Oct 20 2010
Concept of Entrepreneur
An employer, in simple terms is a person who creates or acquires a business or company, then, is dedicated to working on it and makes it grow.
In more elaborate terms, an entrepreneur is a person who meets the following process:
1. Identifies an opportunity
Firstly, an employer has enough vision to identify a business opportunity.
2. Take risks
Having identified the business opportunity, the employer reports, investigates and analyzes this opportunity, and if it finds that the proceeds of such business opportunity could be profitable, take the necessary risks, and takes responsibility for its decision.
3. Gather resources
Once the decision to start her business, the employer quickly gathers the necessary resources (financial, technological, human, etc.) That allows you to start your business.
4. Innovate
Then use your creativity to design a unique product that offers differentiation from competitor’s products, and to meet unmet needs of consumers.
5. Develops processes
Subsequently, the employer creates processes or systems that make your business run efficiently. Processes or systems on how to acquire their inputs, such as produce their products, how they distribute to the public, such as promotions, etc…
6. Lead
Once you have started your business, the employer exercises its leadership to lead and motivate their employees to achieve business goals.
7. Contributes to the community
And finally, the employer contributes to the community, providing either a good or service useful to consumers, stimulating the economy or creating jobs, creating new jobs.
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