Difference between Entrepreneur and Entrepreneurship
Difference between Entrepreneur and Entrepreneurship. If the definition of an entrepreneur is someone who runs a business to achieve full creative and innovative ideas, then entrepreneurship has a different meaning. There is a fundamental difference between entrepreneur and entrepreneurship.
Read also: 10 Ways Be A Successful Entrepreneur When You're Young
Entrepreneurship is derived from the English word entreprende, which means explorer, inventor, and company manager in French. So the notion of entrepreneurship is the process or stages of implementing creative, innovative, and imaginative ideas to create something new and different in the business world. When compared to other items, a product that dares to seem innovative and unusual will naturally have a higher value.
Entrepreneurship teaches how to be alert to business possibilities, brave to confront dangers, and yet establish and expand a firm, generate large profits, and prevent losses.
In addition, entrepreneurship can also be interpreted as someone's ownership of a company that is small or medium in nature. Entrepreneurship or entrepreneurship is also described as all aspects of entrepreneurs' (entrepreneurs') behaviors, attitudes, and procedures in operating, pioneering, and expanding their enterprises.
In general, there are various steps or stages in entrepreneurship, as follows.
- The starting stage is when someone intends to start a business and prepares everything needed;
- In the stage of carrying out the business, in this stage the entrepreneur begins to manage every aspect of his business;
- In the stage of maintaining the business, here usually the entrepreneur can think about how to be able to maintain his business from various obstacles and challenges;
- In the stage of developing a business, in this stage, the entrepreneur expanded his business by conducting analysis and innovation to be followed up.
So, what are the advantages of going through the phases of entrepreneurship? Can it have a good impact?
Here are some of the benefits:
- Opportunity for unlimited profits.
- Opportunity to make a change.
- Opportunity to control one's destiny.
- Opportunity to do what they want and love doing business.
- Opportunity to reach full potential.
- Opportunity to get recognition from the community for his efforts.
Conclusion
If the definition of an entrepreneur is someone who runs a business to achieve full creative and innovative ideas, then entrepreneurship has a different meaning. Entrepreneurship is derived from the English word entreprende, which means explorer, inventor, and company manager in French. So the notion of entrepreneurship is the process or stages of implementing creative, innovative, and imaginative ideas to create something new and different in the business world. In addition, entrepreneurship can also be interpreted as someone's ownership of a company that is small or medium in nature. Edukasit.com.
Read also: Entrepreneurial Characteristics
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