Nowadays it’s common to hear people talking more and more about entrepreneurship. When I first came upon this word, my first thought was that the concept behind it would probably be as complicated to understand as the word was to pronounce. But the more I dug into it, the more I saw how simple it actually was. However, there still are a lot of misconceptions regarding the real definition of the term. Here are 3 definitions of the word entrepreneur according to the Business Dictionary:
- Someone who exercises initiative by organizing a venture to take benefit of an opportunity and, as the decision maker, decides what, how, and how much of a good or service will be produced.
- Someone who supplies risk capital as a risk taker, and monitors and controls the business activities; usually a sole proprietor, a partner, or the one who owns the majority of shares in an incorporated venture.
- Someone who is not necessarily motivated by profit but regard it as a standard for measuring achievement or success.
And afterall, which one of these is the right one?
Well, to be honest, they are all correct. But they are also not necessarily true at the same time. Because, you see, an entrepreneur is all of these concepts joined together in one. Being an entrepreneur is not like being an engineer, a doctor, an artist or a lawyer. It can’t be categorized as a job. I like to think of this concept as more of a state of mind. Ultimately, for me, being an entrepreneur is being someone who thinks ahead, who sees the future, who is able to see opportunity where nobody else can, who is constantly looking for a challenge and a way to open people’s mind, who never settles somewhere comfortable.
Regardless of who you are, what field you choose to act on or where you are from, it’s extremely important to maintain an entrepreneurial state of mind. Nowadays more than ever, taking into consideration that the world is constantly changing and globalizing. Especially if you are a young person who is just now starting to enter the confusing world that is the job market. If you start out having a forward-thinking, entrepreneurial way of acting in your everyday life, you’re bound to be a thousand light years ahead of the rest already. Don’t settle for the “satisfactory”, step out of your comfort zone, look for entrepreneurial opportunities and don’t be afraid to dare.
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