Contest Lecture 01: Exploring the Evolution of Entrepreneurship .

in hive-120861 •  5 months ago  (edited)

Assalam O alaikum.

Hello my steemit friends i hope you are all doing well and enjoying life i am also fine and enjoying life The contest is exploring the evolution of Entrepreneurship. Entrepreneurship is a journey fill with challenges and opportunity through out the history of entrepreneurs have played a crucial role in shaping economise and societies in this post i will explore the history of entrepreneurship and highlight a famous entrepreneurs reflect a decision involving risk discuss the economic role of entrepreneurs and touch on the ethical responsibilities they bear.

Brief History .

The role of entrepreneurs has involved significantly from the Middle Ages to the 20th century in the Middle Ages entrepreneurship was closely linked to merchants and traders who traveled across regions to sell goods these early entrepreneurs faced great risks including dangerous travel routes and uncertain market as time progresses particularly during the industrial revolutions the role of entrepreneurs expanded they became the driving force behind the creation of factories and industries leading to mass production and economic growth by the 20th century entrepreneurs were seen as innovators and pioneer launching business that transformed entire industries and improved standards of living across the globe.

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Famous Entrepreneur .

The most famous entrepreneur of the 20th century is Steve Jobs the co founder of Apple Inc steve Jobs took significantly risks that played a crucial role in his success first he risked his financial security by investing all his saving even selling his car to fund the development of the first Apple computer. Second Jobs took a huge creatives risk by introducing the iPhone and product that was revolutionary at the time this decision completely transformed the mobile phone industry and cemented Apple as a leader in technology.

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Decision Reflection

A decision i once made that involved taking a risk was choosing to study cardiology a field that is challenging and requires years of dedication the outcome so far has been positive as i am gaining knowledge and skills that will help me achieve my goal of becoming a cardiologist.

Economic Role .

Entrepreneur contributes to economic development by creating jobs driving innovations and fostering competition which lead to economic growth and improved living standards.

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Ethics in Business.

One ethical responsibilities entrepreneur have starting a new business is to ensure that their products or services do not harm consumers or the environment. This responsibility helps build trust and ensures long term success in the market.

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Conclusion .

Entrepreneurship is powerful force that has shaped history and continue to drive progress from the risks taken by early merchants to the ground breaking innovations of modern entrepreneurs the journey of entrepreneurship full of challenges and rewards as we move forward it is important to remember the economic contributions entrepreneurs make and the ethical responsibilities they bear in creating a better world.

I am inviting friends @suntr @vishwara @enamul17

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Good content friend, Entrepreneurs were first traders and investors who took risks to cross dangerous ways to provide their goods to people.

  • Steve jobs is a risk taker person who invented the iPhone by taking many risks in his life.