Understanding Entrepreneurship

T able of Contents INTRODUCTION5 WHAT IS enterpriserSHIP?5 ENTREPRENEUR BUSINESS EXAMPLES6 PRINCIPLES OF ENTREPRENEURSHIP 7 CONCLUSION7 REFERENCES9 INTRODUCTION Trinidad and Tobago has over 80,000 miserable clientele professers which accounts for 90% of the business in the country. (Newsday Trinidad and Tobago Buisness Magazine, 2010) These statistics luff that this emblem of business is the driving burden of the countrys economy. more than and more opportunities are beseeming available to singulars to saltation their own businesses and to establish themselves as entrepreneurs. The header that needs to be answered though is if these individuals are actu each(prenominal)y entrepreneurs. In this paper ii such individuals would be identified and arguments depart be presented support these crushed businesses and establishing why these should be considered to be prime examples of entrepreneur channelize. WHAT IS ENTREPRENEURSHIP?

Entrepreneurship is the process whereby an individual or group of individuals role organized efforts to copy opportunities to nominate value and grow by fulfilling wants and needs by and through innovation and uniqueness, no affair what resources the entrepreneur currently has. (Coulter M 2003, p. 6). This textbook definition embraces all the variables that makes entrepreneurship unique. Entrepreneurship speaks of tapping into opportunities and finding creative ship canal to bring them to life. It involves not be a able to persist still with your exploit but being unstrained and able to pursue and essay with other opportunities as they arise. Entrepreneurship involves being capable and finding slipway to obtain the resources required to come across striation objectives. Lets now define an entrepreneur, Chris Oakley OBE, professorship of the wind vane protrude company Chapter Eight gave this definition, an entrepreneur is a individual who sees an prospect which others...If you want to get a full essay, enjoin it on our website: Ordercustompaper.com

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