Entrepreneur came from the word"entreprendre" (French verb) it means that"to undertake" or "to do something." Thereare lots definitions of entrepreneur but I gotvery simple definition of entrepreneur which is a person who owns a business of whichthe entrepreneur is responsible for the risks and outcomes. Successful entrepreneurs always believe that their success depends on their hard work, efforts and sacrifices. Giving up is a big NO, NO for them.
An entrepreneur decides to chance their money on an idea that they hope will gainthem back what they put out on the venture. They usually choose to create a new or relatively unknown entity to develop on. Abusiness or market entrepreneur bases their venture on profits or earnings from their business niche. Another type of entrepreneur is the social entrepreneur which hopes that their venture will help environment or society in some manner.
Risk-taking is they backbone of manyentrepreneurs. They are willing to risk their money and their time to bring about a venture that they realize could succeed beyond their wildest dreams or could fail miserably. They know each of these possibilities upfront which make it all the more a challenge they are willing to take.
Ask any entrepreneur and they will tell you they realize it will be an uphill battle for most of their endeavors. If there were nochallenge to it then there would be no need for anyone to risk or chance becoming anentrepreneur. The challenging spirit is one that does well when you consider the characteristics it takes to become an entrepreneur.
So what other characteristics make up theentrepreneurial spirit? This is like answeringwhat is an entrepreneur. Anyone can decide to be an entrepreneur and actually make it work with perseverance and patience but it also takes creativity, spontaneity, and the determination not to let failure get them down.
One of the major factors and characteristics it takes to be an entrepreneur is independence. Most entrepreneurs have independence by the truckload. They love to find a venture and do it on their own. They do not have it in them to answer to anyone else and that is one of the biggest reasons many choose becoming an entrepreneur over the regular grind of the daily 9 to 5 type of job.
You may have to decide for yourself what the real answer is to what is anentrepreneur? Could it be you? Do you think about things in a different way than the conventional manner? Are you a problem solver that realizes the difference in the idea of the better mousetrap, or do you know the mousetrap is fine, there is just a different way to market it.
This may not be all there is to it. You may have all the great characteristics and the thinking power to be a world-class entrepreneur. So, in order to become a successful entrepreneur you are going tohave to learn to deal with failure because a successful entrepreneurs have a positivemindset around the experience of failure. When they fail, they look at it as a result.
Its easy to let the failure consume you - not so much because you are pessimistic, butmore so because it is hard to see somethingthat you poured your heart and soul into be ignored or rejected. Marketing Consultant