The Joy of Entrepreneurship
en·tre·pre·neur·ship (n) one who organizes, manages, and assumes the risks of a business or enterprise.
I may have owned my first business for 5 years before I learned to spell my name. Entrepreneur. It’s a little hard to even pronounce since it was first coined by the French economist, Jean-Baptiste, in the early 19th century defining “one who undertakes an enterprise, especially a contractor, acting as intermediatory between capital and labour”.
I’ve sometimes jokingly referred to myself as a “serial entreprenuer”, seeing as I have had ownership in multiple businesses for years and am not averse to new ideas. (My latest launch is a niche market that combines my business consulting with my internet marketing background, VirtualLawConsulting.com.)
I came across some awesome descriptions of entrepreneurship, posted by students and friends of the #1 college in entrepreneurship education as rated by U.S. News & World Report for the past 18 years, Babson College.
The process of managing and leading change.
Entrepreneurship is spontaneus creativity in the form of passionate pursuit for a unique purpose without any concern of resources that you currently have.
A student from Mexico says, “It’s a way of life where you drive your own future and the future of our world.”
Entrepreneurship is character to innovate what exists and create what does not.
Entrepreneurship is having a relentless passion and the guts to pursue it.
Entrepreneurship is a pursuit of opportunity and exploration of the unknown to create value.
An entrepreneur is a business designer who sees what there is and what could be.
Entrepreneurship is a combination of risk taking and inventive capabilities, while constantly producing and inspiring.
Entrepreneurship is the act of aspiring, perspiring and inspiring!
“Entrepreneurship is an art of identifying opportunities and steering them to your advantage by employing creative, innovative and practical approach in your businesses”, offered by a graduate student from Pakistan.
My favorite definition comes from an entreprenuer in India:
Entrepreneurship means creating value. Value to customers, value to employees, value to stake-holders and finally value to yourself. The day you believe you can create value, become an entrepreneur.