Have You Ever Heard the word Entrepreneuership? What is Entreprenuership and How Can you Become a Successful Entreprenuer!

 Who is a leo  Entreprenuer? Is an entrepreneur a business person ? There are multiple thoughts lingering in your mind right now. Don`t fret, here is a 5 key broken down points to help you understand exactly what is  Entreprenuership? How can you become one or how can you start? An Entreprenuer is a person who;

⦁ Is able to Identify business opportunities and implement actions to maximize those opportunities.

⦁ An Individual who organizes and manages a business undertaking assuming  the risk to make profit i.e calculated risks.

⦁ Has the ability to identify lucrative niche gaps and create new opportunities to bring out new innovations.

⦁ Seeks and sees opportunities created by change and which can be turned into financial gains.

⦁ Driven by innovation and passion to sail through tough and difficult times to make his/her venture successful.

In order for you to become a successful entreprenuer you need to run a successful venture or enterprise. 

What is an enterprise?

It is any  business undertaking with sole purpose of making profits. An entreprenuer is not just an entreprenuer.  There are various types of entreprenuers. Interesting, right? So here are the various types of entreprenuers.

⦁ Social Entrepreneurs: Social entrepreneurs start ventures with an aim of impacting society and community positively co-currently making profits. 

⦁ Sole propriators: This are entreprenuers who venture in a niche gap they have identified withb a sole aim of making profit.

⦁ Venture capitalist : a type of finance for small enterprises and startups with long-term growth potential, as well as a kind of private equity.  Typically, investors, investment banks, and financial organizations provide venture money.   

   Now that you know given a chance tell me what type of entreprenuer might  you  want  to become. Entrepreneurship is the solution for sustainable development now and  for the forseable future! Please know your feedback and thoughts concerning this topic is highly appreciated.