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What is an Entrepreneur?

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What is an Entrepreneur?

According to Wikipedia, an entrepreneur is a person who has possession of a new enterpriseventure or idea and is accountable for the inherent risks and the outcome.[note 1] The term was originally a loanword from French and was first defined by the Irish-French economist Richard Cantillon. Entrepreneur in English is a term applied to a person who is willing to launch a new venture or enterprise and accept full responsibility for the outcome. Jean-Baptiste Say, a French economist, is believed to have coined the word "entrepreneur" in the 19th century – he defined an entrepreneur as "one who undertakes an enterprise, especially a contractor, acting as intermediatory between capital and labour".[note 2] A broader definition by French Economist J.B. Say (1800) "The entrepreneur shifts economic resources out of lower and into higher productivity and greater yield."

Wikipedia: accessed May 21 2011

The ReSourceful Entrepreneur 

The resourceful entrepreneur is versatile, agile and fast – can adjust to the constantly changing demands of a world which shifts not just from day to day, but often from moment to moment. This requires energy, persistence, and enthusiasm which are underpinned by inner strength and self-awareness, and ability to build and sustain relationships.  A resourceful entrepreneur requires imagination, analytical skills and action – ideas have to be implemented in order for anything to happen, otherwise our entrepreneur inhabits fantasy land and possesses an empire existing only on paper.


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