"Entrepreneurship is the creation or extraction of economic value."
Developing skills related to creating, managing, and growing a small business.
Ideation: The process of generating and developing new business ideas.
Business planning: The process of developing a comprehensive plan for a new venture, including marketing strategy, financial analysis, and operations planning.
Market research: The process of gathering and analyzing information about customers, competitors, and the broader market to inform business strategy.
Marketing: The practice of promoting and selling products or services through various channels to reach and engage potential customers.
Innovation: The process of developing and implementing new ideas, technology, or approaches to improve products, services, or operations.
Financial management: The practice of managing and maximizing financial resources, including budgeting, forecasting, and financial analysis.
Sales: The process of identifying and closing deals with potential customers, including lead generation and relationship building.
Leadership: The practice of guiding and motivating a team to achieve business goals and objectives.
Networking: The practice of building relationships with other professionals and organizations to support business goals and opportunities.
Product development: The process of designing, prototyping, testing, and launching new products or services.
Operations management: The practice of managing day-to-day business operations, including production, supply chain management, and logistics.
Intellectual property: The legal protection of unique ideas, products, and designs through patents, trademarks, and copyrights.
Risk management: The practice of identifying, assessing, and mitigating potential risks, including financial, legal, and operational risks.
Entrepreneurial mindset: The attitudes, skills, and behaviors necessary for success as an entrepreneur, including creativity, perseverance, and resilience.
Team building: The practice of assembling and managing a diverse team to support business goals and objectives.
Social Entrepreneurship: A type of entrepreneurship that focuses on providing solutions to social issues through the creation of profitable organizations or non-profits.
Franchise Entrepreneurship: The use of an established brand or trademark to create a new business.
Small Business Entrepreneurship: This involves starting and managing a business that doesn't require significant capital investment or resources.
Online Entrepreneurship: Entrepreneurs who use the internet to sell products or services from anywhere in the world.
Innovative Entrepreneurship: Entrepreneurs who develop and create new products, services, or business models.
Acquisitive Entrepreneurship: This type of entrepreneurship involves buying and holding or acquiring multiple businesses for the purpose of growing a larger organization.
Serial Entrepreneurship: Entrepreneurs who regularly start and run different businesses, often at the same time.
Lifestyle Entrepreneurship: Entrepreneurs who create a business that allows them to enjoy their desired lifestyle, while still generating income.
Green Entrepreneurship: Entrepreneurs who focus on eco-friendly products and services to reduce their environmental impact.
Corporate Entrepreneurship: Entrepreneurship within a large, established company or organization.
"With this definition, entrepreneurship is viewed as change, generally entailing risk beyond what is normally encountered in starting a business, which may include other values than simply economic ones."
"An entrepreneur is an individual who creates and/or invests in one or more businesses, bearing most of the risks and enjoying most of the rewards."
"The process of setting up a business is known as 'entrepreneurship'."
"The entrepreneur is commonly seen as an innovator, a source of new ideas, goods, services, and business/or procedures."
"More narrow definitions have described entrepreneurship as the process of designing, launching and running a new business, which is often similar to a small business, or as the 'capacity and willingness to develop, organize and manage a business venture along with any of its risks to make a profit.'"
"A significant proportion of start-up businesses have to close due to 'lack of funding, bad business decisions, government policies, an economic crisis, a lack of market demand, or a combination of all of these.'"
"In the field of economics, the term entrepreneur is used for an entity which has the ability to translate inventions or technologies into products and services."
"In this sense, entrepreneurship describes activities on the part of both established firms and new businesses."
"While definitions of entrepreneurship typically focus on the launching and running of businesses..."
"Entrepreneurship is the creation or extraction of economic value."
"With this definition, entrepreneurship is viewed as change..."
"An entrepreneur is an individual who creates and/or invests in one or more businesses, bearing most of the risks and enjoying most of the rewards."
"The entrepreneur is commonly seen as an innovator, a source of new ideas, goods, services, and business/or procedures."
"A significant proportion of start-up businesses have to close due to 'lack of funding, bad business decisions, government policies, an economic crisis, a lack of market demand, or a combination of all of these.'"
"In the field of economics, the term entrepreneur is used for an entity which has the ability to translate inventions or technologies into products and services."
"More narrow definitions have described entrepreneurship as the process of designing, launching and running a new business..."
"A significant proportion of start-up businesses have to close due to 'lack of funding, bad business decisions, government policies, an economic crisis, a lack of market demand, or a combination of all of these.'"
"With this definition, entrepreneurship is viewed as change, generally entailing risk beyond what is normally encountered in starting a business..."
"The people who create these businesses are often referred to as 'entrepreneurs'."