Refer to an individual who owns and manages his own business. A person who organizes and manages any enterprise, especially a business, usually with considerable initiative and risk. Somebody who produces an innovative and brand new product, a different way involving making something, or a cutting-edge market. Forms of Entrepreneurs: Solo self-employed individual This group of entrepreneurs includes such group as trades people, sales agents, […]

Entrepreneurs play a critical responsibility in economic development as significant contributors to technological improvement and new job development. Further, entrepreneurs assist build communities in ways for example providing jobs, conducting business locally, creating and participating in entrepreneurial networks, investing in community projects, and giving to local contributions. Realizing both the economic and social contact of entrepreneurship, many countries and local communities have executed antagonistic strategies […]

Introduction There was a time when only a few companies use to sell either similar or same products or services in any particular market. The demands of potential customers were rarely sophisticated and the product life cycles were relatively long. This was true for most of the 20th century, throughout which, businesses usually operated as independent bodies. Each had their own products and markets, and […]

What happens when an entrepreneur gets rejected from all five investors on Shark Tank? She becomes successful, that’s what. Lori Cheek, who is slated to speak at the upcoming  on November 16 in Long Beach, Calif., is a living testament of taking failure and turning it into motivation for a successful business. The architect-turned-entrepreneur founded Cheekd, an online dating site, in 2010, and then in February 2014 she […]

Jessica Alba and Sarah Michelle Gellar both had successful careers acting on television shows and starring in movies, but now the women spend their time as the founders and creative leaders of startups. Alba is the chief creative officer of , which creates and sells what it brands as non-toxic goods such as laundry detergent, makeup and baby products and was recently valued at . […]

Between 1989 and 1992, organized crime, or “violence managers,” (cf. 120-3) grew to monstrous proportions in the former Soviet Union. There are two methods of dealing with this theoretically: the first is to see this phenomenon as part and parcel of the decay of the Soviet Union and the amoral and tyrannical nature of the Soviet Union. In fact, this has been an important element […]

Ten years ago, if someone in Detroit said he or she was an entrepreneur, a listener’s first thought might have been, “This person is out of a job” — and with good reason: From 2000 to 2010, Michigan lost over 850,000 jobs — more than all other states . Related:  Even before Detroit entered bankruptcy, it was clearly time to rethink “business as usual.” The region could no […]

My Dad never gives up, he never takes it lying down… he started his own blog at the age of 64, started a freelance writing career, alongside an NGO for empowering young people to pursue their dreams and succeed early on. Yeah, talk about drive. Dr. Myles Munroe (of blessed memory) once made a very profound statement when he said; “The wealthiest place on earth […]

The word ‘entrepreneur’ is derived from the French word ‘enterprendre’ which means ‘to undertake’. Around 17th century, this term was used for architects and contractors for public works. Later it was applied to the function of engaging labor and buying materials and selling the resultant products at contracted prices. In fact, it was in 18th century that the term ‘entrepreneur’ was applied initially to business […]

Abstract Research Aim: This aim of this study was to explore the role of innovation in the context of entrepreneurship. The main investigated areas were related to the key factors that affect the development of innovation. Furthermore, this research was focused on the exploration of the actual concept of innovation and its possibility of transformation. Methodology: This study was based on the integration of the […]