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What Is Entrepreneurship And What Makes You An Entrepreneur?

By: Forest Marie

The concept of entrepreneurship has been around for several hundred years and has evolved greatly since first being introduced. While many consider it simply starting your own business, most economists have put much more into it than that. Economists believe an entrepreneur is someone willing to take on the risk of a new opportunity with the hope of profiting greatly.

Even this has been argued as others believe an entrepreneur is an innovator who markets their innovation. Therefore, it is difficult to answer what is entrepreneurship. But one thing is for certain; it is someone who is venturing out on their own to pursue a new opportunity.

Economist Joseph Schumpeter viewed entrepreneurship as:

a force of creative destruction

He claims that an entrepreneur takes on new ideas and new combinations to help render ideas from the past. Every day, something new and improved is thought of or invented. This is precisely what an entrepreneur is all about.

To take it a step further, many believe it is about searching for change, looking for improved ideas, responding to it and exploiting these changes as an opportunity. This is why many economists of today believe entrepreneurship is a necessary ingredient for stimulating growth and furthering our economy.

I cannot agree more.

Now that you know what is entrepreneurship, what exactly makes you an entrepreneur? There are several different qualities and characteristics that sum up an entrepreneur. Some of the personal attributes you will find include:

creativity
dedication
determination
flexibility
leadership
passion

In order to develop something that has not yet been thought of, you must have some creativity in your blood. This is the push for innovation and improvement from old ideas. As for the dedication, you will be working on your own and will need to devote several hours a day perhaps seven days a week. You have to be dedicated to succeed with an online business.

You are bound to face rough times throughout your journey to success. This is where determination kicks in to fight through the rough times. One of the first things you will find out as an entrepreneur is that things are constantly changing. In order to keep up with the constant change and evolution, you have to remain flexible.

Lastly, you have to have a passion for what you do and be a strong leader. There is no one to tell you what to do or when to do it. If you have strong leadership skills, you will have no problem staying focused and working toward your goals.

So what is entrepreneurship? It is a lot of things. It is searching for change, looking for answers, and looking for ways to improve the past. There are several opportunities for entrepreneurs to pursue their goals and start something great.

If you have not started something great, go for it today. Just take the leap.

Article Source: http://www.bluearticles.com


Forest Marie is a professional Network and Internet Marketer and a master consultant of Wealth Masters International and its exclusive marketing system Carbon Copy Pro.

This article was originally published with audio at: What Is Entrepreneurship

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