Concept and Target of Entrepreneur
Concept and Target of Entrepreneur

Concept and Target of Entrepreneur

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  • Pages: 1 (286 words)
  • Published: November 19, 2021
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An entrepreneur is a person who brings out innovation and can identify opportunities to create and build something that is beneficial to businesses. It is the risk of entrepreneurship that encourages people to realize they possess self-employment options, develop skills, have a vision, inspire big dreams and create a way people generate maximum use of their talents and expertise.

The entrepreneur I interviewed is an individual who is confident of the abilities he possesses and the invention he has is clearly of a risk- taker. The greatest challenge that the entrepreneur faces is the acceptance of his invention in the market and to make the idea more successful. The entrepreneur becomes a lucky person when the product is fully accepted in the market.

The seed funding, failure to hit the market target and to position the idea are the biggest problems the entrepreneur faces. The

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entrepreneur has never ventured into any business and this is his first company. The idea created by the entrepreneur is a business process that is very successful as it has been tried and tested. If the business is accepted, it would profoundly create a revolution concerning health care delivery. The person is successful because of the commitment put to acquire the access to the market towards the process and the product. The motivation and the passion he has are the pillars for the success.

Entrepreneurship is a distinctive love for performing something different. The person became an entrepreneur a he was diversified in his thinking. The major important issues for the entrepreneur is creativity, innovation and new venture creation. Despite the innovativeness in entrepreneurship, risk-taking is also a major concern. Very few ventures can be innovative but they can be initiative.

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