These illustrations are programmatically compiled from many on the internet resources to illustrate existing utilization in the term 'entrepreneur.' Any views expressed from the illustrations do not depict those of Merriam-Webster or its editors. Send us responses about these examples.
Substantial-company Substantial company entrepreneurship is a completely new business enterprise division made within an present enterprise. The present enterprise can be well positioned to department out into other sectors or it could be positioned nicely to become involved in new technologies.
an award for sth A not too long ago launched marketing agency received an award for finest advertising and marketing marketing campaign of 2009.
Throughout the identification of an issue, an aspiring entrepreneur has the capacity to Make a business all around fixing that difficulty.
No, twenty five isn’t far too late to be an entrepreneur. Entrepreneurship doesn’t have an age limit, therefore you’ll uncover lots of successful entrepreneurs who received their start out at numerous stages in their lives.
Entrepreneurial ecosystems Over-all, even though, entrepreneurship is often a essential driver of innovation and financial growth. Thus, fostering entrepreneurship is a vital Component of the financial expansion approaches of many neighborhood and countrywide governments world wide.
Another description by Israel Kirzner (born 1930) implies that almost all of improvements could possibly be incremental advancements – including the replacement of paper with plastic in the construction of a ingesting straw – that demand no Distinctive qualities.
Career generation. New Work go hand in hand with the beginning of new enterprises, which implies entrepreneurs Perform a crucial purpose in boosting work and supporting regional economies.
This action brings together an introspective look at what drives you (your pursuits and strengths) with thorough industry investigate to deliver insights into customer calls for, rising traits and underserved spots that are crucial to uncovering here excellent chances.
, which means "to undertake"). While the idea of an entrepreneur existed and was recognized for hundreds of years, the classical and neoclassical economists still left entrepreneurs out in their formal models.
California's Silicon Valley is commonly cited for instance of the very well-working entrepreneurial ecosystem. The location features a very well-produced enterprise capital base, a sizable pool of effectively-educated talent, specifically in technical fields, and a wide range of government and non-federal government packages fostering new ventures and delivering data and aid to entrepreneurs.
From there you can secure funding, sign up your business, create functions and work on building a potent brand and on the internet existence.
Within the early nineteenth century, the French economist Jean-Baptiste Say presented a wide definition of entrepreneurship, indicating that it "shifts economic sources away from a region of lessen and into a place of higher productiveness and increased produce". Entrepreneurs make anything new and exclusive—they change or transmute worth.
Crafting a solid brand for your company is about additional than just an excellent symbol and catchy tagline (Even though you undoubtedly want equally as part of your respective brand id package). In terms of your model, you’re seeking to produce a narrative and visual id that is both equally authentic and resonates with your focus on market: Your brand name Tale and tone of voice should really function along with your visual things to convey a concept that connects emotionally with your audience.