How Entrepreneurs Differ from Other Business Owners Essay

There has been a large amount of attention paid to the subject of entrepreneurship in the last few years; mainly because most people have chosen to go from working for somebody else to be their own bosses and work for their dreams. Yet, many still wonder what is entrepreneurship and what is that sets entrepreneurs apart from other regular business owners? Free-lance writer and expert in economic issues Jeanne Holden suggest: â€Å"There is no one definitive profile of an entrepreneur. Successful entrepreneurs come in various ages, income levels, gender, and race. They differ in education and experience. But research indicates that most successful entrepreneurs share certain personal attributes, including: creativity, dedication,†¦show more content†¦Then, in the middle of starting up a new business entrepreneurs need determination in order to never give up, even when things seem harder than what they expected; this determination makes their focus always be on achieving their goals and success. This must work in conjunction with flexibility, because every entrepreneur must know how to adapt to the changing world and trends in the business environment, entrepreneurs competing with already established companies must be open for change and improvement. After a entrepreneur has managed to establish himself as a business owner, he uses other skills to walk toward success, these are leadership and passion. Leadership is the capacity of directing and influencing others; an entrepreneur must also be a leader in order to run a successful business where employees feel moved and inspired to give the best of them each day. And leadership could not exist without passion, because that is what makes an entrepreneur feel confident about a new idea and keeps him focus on his main goal, while also inspiring the people around him. Self-confidence is what makes an entrepreneur make the right and the smartest decision at the right time, they have toShow MoreRelatedEssay on Common Traits of Entrepreneurs597 Words   |  3 Pageshowever, many still struggle to find the exact meaning of what an entrepreneur is and how he is different from other regular business-owners. This query has gotten people to come up with different definitions and studies in the search of a final answer and, even though there is still a debate for a complete designation accepted by all, now there are certain traits that are recognized by everyone as basics for being an entrepreneur. According to free-lance writer and expert in economic issues JeanneRead MoreSocial Entrepreneurship And Its Impact On Society1633 Words   |  7 Pages Over the last few decades entrepreneurship has become the way many people have chosen to for their career paths. There are different types of entrepreneurship but there is one in particular that seem to be evolving in the world of business and it is social entrepreneurship. Social entrepreneurship has allowed the opportunity for change, considering the ever changing economy we live in today. 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