ENTREPRENEURSHIP IN BUSINESS:
Entrepreneurship can be explained as a creative and innovative response of execution of work in own ways. Such responses may take place in any field of social endeavour may be business, agriculture, social work and education. Entrepreneurs are more particularly about the economic policies of the government and the financial as well as commercial institutions. Our national economy is most suited to the growth of small business enterprise. Small business units offer a more convenient means of nurturing and developing entrepreneurship by providing the means of entry into business for new entrepreneurship talents. An entrepreneur is a person who is motivated to satisfy a high need for achievement in innovative and creative activities. This creative behaviour and innovative spirit forms a process of an endless chain and is termed as entrepreneurship. An entrepreneur is also required to manage his business. He has to perform both entrepreneurial and managerial functions. After the start of the business he becomes more as manager. An entrepreneur must accept the style of professional management. He must organise managerial functions by setting long term objectives, formulating strategic policies, developing management information system, monitoring and evaluation systems. Entrepreneurs is that they are born not made but reality is that entrepreneur characteristics and traits may be acquired through properly structured learning. Entrepreneurs is doer not thinkers whereas the reality is that frequent thinking of planning, creativity, innovation and risk taking is required.
“Persistence. Perfection. Patience. Power. Prioritize your passion. It keeps you sane.”
― Criss Jami, Killosophy
“When you work on something that only has the capacity to make you 5 dollars, it does not matter how much harder you work – the most you will make is 5 dollars.”
― idowu koyenikan,
“This defines entrepreneur and entrepreneurship – the entrepreneur always searches for change, responds to it, and exploits it as an opportunity.”
― Peter F. Drucker,
“If you are going to be in business, you must learn about money: how it works, how it flows, and how to put it to work for you.”
― Idowu Koyenikan,
“Opportunists seek for a chance.
Entrepreneurs make new chances.”
― Toba Beta,
“To be successful, you have to be out there, you have to hit the ground running”
― Richard Branson,
“An entrepreneur without funding is a musician without an instrument.”
― Robert A. Rice Jr.
“If there is one trait that your brand must speak of, it is trust.”
― idowu koyenikan,