolution of the concept of entrepreneur evolved over more than four centuries, have undergone drastic changes. Yet the concept is not clear.

    --> It is used in various ways and for various views. It is influenced by

    *sociological

    * political

    * psychological

    *ethical

    *religious

    *cultural values.

    Views are classified as:-

    **risk-bearer

    ** organiser

    **innovator

    ==>The various definition starting to till date by eminent economists and entrepreneurs are given below.

    Definition of an Entrepreneur

    -->The term 'entrepreneur' has been defined in a variety of ways as it is an elusive concept ill cannot be defined precisely. A few important and relevant definitions of the term are given below.

    *(1) The American Heritage Dictionary defines an entrepreneur as a "person who anises, operates and assumes the risk for a business venture".

    *(2) The Oxford English Dictionary defines entrepreneur as "one who undertakes an enterprise, especially a contractor acting as intermediary between capital and labour".

    *(3) The new Encyclopedia Britannica considers an entrepreneur as "an individual who bears the risk of operating a business in the face of uncertainty about the future conditions."

    *(4) Jules Backman mentions that "basically, the entrepreneur sees a need and then brings together the manpower, material and capital required to meet that need".


    -->I think now you got an idea about entrepreneur


    All the best...
    .

  6. #5
    aashisranjan784
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    Re: What is meant by the term entrepreneur?

    hi friend

    ----the term entrepreneur means an enterprising individual who builds capital through his own risk or initiative.

    -------The term was originally a loanword from French and was first defined by the Irish-French economist Richard Cantillon.

    ------- Entrepreneur in english is a term applied to a person who is willing to help launch a new venture or enterprise and accept full responsibility for the outcome. Jean-Baptiste Say, a French economist, is believed to have coined the word "entrepreneur" in the 19th century - he defined an entrepreneur as "one who undertakes an enterprise.

    1.types of entrepreneur:

    1--- Social entrepreneur
    2--- Serial entrepreneur
    3 ---Lifestyle entrepreneur
    4 ----Cooperative entrepreneur
    5 ----Theory-based Typologies

    names of entrepreneur of different centuries:


    18th century entrepreneurs

    Samuel Crompton (Spinning Mule), UK
    Thomas Newcomen (Steam Engine), UK
    James Watt (Steam Engine), UK
    Robert Lee (Candy Maker), USA

    19th century entrepreneurs

    Sam M. Walton (Retail), USA
    John Jacob Astor (Real estate), New York, USA
    Andrew Carnegie (Steel), Pittsburgh, USA
    James Buchanan Duke (Tobacco), Durham, North Carolina, USA
    Charles T. Hinde (shipping), (railroad), (hotels), California, Illinois, Indiana, Kentucky
    J. P. Morgan (Finance), New York, USA
    John D. Rockefeller (Oil), USA
    Leland Stanford (Railroads), California, USA
    Joseph Seligman (Banking), USA
    Cornelius Vanderbilt (Railroads), USA

    20th century entrepreneurs

    Oprah Winfrey (Entertainment), USA
    Steve Jobs (Computers), USA
    Coco Chanel (Fashion), France
    Otto Beisheim (Retail), Germany
    Madam C.J. Walker (Retail, Philanthropy), USA
    Sir Richard Branson (Media and Transportation), UK
    Larry Ellison (Computers), USA
    Bill Gates (Computers), Seattle, USA
    Carlos Slim (Telecommunications), Mexico
    Anita Roddick (Retail), UK
    Ingvar Kamprad (Retail), Sweden
    Henry Hu (Technology), Hong Kong
    Mary Kay Ash (Cosmetics), USA
    Henry Ford (automobile, manufacturing) USA
    Dhirubhai Ambani (Reliance industries,Various) India
    Estée Lauder (Cosmetics), USA

    21st century entrepreneurs

    Mark Zuckerberg (Internet), USA
    Wu Yajun (Property developer), China
    Drew Houston (Internet), USA
    Jack Dorsey (Internet), USA
    Kevin Rose (Internet), USA
    Jan Cameron (Retail), Australia
    Larry Page & Sergey Brin (Internet), USA
    Elon Musk (Internet, Space, Energy), USA
    David Karp (Internet), USA
    Steve Huffman & Alexis Ohanian (Internet), USA
    Sara Blakely (Retail), USA


    hope the information will turn beneficial to you.

    all the best.

    aashisranjan784

  7. #6
    pabolu manikanta
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    Thumbs up Re: What is meant by the term entrepreneur?

    Hello Friend

    An Entrepreneur is an Enterprising individual who builds the capital through initiative. Different Economists differently expressed the meaning of the entrepreneur, but actually the term was first defined by the French Economist "Richard Cantillon" .

    In English entrepreneur is defined as "Person who is willing to help launch a new venture or enterprise and accept full responsibility for the outcome".

    Jean Baptiste say entrepreneur as "one who undertakes an enterprise, especially a contractor, acting as intermediatory between Capital and Labour".

    So the entrepreneur leads the organization and also demonstrates leadership qualities and having strong team building abilities are essential leadership attributes successful entrepreneur's.

    There are different types of entrepreneur's :

    1. Social entrepreneur :

    The main role of the social entrepreneur is to improve goods and services offered to the community and make better service improving the community as a whole and are predominately run as non profit schemes.

    2. Serial entrepreneur :

    He is the one who always come up with new and innovative ideas to start a new business to achieve the goal.

    3. Lifestyle entrepreneur :

    The Lifestyle entrepreneur before launching a business he combines the personal interests with the ability to earn living, common goals the lifestyle entrepreneur doing that achieving good work life, owing a business without share holders etc.

    4. Cooperative entrepreneur
    :

    He does not work alone but made contracts with other firms to complete the projects taken and success in the completion.

    So like this there are different fields to be a good entrepreneur and you have must good business skills so that you will achieve your goal.

    Dude for any further information you can leave your message here.

    Regards.

  8. #7
    shiva636
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    Re: What is meant by the term entrepreneur?

    Hello Friend,



    Entrepreneur means a person who takes on the risks of starting a new business.

    Entrepreneur in English is a term applied to a person who is willing to help launch a new venture or enterprise and accept full responsibility for the outcome.

    An entrepreneur is an enterprising individual who builds capital through risk and/or initiative.The term was originally a loanword from French .

    Types Of Entrepreneurs:

    *Serial entrepreneur

    *Lifestyle entrepreneur

    *Cooperative entrepreneur

    *Theory-based Typologies


    Serial entrepreneur:


    A serial entrepreneur is one who continuously comes up with new ideas and starts new businesses.In the media, the serial entrepreneur is represented as possessing a higher propensity for risk, innovation and achievement.

    Lifestyle entrepreneur:


    A lifestyle entrepreneur places passion before profit when launching a business in order to combine personal interests and talent with the ability to earn a living.

    Cooperative entrepreneur

    A cooperative entrepreneur doesn't just work alone, but rather collaborates with other cooperative entrepreneurs to develop projects, particularly cooperative projects. Each cooperative entrepreneur might bring different skill sets to the table, but collectively they share in the risk and success of the venture.

    Theory-based Typologies:


    Recent advances in entrepreneurship research indicate that the differences in entrepreneurs and heterogeneity in their behaviors and actions can be traced back to their the founder's identity.

    Businesses Owned By Entrepreneurs Includes:


    >>Auto dealerships

    >>Restaurants

    >>Retail stores

    >>Wholesale distributing companies


    All The Best...

  9. #8
    S I
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    Re: What is meant by the term entrepreneur?

    An enterprising individual who builds capital through risk or initiative is called Entrepreneur. It is a term applied to a person who is willing to launch a new venture or enterprise and accept full responsibility for the outcome.

  10. #9
    seemareddy
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    Re: What is meant by the term entrepreneur?

    hiii
    enterprenuer is the indivudaul builts the capital through risk.this is defined in the irish-fernch.the enterprenur is the person who will start the new ventur and he invests thew capital and who is ready for the out come of the result.the enterprenuer is the leader of the firm and he have to lead the organisation and should haveal lthye leadership qualities.they get the oppurtunities that is they grab the oppurtunities and help in the develpment of the firm.in case of any risk heshould handle the situtation and lead the firm,he should posses the qualities of innovative thinkiing and also the creative mind.there are different types of enterprenurs
    1.social enterprenuer
    2.lifestyle ent erprenuer
    3.cooperative enterprenur

  11. #10
    bichapoda
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    Re: What is meant by the term entrepreneur?




    Entrepreneur is someone who exercises initiative by organizing a venture to take benefit of an opportunity and, as the decision maker, decides what, how, and how much of a good or service will be produced.

    An entrepreneur supplies risk capital as a risk taker, and monitors and controls the business activities.

    The entrepreneur is usually a sole proprietor, a partner, or the one who owns the majority of shares in an incorporated venture.

    According to economist Joseph Alois Schumpeter (1883-1950), entrepreneurs are not necessarily motivated by profit but regard it as a standard for measuring achievement or success.

    Schumpeter discovered that they :-

    (1) greatly value self-reliance,

    (2) strive for distinction through excellence,

    (3) are highly optimistic (otherwise nothing would be undertaken), and

    (4) always favor challenges of medium risk (neither too easy, nor ruinous)
    .

  12. #11
    mango
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    Re: What is meant by the term entrepreneur?

    The entrepreneur is a person who organizes and operates a business by taking more financial risks in order to do so and those who exercises initiative by organizing a venture to take benefit of an opportunity and, as the decision maker, decides what, how, and how much of a good or service will be produced.

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