The Entrepreneur
An entrepreneur is someone who sees opportunities when others see a problem. They convert various situations into an avenue to make revenue.
While Wikipedia defines an entrepreneur as "...an individual who creates and/or invests in one or more businesses, bearing most of the risks and enjoying most of the rewards"Sourse
TTE on the other hand has a more suitable definition for an entrepreneur, viewing them as promblem solvers and rist takers who hope to make some profit.
"An entrepreneur is an individual who sets up business or businesses, identifies and solves problems, is creative, innovative, opportunist, risk-taker, self-starter, and open-minded with the hope of making a profit from the enterprise."
Qualities of an Entrepreneur
To be an effective Entrepreneur, it is necessary to have most or all of these qualities.
- Must be an Opportunist
- Being open-minded
- Able to identifier and solver problems
- Passionate and Creative
- Ready to take calculated Risks
- Must be Confident and disciplined
- Should be able to generate ideas
- Competitive
- Should have strong determination
Advantage of Entrepreneurship
s/n | Advantage | Explanation |
---|---|---|
1 | Time | An entrepreneur is the master of his time, he owns his time unlike employees who have traded off such freedom |
2 | Satisfaction | an gains safisfaction when he sees his business grow |
3 | Reward | The reward or profit is proportional to the amount of work put in |
Functions of an entrepreneur
Risk Taker: an entrepreneur gets into a line of business hoping to make some profit yet he cant tell how everything will turn-out but he has to venture in
Sales Person:
After coming up with a product or service, the entrepreneur is expected to make people know of its existence in such a way that they are attracted to it
A Leader: an entrepreneur must be a good leader so he can take his workers along.
Decision Maker: To better lead his workers an entrepreneur should be good at making decisions even some hard ones
Solves Problem: the entrepreneur should be able to solve problems.
Conclusion
Entrepreneurs are the spearhead that drives the economy of many nations, it hives the person control over his time and the joy of getting a reward that is directly proportional to the inputed labour.
Post review
In this section of my Achievement 4, i will be looking at the different markdowns applied on this post
I started by inserting a graphic, then i used the markdown format to create a hyperlink for my source which i got from pixabay, this was followed by the heading which i used a H3 equivalent. But i also used the center to place it at the middle.
On the same heading i applied a red colour. The whole text was justified so that i have a good straight line on both sides.
In the text i used two types of quotations, and the source was moved up using the suprtscript formatting. I the went in for some itemised list followed by a table, a few sub headings and some bold text. And this is the only section of the text that is aligned to the left.
Hi, @kesybliss,
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