Entrepreneurship Development Definition
OR
Entrepreneurship Theory And Practice?
It is setting up of your own business with or without your money with calculated risks, in the hope of profit in future. In this person needs to organize or manage an enterprise on your own. Entrepreneurship is an important engine of growth in the economy. A tolerance for risk-taking is a necessary characteristic for entrepreneurs. Entrepreneurs also need creativity. Think about Steve Jobs and Mark Zuckerberg, they brought innovative products to the market and made feasible for the users.
Few examples of great Entrepreneurs-:
- Bill Gates, founder of Microsoft.
- Steve Jobs, co-founder of Apple computers, which produces Macs, iPods, and iPhones.
- Mark Zuckerberg, the founder of Facebook.
- Pierre Omidyar, founder of eBay.
- Sachin Bansal and Binny Bansal, founder of Flipkart.
- Bhavish Aggarwal and Ankit Bhati, founder Ola Cabs.
Jeff Bezos, founder of Amazon an American E-commerce.
Entrepreneurship is a dream of most of the youngsters today.
Many of them think ideas…
Few try to implement…
Very few are able to implement…
Very very few succeed and they are strong and bold as they hold them tight in their bad time.
Some of the Endless reasons you should practice Entrepreneurship are-:
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- You are your own boss and you can learn from your mistakes very well.
- The satisfaction that you own your company is unexplainable.
- Creating your own company from nothing and getting that results after years of struggle.
- You have financial independence.
- It enables you to dream big and real.
- You know how to play with RISKS.
- You first learn than earn.
- You become mentally strong day by day.
- You know how to lead a team of good people.
- You know how to maintain public relations.
- You become a part of the good hard working team.
- You can control your destiny by working harder and smarter.
- You have the opportunity to bring change in society.
- If you love what you do, you never get bored.
- Your mind will always be utilized in some interesting things.
- You are not the one indulged in the rat race, you know you are different.
- You don’t think about a 9 to 5 job, your dreams are big.
- Your every day is challenging.
- Your work, if done well creates a legacy.
- You can make an impact in society.
- After you are stable you can spend more time with your family.
- You fail more and eventually, you learn more.
- You become more creative day by day.
- You learn how to keep patience.
Now when you have read this article you must be thinking about different business ideas and all that the leading startups are already doing. Read the articles in the links I have embedded here.