explain how entrepreneurship has changed in recent years?
Answers
Explanation:
ENTREPRENEURSHIP::
Entrepreneurship refers to the concept of developing and managing a business venture in order to gain profit by taking several risks in the corporate world. Simply put, entrepreneurship is the willingness to start a new business. Entrepreneurship has played a vital role in the economic development of the expanding global marketplace.
ENTERPRENEUR::
Entrepreneur is someone who is willing to work for himself and by himself. There are several different meanings of the term entrepreneurship.
Skills Required by Entrepreneurs::
An entrepreneur is commonly seen and perceived as an innovator. The skills required for successful entrepreneurship are innovation and ability to be creative to generate new ideas for a business venture. An entrepreneur must have the quality of leadership and a strong sense of unified teamwork to gain maximum benefit.
Kinds of entrepreneurship::
The majority of the people may think that the term entrepreneurship has one single meaning. However, like mentioned earlier, the term is quite elastic and has a wide range of different meanings. The two most popular kinds of entrepreneurship are entrepreneurship of start-ups and entrepreneurship of small businesses.
Flexibility::
The advantage of having maximum control on the work you do can often help you gain maximum benefit. Being the authoritative figure at your workplace often leads to a lot of personal and professional benefits. Flexibility is one of the perks that people often look for in their professional careers and in entrepreneurship this advantage comes easily.
Diversity::
One excellent aspect of entrepreneurship is that all entrepreneurs enjoy the advantage of coming up with diverse ideas that may also be unique in the global marketplace. Having a diverse range of ideas to choose from, according to your entrepreneurial vision, you can gain maximum benefit from the ideas you come up with.
Entrepreneurship as a career option::
For any enthusiast in the corporate world, starting your own business may prove to be a remarkable idea. Having control over the work you do is something that many people long for in their career paths. Therefore, entrepreneurship is a great career option for those willing to make their name in the corporate world.
Evolution/ History of Entrepreneurs::
The search for quality leadership is an on-going process that is in practice since past few centuries. The need of a good leader is one of the factors that led to the evolution of entrepreneurship. Aside from this, there are several other factors that led to the beginning and increasing importance of entrepreneurship.