Concept and Target of Entrepreneur Essay Example
Concept and Target of Entrepreneur Essay Example

Concept and Target of Entrepreneur Essay Example

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  • Pages: 1 (244 words)
  • Published: November 19, 2021
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An entrepreneur is an individual who brings innovation and identifies opportunities to benefit businesses. The risk associated with entrepreneurship incentivizes individuals to explore self-employment options, develop skills, have vision, inspire big dreams, and harness their talents and expertise. The interviewed entrepreneur demonstrates confidence in their abilities and is clearly a risk-taker with their invention. Their primary challenge lies in gaining market acceptance for the invention and ensuring its success. When the market fully embraces the product, the entrepreneur becomes fortunate.

The entrepreneur faces multiple significant obstacles in their journey, such as acquiring seed funding, failing to meet the target market's needs, and facing challenges in establishing their idea. This endeavor represents the entrepreneur's first venture into business. Alt

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hough they have successfully tested the business process concept, they lack expertise in company management. If accepted, this concept has the potential to revolutionize healthcare delivery. The entrepreneur's achievement is credited to their relentless determination to make both the process and product accessible in the market, driven by their motivation and passion.

Entrepreneurship is marked by a distinct fervor for approaching tasks in an original manner. These individuals adopt the role of entrepreneur due to their varied perspectives. Entrepreneurs focus on creativity, innovation, and establishing new businesses as their primary objectives. Even though there is a strong emphasis on innovation in entrepreneurship, taking risks remains a vital component. Although only a small number of ventures may truly be innovative, they can still demonstrate initiative.

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