Assignment 1: Best Case Entrepreneurial Scenario founding to Entrepreneurship BUS 313 Instructor Paul Brower April 22, 2012 Preface Entrepreneurship is the recognition and chase of chance without regard to the resources you currently control, with confidence that you can succeed, with the flexibility to variegate course as necessary, and with the entrust to rebound from setbacks (Reiss, 2000). An entrepreneur is that duty person who not only conceives and organizes ventures but as well often takes risks in doing so. In entrepreneurship, the work person identifies opportunities in the market prepare place and arranges the resources required to exploit the opportunities for huge term gains. It is creating riches by bringing together resources in a sweet way to last and operate an enterprise. It is the cognitive process of planning, organizing, operating and expect the risk of a business venture. Entrepreneurs a differentiated by personal values, ambitions, and attributes and can be class as aspiring, lifestyle, or growth. However, not all independent business plenty atomic number 18 true entrepreneurs, and not all entrepreneurs are created equal. This paper will discuss the rarified entrepreneurial start-up situation and how it may go past to a successful business venture.
The successful entrepreneur has a groovy passion for business, whether it is in the context of new devoted or existing firm. This passion typically stems from the entrepreneurs article of belief that the business will positively influence plentys becomes and this is the reason why people l eave right jobs to start their own firm. Th! ey strongly believe that the product or service of process they are selling makes a difference in peoples lives and makes the world a better place to live in. Passion is particularly important for entrepreneurs because, although rewarding, the process of kickoff and twist a new firm is demanding. While an entrepreneur should arrive at passion, he or she should also be agile and realistic. It is...If you indispensability to get a full essay, order it on our website: OrderCustomPaper.com
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