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                      Entrepreneurship – Who Is An Entrepreneur?

                      Alex Hales by Alex Hales
                      October 17, 2022
                      in Digital Marketing
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                      I have noticed that business has been around for many years, and many people do not know how to define what an entrepreneur is. This is because there is a difference of opinion about whether entrepreneurs are born or made. After all, are entrepreneurs born or made? I am afraid that if we start this discussion, we may not reach a conclusion.

                      Why is there no international agreement on whether entrepreneurs are born or made? Entrepreneurs are born early because there are some people who come up with new business ideas that are now considered successful businesses but these people have never been taught to be entrepreneurs. On the other hand, entrepreneurs are created because there are successful entrepreneurs who have studied business courses (diplomas and letters) offered by universities and colleges.

                      Is it true that people have failed to define who is a real entrepreneur?

                      My personal experience is that for ten years we ran a research center for business history; for ten years trying to define an entrepreneur. We have never failed. Each of us had his own opinion about it – what he thought, for his own sake, was a good explanation. And I don’t think you’ll go any further than that-By Arthur Cole.
                      As I learned in high business school, an entrepreneur is “a person who builds successful businesses and business partnerships.” However, this definition does not have a clear definition because not everyone who builds a business and runs it is an entrepreneur. There is more to being a true entrepreneur than building a business and running it successfully.

                      Economists and businessmen seem to disagree on who is a real entrepreneur. From an economic point of view, “An entrepreneur is someone who is willing to bear the risk of a new business if there is a high chance of profit. Some emphasize the role of the entrepreneur as an inventor. who sells his invention. They others emphasize the role of the entrepreneur as an innovator. Economists still say that entrepreneurs develop new products or processes that the market wants but does not currently provide.”

                      The concept of business ventures first emerged in the 1700s. Since then it has evolved into what it is today. Despite the failure to define who a true entrepreneur is, we can all agree that entrepreneurs play an important role in improving people’s lives in many different ways. They came up with new ideas that led them to form a business. For a successful business, it becomes essential for all entrepreneurs to invest in business marketing services for attracting new & target customers.

                      These organizations apart from creating jobs directly or indirectly serve the people in different ways. Entrepreneurs are considered to be people who develop new products or improve existing products to solve problems that people face.

                      Administration

                      We can know who is doing well by using this method. In this way, the common characteristics of successful entrepreneurs determine whether a person is a true entrepreneur. Features are:

                      1.) Taking risks: They take risks when they find a credible business opportunity. They already know that high-risk business ideas are more profitable. Generally, successful entrepreneurs took risks to get to where they are today.

                      2.) Love: Whatever business idea they have, they really love it. Passion keeps successful entrepreneurs focused.

                      3.) Hard work: Successful entrepreneurs share the same quality of hard work.

                      4.) Optimism: Optimism is a common trait of successful entrepreneurs. They believe that in the future their idea will be a successful business. They have no room to doubt their business ideas.

                      5.) Good leadership: They have good leadership qualities. Successful entrepreneurs know how to motivate their employees to give their all to achieve success. They create strategies and goals for their company.

                      6.) Determination and Persistence: Successful entrepreneurs are determined and persistent in implementing new business ideas. They don’t give up when they encounter certain failures in other tasks, but they are motivated and determined because they are motivated by success, not money. For them, money is their only reward.

                      7.) Flexible: Successful marketers respond quickly to market demands. Whenever the needs of the market change they respond quickly so as not to lose their customers. They look for opportunities to exploit when change occurs. Successful entrepreneurs have similar strategies for adapting their businesses to changing economic conditions. “An entrepreneur is always looking for change, responds to it, and uses it as an opportunity-By Peter Drucker.”

                      8.) Innovation: They research and come up with new business ideas in digital marketing and many other fields. Successful marketers are constantly inventing new ways to satisfy customers.

                      9.) Organizational Skills: Successful entrepreneurs are well organized. They organize production resources such as labor, land and capital to run their businesses.

                      With all the information above

                      I encourage you not to fail to appreciate what a real entrepreneur is working on. The reason is that a true entrepreneur like  Nipun Kundu does not give up regardless of the mistakes he makes in doing other tasks. He hopes that one day his business idea will become a successful business.

                      Digital marketing is his kit and the internet is his playground.  Nipun Kundu is an Entrepreneur. He has always been an enthusiastic person trying to learn new things and implement them. Besides helping businesses as a freelance marketer, he has also nourished his brainchild, Afogwish.

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