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Showing posts from July, 2018

Are Entrepreneurs Born or Made?

"Are Entrepreneurs Born or Made?" is the most common question usually asked about and answered. But before jumping on to making an opinion and answering this question, lets have a look at what exactly an Entrepreneur is? According to Wikipedia, "an entrepreneur is an individual who design, launches and organizes or operates a business". According to Investopedia, "an entrepreneur is an individual who rather than working as an employee, founds and runs a small business, assuming all the risks and rewards of the business." If we were to consider both the definitions conjointly, we can infer few common points on which both the definitions developed a consensus: a) there is a person who initiates a business, b) And there are risks and rewards for business. We can safely assume in the light of these definitions that an entrepreneur is a person who undertakes the responsibilities of business(es) for given risks and rewards. Th