Entrepreneurship is the act of creating a business or businesses while building and scaling it to generate a profit.
What the entrepreneurship definition doesn’t tell you is that entrepreneurship is what people do to take their career and dreams into their hands and lead it in the direction of their own choice. It’s about building a life on your own terms. No bosses. No restricting schedules. And no one holding you back. Entrepreneurs are able to take the first step into making the world a better place, for everyone in it.
However, the entrepreneur meaning involves much more than being a business or job creator. Entrepreneurs are some of the world’s most powerful transformers.
If your entrepreneurial mindset is focused on creating a profitable business, you fit the entrepreneur definition.
Entrepreneurs see possibilities and solutions where the average person only sees annoyances and problems.
Understanding what is an entrepreneur can help more people recognize the value they contribute to the world.
Quotes from Notable Real Enterpreneurs:
Altimese Nichole, Founder of NicholeNicole shares, “Many are excited to become an entrepreneur but get discouraged when reality hits. Entrepreneurship means staying committed to your goals beyond your feelings of excitement. Stay the course and keep your “why” in mind.”
Founder and CEO of NeuroFlow shares “Entrepreneurship means being the one that is willing to take a leap, work hard enough to sacrifice everything else around you, all in the name of solving problems because no one else is capable or possesses the desire.”
In the process of understanding what is entrepreneurship, let’s look at why entrepreneurs are important in society.
Entrepreneurs create jobs: Without entrepreneurs, jobs wouldn’t exist.
Entrepreneurs take on the risk to employ themselves. Their ambition to continue their business’ growth eventually leads to the creation of new jobs.
Entrepreneurs create change: Entrepreneurs dream big so naturally some of their ideas will make worldwide change.
Entrepreneurship decreases poverty: In the spirit of sharing good news, more people are being pulled out of poverty today than ever before.