Entrepreneur is not always about making money or profit

Entrepreneur is not always about making money or profit

Kojo A. Quartey

Entrepreneur is not always about making money or profit

What do all the major firms in the environment have in frequent? Can you name 1 business enterprise that was not began by an entrepreneur? Individually, aside from a few commenced by the federal government, such as the submit place of work, I are not able to feel of any.

Even mail shipping has its reasonable share of entrepreneurial corporations now competing with our federal government assistance – FedEx, UPS, and so forth.  When you imagine of the world’s largest firms, these types of as Walmart, Ford, Apple, they all begun as an idea in someone’s thoughts.

The phrase entrepreneur is outlined by Meriam-Webster as, “one who organizes, manages, and assumes the challenges of a organization or company.”  It has also been stated to be the “creation or extraction of economic value”.  Be aware that it is about improve and is broader than it was when the phrase was to start with produced.