Who is an Entrepreneur?

The word “entrepreneur” has evolved over time from being just a business owner, to risk takers and to innovative people who have foresight. Traditionally, an entrepreneur is a person who organizes and manages any enterprise, especially a business, and usually with considerable initiative and risk.

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It is hard to ‘box’ an entrepreneur as there are so many different kinds of them. However, when you find these several features in them, you have spotted one.

1. They are INNOVATIVE
Innovation is a specific tool for entrepreneurs, which they use in exploiting change, and creating opportunities for different business or service.
They have that mind-set that allows them to see opportunity everywhere, be it a business idea, or the possibilities in the people that can help them grow that business. They seek to profitably solve a problem that the world has, in exchange for enough monetary compensation to achieve their dreams.

2. They are RISK TOLERANT
Entrepreneurs are risk takers, willing to roll the dice with their money or reputation on the line in support of an idea or enterprise. They practices business judgment in the face of uncertainty of the future. They willingly assume responsibility for the success or failure of a venture and are answerable for all its facets.

3. They have GREAT PERSONALITY
The entrepreneur is our visionary, the creator in each of us. We’re born with that quality and it defines our lives as we respond to what we see, hear, feel, and experience. It is developed, nurtured, and given space to flourish or is squelched, thwarted, without air or stimulation, and dies.

Entrepreneurship is a lifestyle, in that being an entrepreneur is ingrained in one’s identity. It takes determination, creativity, the capacity to take risk, leadership and enthusiasm. I don’t think you can be an entrepreneur without these qualities, and for me, that idea was ingrained in me very early on. An entrepreneur is part of the foundation of who I am, and who I strive to be.

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