Entrepreneurship

Entrepreneurs are frequently thought of as national assets to be cultivated, motivated, and remunerated. It can be difficult to explain the difference between the term businessman and entrepreneur.  An entrepreneur has the ability to change the way we live and work. Their innovations may improve standards of living, and in addition to creating wealth with entrepreneurial ventures, they also create jobs and contribute to a growing economy. However, businessman is someone who is starting a business with no innovation or invention. Entrepreneurship is important for a number of reasons, from encouraging social development to innovating the lifestyle.

Entrepreneur have a personality that allows them to believe and take risks as well as enjoy the process that other people find distasteful, some people think that they can do something better then another one in any aspects of the business. They are someone who organizes the factors of creative new product or service and they know how to catch up opportunities to turn a dream into reality. They have skills as vision, motivation and determination as well as have initiative and desire to take risks in order to benefit from the profit. They should be creative, innovative and confident about what they are doing as well as just themselves know what exactly they are doing to make dream come true.

In fact, for those who are wanted to become success entrepreneur, they have to know that money is not the important thing at all for best business.

Ms. Anshu

Assistant Professor

Department of Management Studies