What is enterprenuership? enterprenuership is the ability and willingness to develop, organize and manage a business and it's risk in order to make profit.
Who is an enterprenuer? An enterprenuer is a person who initiated/creates a business and bears the risk of the business.
There are alot of benefits and risks that comes with being and enterprenuer.
There are also characteristics and functions of an enterprenuer.
Characteristics;a good enterprenuer must have a vison.
He/she must have a goal and a good strategy to achieve that goal.
He/she must be skillful,risk tolerance,creative, self-confidence,money management.
A good enterprenuer must avoid proscastinaton,he/she must be time conscious.
Functions;the following are functions of an entrepreneur;
Organizing
Risk taking
Decision-making
Coordination of resources
Implementation of innovation
Utilization of experience
Managerial roles
Formation of business,e.t.c.
Enterprenuership is a very important part of our economical sector, infact enterprenuership should be encouraged in our world today because it promotes alot of good values like self-confidence , self-Independence, discipline,e.t.c,thanks.