Often times so many people most
especially youths misunderstand
the term entrepreneurship. I have
carried out an interview with few
youths asking them on their take on
entrepreneurship, their feedback
showed that they were not really
interested. What they are are
pursuing is just to finish secondary
school, go to the university, do their
youth service, apply for job and
then work in a big company. I have
discovered that so many students
and graduates are only interested in
white collar jobs. They think that
entrepreneurship is just an inferior
and unattractive way of getting
money. The truth is, am not against
getting a white collar job, but can
we just come back to our senses and
stop waiting for job opportunities.
In a nutshell, entrepreneurship is
setting a business of your own
which may involve financial risks.
Read up here www.successincentives..co.ke/2016/03/top-3-reasons-to-embrace.html?m=1

That's a good one there...

successincentiv:
Often times so many people most
especially youths misunderstand
the term entrepreneurship. I have
carried out an interview with few
youths asking them on their take on
entrepreneurship, their feedback
showed that they were not really
interested. What they are are
pursuing is just to finish secondary
school, go to the university, do their
youth service, apply for job and
then work in a big company. I have
discovered that so many students
and graduates are only interested in
white collar jobs. They think that
entrepreneurship is just an inferior
and unattractive way of getting
money. The truth is, am not against
getting a white collar job, but can
we just come back to our senses and
stop waiting for job opportunities.
In a nutshell, entrepreneurship is
setting a business of your own
which may involve financial risks.
Read up here www.successincentives..co.ke/2016/03/top-3-reasons-to-embrace.html?m=1

[s]In a nutshell, entrepreneurship is
setting a business of your own
which may involve financial risks[/s]

Mr man Entrepreneurship isn't that rubbish u posted above there. Besides u not an entrepreneur neither are u a graduate of entrepreneurship! So on what premise could u be spilling such trash on NL?

[s]In a nutshell, entrepreneurship is
setting a business of your own
which may involve financial risks[/s]

Mr man Entrepreneurship isn't that rubbish u posted above there. Besides u not an entrepreneur neither are u a graduate of entrepreneurship! So on what premise could u be spilling such trash on NL?

freshdude99:
[s]In a nutshell, entrepreneurship is
setting a business of your own
which may involve financial risks[/s]

Mr man Entrepreneurship isn't that rubbish u posted above there. Besides u not an entrepreneur neither are u a graduate of entrepreneurship! So on what premise could u be spilling such trash on NL?

so can you just define entrepreneurship in the real sense and not that of economics nor commerce....

successincentiv:

so can you just define entrepreneurship in the real sense and not that of economics nor commerce....

Ok then. Well different scholars in the field of entrepreneurship like peter drucker, Joseph Schumpeter, kaizner etc have defined entrepreneurship in various ways but those of Schumpeter and kaizner are in sharp contrast because of their different school of thoughts. But this definition of entrepreneurship am gonna give u now is the most concise and all encompassing of all. "Entrepreneurship" is said to be the pursuit of opportunity beyond resources you currently control by prof. Stevenson.
If you decide how to allocate a budget, personnel, or other resources that you have in hand, you are administering. If you make those allocations collaboratively, you are negotiating or deliberating. If you plan a ten-million-dollar house in your mind, without having any way to get the #10 million, you are daydreaming. If you have the capacity to seize someone else’s resources, you are stealing. But if you come up with a plausible plan to raise #10 million in voluntary investment capital, you are an entrepreneur.

You can be an entrepreneur (as opposed to a mere administrator) inside business, government, academia, or the nonprofit sector. Wherever you work, you must make plans that involve resources that you can get but don’t yet have.

The definition is not narrowly individualistic. In fact, Stevenson says, “Entrepreneurship is greater when successful members of a community reinvest excess capital in the projects of other community members.” So my entrepreneurship may depend on your behavior, and vice-versa.

Entrepreneurship, on this definition, does not hinge on novelty. Entrepreneurs seek resources beyond the ones they control, but they need not do so in original ways. Starting a humanities center on your campus is entrepreneurial even if there are hundreds like it on other campuses.

I suppose this definition is a little fuzzy. If you are required to propose next year’s budget, and there is a chance it will be cut, your proposal is sort of entrepreneurial. You are pursuing resources that you don’t control. But this kind of situation sounds like regular administration unless the odds of success are low and a great deal of creativity is needed to get the funding. At the other extreme, if you come up with a crazy new business plan, you are merely daydreaming, unless the odds of success are moderately good. Since being entrepreneurial seems to depend on operating in a zone of moderate uncertainty, entrepreneurship isn’t sharply delimited from other ways of operating. Also, since efforts either succeed or fail, it can be hard to tell whether an initiative was entrepreneurial. If it works, it looks like administration; and if it fails, it looks like daydreaming.

Finally, entrepreneurship isn’t good; it is a morally neutral category. But it is useful, nonetheless.
Thanks

freshdude99:

Ok then. Well different scholars in the field of entrepreneurship like peter drucker, Joseph Schumpeter, kaizner etc have defined entrepreneurship in various ways but those of Schumpeter and kaizner are in sharp contrast because of their different school of thoughts. But this definition of entrepreneurship am gonna give u now is the most concise and all encompassing of all. "Entrepreneurship" is said to be the pursuit of opportunity beyond resources you currently control by prof. Stevenson.
If you decide how to allocate a budget, personnel, or other resources that you have in hand, you are administering. If you make those allocations collaboratively, you are negotiating or deliberating. If you plan a ten-million-dollar house in your mind, without having any way to get the #10 million, you are daydreaming. If you have the capacity to seize someone else’s resources, you are stealing. But if you come up with a plausible plan to raise #10 million in voluntary investment capital, you are an entrepreneur.

You can be an entrepreneur (as opposed to a mere administrator) inside business, government, academia, or the nonprofit sector. Wherever you work, you must make plans that involve resources that you can get but don’t yet have.

The definition is not narrowly individualistic. In fact, Stevenson says, “Entrepreneurship is greater when successful members of a community reinvest excess capital in the projects of other community members.” So my entrepreneurship may depend on your behavior, and vice-versa.

Entrepreneurship, on this definition, does not hinge on novelty. Entrepreneurs seek resources beyond the ones they control, but they need not do so in original ways. Starting a humanities center on your campus is entrepreneurial even if there are hundreds like it on other campuses.

I suppose this definition is a little fuzzy. If you are required to propose next year’s budget, and there is a chance it will be cut, your proposal is sort of entrepreneurial. You are pursuing resources that you don’t control. But this kind of situation sounds like regular administration unless the odds of success are low and a great deal of creativity is needed to get the funding. At the other extreme, if you come up with a crazy new business plan, you are merely daydreaming, unless the odds of success are moderately good. Since being entrepreneurial seems to depend on operating in a zone of moderate uncertainty, entrepreneurship isn’t sharply delimited from other ways of operating. Also, since efforts either succeed or fail, it can be hard to tell whether an initiative was entrepreneurial. If it works, it looks like administration; and if it fails, it looks like daydreaming.

Finally, entrepreneurship isn’t good; it is a morally neutral category. But it is useful, nonetheless.
Thanks

That's really nice. you just told us different views of scholars. nonetheless, entrepreneurship is a business of your own. you are the CEO.

successincentiv:

That's really nice. you just told us different views of scholars. nonetheless, entrepreneurship is a business of your own. you are the CEO.

Did you actually read through?
Especially here.. "You can be an entrepreneur (as opposed to a mere administrator) inside business, government, academia, or the nonprofit sector. Wherever you work, you must make plans that involve resources that you can get but don’t yet have."
Well its actually good not to have a rigid mindset so as to enable u learn something new.
Have a nice day

freshdude99:

Did you actually read through?
Especially here.. "You can be an entrepreneur (as opposed to a mere administrator) inside business, government, academia, or the nonprofit sector. Wherever you work, you must make plans that involve resources that you can get but don’t yet have."
Well its actually good not to have a rigid mindset so as to enable u learn something new.
Have a nice day

Thanks at least i have learnt something. Share this to your friends
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