What is Entrepreneurship
These 4 Entrepreneurship Definitions Will Provide You an In-depth Knowledge and Understanding on Entrepreneurship.
In the previous article, we have discussed what is an Entrepreneur and various definitions about entrepreneurs. If you’ve missed then it is highly recommended to follow the previous article then continue with this one, this is how you can get real benefits of step by step entrepreneurial intelligence articles series on Medium.
An Entrepreneur is an agent of change — Hoppreneur
What is Entrepreneurship
Entrepreneurship is a study of how to creating a new business and the process of starting a new business from any specific idea. A real entrepreneurial spirit is all about innovation and risk-taking with available sources.
Entrepreneurship will be a process where you find ideas, own your idea and craft services related to that idea and sell to people so they can buy and you can make a profit from that During the above-mentioned process, you’ll have different kinds of challenges and risks and you will fight and face them with your entrepreneurial spirit for success — That’s real entrepreneurship all about.
Entrepreneurship Definitions
As the word Entrepreneur and Entrepreneurship is very common these days and everyone talks and it looks that entrepreneurship is a simple word to understand but the real meaning and definition is something different than what we have heard so far. Here we will be discussing four important Entrepreneurship definitions to understand what it really means to modern-day entrepreneurship.
“Entrepreneurship is a desire to start a new business with an innovative idea within limited sources. It is a process of brainstorming an innovative idea, developing the idea and marketing that idea for the sake of profit”
“Entrepreneurship is a process in which an individual or a small group of like-minded people start an innovative commercial activity for profit Entrepreneurship is a process of finding opportunities, execution of activities and then marketing for the sake of success”
Conclusion
In the above definitions, we have discussed the word limited resources more often because an entrepreneur is one who often has limited resources but the idea developed by an entrepreneur is, in most of the cases very innovative. Hence an entrepreneur will use his entrepreneurial motivation, intelligence, and skill with limited resources to come out one day with a successful venture — a startup company.
Entreprenureship is process of Change — Hoppreneur
