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Who is an Entrepreneur?

Updated: Jun 20, 2019

According to Webster dictionary, Entrepreneur is someone who organizes, manages, and assumes the risks of a business or an enterprise. In real world, a lonely and an independent thinker, rarely ask for help, and individually is trying to put a complex 21st century business together with the resources and information he/she has. In order to succeed in business, the entrepreneur needs to do two steps:

  1. Accept the fact that is impossible to do all aspects of his business alone.

  2. Arrange and delegate certain parts of his/her business to others.

There are many characteristics of a successful entrepreneur that are within you; such as willingness to take action, creativity, skill, intelligence, patience, and persistence. Others have to be learned such as ability to teamwork, delegate, and accept peer support.

There is one certainly within the entire business cycle, and that is the entrepreneur with more support they fail lot less than those with less support. I often see interviews with great startup company founders. The interviewer ask how you did alone make such a great , successful company. They never realize that a concept was developed by the individuals, but the actual operation had millions in funding; for instance, Microsoft had 12000 employees at startup.

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