Who is an Entrepreneur by @dorismos || 7-5-22

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Greetings to everyone in this community. As an entrepreneur in this platform I've chosen to deliberate on the name of this community . Let me be frank and straightforward. The word Entrepreneur is business related. Before getting to know who an entrepreneur is, let's understand what entrepreneurship mean. Entrepreneurship is simply the act of starting a business with a unique set of skills including self motivation, determination and perseverance in the hope or goal of earning a profit. Entrepreneurship is a system where one incorporate specific business skills or abilities to solve large scale economic problems and influence social change.

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Entrepreneurship brings about new wealth, better standard of living and increased national income.Today, entrepreneurship is on the high as many venture into it to become fully independent of their professional lives and also on building their future.

Who is an Entrepreneur

From the explanation given above, we can vividly tell who an entrepreneur is someone who starts a business with the willingness of undertaking the risk involved in order to make money and secure his future. He is someone who create his market place and focus more on customers and employees.

Skills to become an Entrepreneur

There are basic skills you need to become an efficient entrepreneur. Let's take for instance, steemit social media platform. As an entrepreneur, you need to focus, be determined, good writing skills, engagement, creativity, originality, and understanding basic skills in the platform so as to excelin the writing world.In general, skills to become an effective, efficient, proactive entrepreneur are;

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• Communication skills
• Education and Career Outlook
• Business Strategy
• Ability to learn and develop one's mindset
• Understanding the skills
• Approachable and ability to market your products.

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How to become an Entrepreneur

Many today become fake entrepreneurs without first calculating the expenses, no set vision, no goal, no mission. To become an entrepreneur, you need to first of all consider and identity certain profitable ideas before venturing into the business. You can't just start up a pharmacy or business firm in an interior village and expect to be profitable. It's not possible. So the first step is;

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• Identify which business you see fit in being profitable, considering the area, your customers need in that particular area, and certain factors ....

• Focus on your goal and identify which category of goods you would venture in so as to be profitable in your own way.

• Business strategy and willingness to undertake any risk as a firm

• Validating your startup idea with buyer personal research.

• Starting with a minimum variable product

• Creating a good business plan because the work of an entrepreneur is mainly planning and activating plans. You need to consider your capital, area of business, availability of certain social basic amenities.Laying out an objective to follow is also vital.

Characteristics of an Entrepreneur

• Business minded
• Passionate and confident
• Creativity
• Open mindedness
• Risk-taking
• Planners
• Professionalism
• Social Skills
• Persistence
• Money managers. ...

The Differences between a business man and entrepreneur

A business man is different from an entrepreneur in diverse ways.

Entrepreneur	Businessman
He creates a market for his business	He uses the open market for his business
He starts an enterprise with a new concept or idea, undertaking risks and commercial activities	He uses existing ideas to start up his business.
He focuses more on his employees, customers and the public	He focuses on profits

Cc,
@steemkidss
@fredquantum
@ngoenyi