entrepreneur

Entrepreneurship is a practice of starting new organizations, particularly new businesses generally for new identified opportunities. Entrepreneurship is often a difficult undertaking, as a majority of new businesses fail. Entrepreneurial activities are different depending on typse of organizations being started. Entrepreneurship may involve creating jobs.

Many high profile entrepreneurial ventures seek venture capital or angel funding in to raise capital to build a business. Many types of organizations exist to support entrepreneurs, including specialized government agencies, business incubators, science parks, and some NGOs.

Characteristics of entrepreneurship
entrepreneur, has vision and enthusiasm for this vision, is the driving force of an entrepreneurship.
vision is usually supported by set of ideas not awared by majority of the market/industry.
overall blueprint to realize the vision is clear, however details may be incomplete, flexible, and evolving.
entrepreneur promotes the vision with an influential passion.
persistant and deterministic mindset, the entrepreneur devises a set of entrepreneurial strategies to thrive for the vision.

Dragons' Den is a series where entrepreneurs pitch their ideas to secure investment finance from elite business entrepreneurs. Such as a way of ensuing plants don't die when left at holiday time, a high-end glossy magazine, and a laser-guided spirit level all come under scrutiny. A entrepreneur on the show suggested "For a year or so now I've been telling anyone who cares to listen that business is the new rock'n'roll. Got a great idea?Then get a business plan, some funding, make millions and buy some fast cars and a mansion with a guitar-shaped swimming pool. It's easy, isn't it?"

In 1999 the entrepreneurial spirit was alive and well in British business, according to a report. One in every 30 adults in the UK was actively trying to start a business the highest figure in Europe.

Bill Gammell, was newly crowned Ernst & Young Entrepreneur of the Year for 2004, a non-typical former rugby international.
Players of his generation, he won five caps on the wing for Scotland in the late 1970s, are meant to go on to become after dinner speakers, or dabble in some rugby commentary work or newspaper punditry. By contest, Mr Gammell, who won the entrepreneur award on Monday night, went on to establish oil and gas business Cairn Energy. Today, the company, which he still leads as chief executive, is valued at £2.56bn ($4.6bn), and the 51-year-old's stake in the firm is conservatively estimated to be worth £30m.

social entrepreneurs

When Labour came to power, social entrepreneurs was a phrase being thrown around by Third Way thinkers looking for new ways to regenerate society. Their argument was simple. Society has problems. Neither government nor business had shown they could fix them. Perhaps it was time to invest in people at the coalface.

WHO MAKES A SOCIAL ENTREPRENEUR?
Community activists
People from business
Voluntary sector workers
People with an idea

tips

Get a nondisclosure agreement

Marketing is about being smart about who your customer is. It doesn't have to cost a lot of money.

Before you pitch practice in front of someone.

Keep it short. Ask yourself who benefits from your product and what benefit will they derive from it.

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