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Diana Thompson
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What Is An Entrepreneur?

Published on 5/7/2018
For additional information  Click Here

What Is An Entrepreneur| 2018

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What Is An Entrepreneur| 2018

Hey there Diana here from empowering Network and Internet Marketers to leverage the full power of the internet to build passive residual income. Thanks for taking the time to look at what I have to say. My intention is to build value in a way that you can understand. Today I'm going to talk to you about what exactly is entrepreneurship or what is an entrepreneur.

Entrepreneur Today

I'm going  to clearly define what an entrepreneur is  and what an entrepreneur is not. "Entrepreneurship" is the process of designing , launching, and running a new business. This typically begins as a small business such as  a start up company who has a product or service for sale or hire.   It’s also defined as the capacity and willingness to develop, organize, and manage a business venture along with  any of it’s risks in order to make a profit. Due to the high risk of launching a startup a  significant portion of businesses have closed due to the lack of funding, bad business decisions, economic crisis, or a combination of all of these. Or due to lack of market demand.


In the 2000s The definition of entrepreneurship has been expanded to explain why some individuals or teams identify opportunities, evaluate them as viable, and then decide to exploit them where as others do not. Traditionally entrepreneurship has been defined as a person  who organizes and manages any enterprise, especially as a business. Rather than working as an employee and entrepreneur runs a small business and assumes all risk and reward. An entrepreneur is commonly seen as a Business leader and an innovator of new ideas and business processes. Entrepreneurs  tend to be good a perceiving new business opportunities and seeing unmet market needs. They also have a pro risk attitude that would make them go out and exploit the opportunity. An entrepreneurial spirit is characterized by innovation and risk taking. While Entrepreneurship is often associated with new, small, for profit, startups, entrepreneurial behavior can be seen in small, medium, and large size firms. New and established firms and in for profit, and not for profit groups like voluntary sector groups, charitable organizations and government. For example like Combining business activities with environmental  and or community goals.

An Entrepreneur Takes Control

An entrepreneur is typically in control of a commercial undertaking, directing the factors of production, financial, and material resources that are required to exploit a business opportunity. They act as the mangers and overseers of the launch and growth of an enterprise. Entrepreneurship is the process by which and individual or team identifies a business opportunity as viable and requires the necessary tools and resources required for its exploitation.  The exploitation of entrepreneurial opportunities may include actions such as developing  a business plan. Apart of entrepreneurship is being responsible for the ventures success or failure. There is no room to point the blame to anything or anyone else. The role of the entrepreneur in the economy created destruction launching innovations that simultaneously destroyed old industries while ushering in new industries and new approaches. A good portion of people in the home based business industry where educated on the value of owning your own business through the existing forms of reeducation that takes place online. Unfortunately, the emphasis of becoming a business owner was placed on the wrong thing. A few paint a picture of what true entrepreneurship really is. In fact, most people can’t recognize what entrepreneurship is

Entrepreneurship is not affiliate marketing, It’s not CPA marketing, and it’s not multilevel marketing

Unfortunately marketers of our industry today have been so misinformed of the options that are available because they are constantly presented with options that are so removed from entrepreneurship. This is the type of political correctness that deserves no pass on. Marketers today believe that the only options are affiliate marketing, CPA marketing, and multi level marketing. Simply put, an entrepreneur is someone who  innovates, creates there own products or services, sets there own prices, and controls every aspect of the operation from start to finish.  If you are looking into becoming an entrepreneur and earn a living from the comfort of your home reach out to me on Facebook or click here to work with me


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