An entrepreneur is a person who takes the risk of starting and operating a business for the purpose of making profit. Although individual from business to earn profit by providing consumers with a desired product of service, month years of hard work are often needed before a profit is earned.
Some people would rather work for the others, while other people prefer to work for themselves. Entrepreneurs who prefer self-employment enjoy the freedom and independence that come from being their own bosses and from making their own decisions. Even when their business are not immediately succesful, they do not give up. In fact, some entrepreneurs who are eventually succesful often experienced unsuccessful start ups.
However, they learned from their mistakes and started over.
Entrepreneurs are self starters who have plenty of energy and enjoy working on their own. They like to take charge of situation and usually work hard and for long periods in order to meet their goals. Entrepreneurs are also good thinkers, often coming up with new ideas and new ways to solve the problems. Most succesful small business owners like people and people like them. As a result, they are often community leaders.
Succesful entrepreneurs have other common characteristic. Generally, they obtain work experience in the type of business they launch. The person who starts a computer store, for example, usually has taken some computer courses and worked for a business that makes, sells, or services computers. In addition to appropriate work experience, succesful business owners are also well informed about financial, marketing and legal matters.
There is no magic age for starting a business. Teenagers, parents of teenagers, and retires have all started succesful businesses. In recent years, increasing number of women, Asian-Americans, Hispanic, and African-Americans of all ages have opened their own firms. To start your own business, you need adequate funds, a general knowledge about business, some work experience, and a business opportunity.
Bersumber dari buku: English For Management UMM, Unit 2.
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