In order to answer the question, I contacted 15 successful business people to find out their own definition of entrepreneur..

Others do it for the potentially higher income. First, increase in saving causes more accumulation of capital which in turn facilitates a great degree of division of labour and thereby raising productivity of labour and levels of incomes of the people.
Surprisingly, thousands of people Google search for the definition each day. An entrepreneur is commonly seen and perceived as an innovator. There are several different meanings of the term entrepreneurship. Entrepreneurship comes from entrepreneur, anglicized from the original French word. With this definition, entrepreneurship is viewed as change, which may include other values than simply economic ones. . However, some people choose self-employment to bring to life their visions and ideas. Entrepreneurship is the creation or extraction of value. But whatever that reason may be, entrepreneurship can give you these 10 benefits: Adam Smith - Scottish economist who advocated private enterprise and free trade Smith

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The following are some useful definitions of entrepreneurship: [ Wikia :] Entrepreneurship is the act of being an entrepreneur, which is a French word meaning “one who undertakes innovations, finance, and business acumen in an effort to transform innovations into …
Still, others do it because they know they are meant to be an entrepreneur. Entrepreneurs from all stages in their career were asked because I think our definitions all change as we get to different times in our lives. This happens in the following ways. What is an entrepreneur? It means someone who undertakes something. Noun 1. An entrepreneur is someone who is willing to work for himself and by himself. You have your own reason for starting a business. The posts which follow are guides to notice when examining the definition of the concept of entrepreneurship. Adam Smith points out that the development process once started gathers momentum and becomes cumulative, that is, it feeds upon itself. Skills Required by Entrepreneurs.