Tuesday, September 1, 2009

What exactly is an "entrepreneur"?

In the most general sense of the word, an entrepreneur is someone who organises a business venture and assumes the risk for it. But true entrepreneurship goes way beyond that simple definition.

Contrary to popular belief, entrepreneurs are
NOT generally high-risk takers when they cannot affect the outcome of the situation. They tend to set realistic and achievable goals, and when they do take risks, they are usually calculated ones based on facts and experience, rather than instincts.

Entrepreneurs are driven not by the need to make money, but by the need to make their dreams a reality. More often than not, money is a byproduct of an entrepreneur's motivation rather than the motivation itself.

Entrepreneurs are participants, not observers; players, not fans. And to be an entrepreneur is to be an optimist, to believe that with the right amount of time and money, you can do anything.