Why Do You Need A Business Plan To Be A Successful Entrepreneur

Entrepreneurship or entrepreneur is not a new word to the world now. This generation is aware of the introduction, importance and prospects of being an entrepreneur or about entrepreneurship, now more than ever. The concept of entrepreneurship is dated way back than one might expect. We knew it with the names such as the barter system or the basic-business-system somehow, around 20,000 years ago according to one research. As the time passed, we saw the contemporary entrepreneurship and every nation saw their best entrepreneurs. People such as Sam Walton, Walt Disney, Henry Ford and Steve Jobs.

Entrepreneurship in Contemporary Times:

The history of modern or contemporary entrepreneurship can be traced back to the 17th century. When true recognition of risk-factor and its development is dated back to 17th century. Entrepreneurs are the agents of the economic change; planning, handling, and assuming market risks is their responsibility. Entrepreneurs have the characteristics such as: being opportunity hunter, risk taker, setter of the goals, fine strategist, problem solver with due confidence, diligent, hardworking, persistent, and committed. Read More..