Entrepreneurship Skills

►Entrepreneurship is the dynamic process of creating incremental wealth. The wealth is created by individuals who assume the major risks in terms of equity, time and/or career commitment or provide value for some product or service. The product or service may or may not be new or unique, but value must somehow be infused by the entrepreneur by receiving and locating the necessary skills and resources efficiently and effectively.✦

►Entrepreneurship is thus considered as the process of creating something new with value by devoting the necessary time and effort, assuming the accompanying financial, psychic, and social risks, and receiving the resulting rewards of monetary and personal satisfaction and independence that comes with it.✦

►This definition stresses four basic aspects of being an entrepreneur regardless of the field. First, entrepreneurship involves the creation process, creating something new of value. The creation has to have value to the entrepreneur and value to the audience for which it is developed. This audience could be✦

➻ The market of organizational buyers for business innovation,✫

➻ The hospital’s administration for a new admitting procedure and software,✫

➻ Prospective students for a new course or even college of entrepreneurship ✫

➻ The constituency for a new service provided by a non-profit agency.✫


►Secondly, entrepreneurship requires the devotion of the necessary time and effort. Only those going through the entrepreneurial process appreciate the significant amount of time and effort it takes to create something new and make it operational.✦

►For the person who actually starts his or her own business, the experience is filled with enthusiasm, frustration, anxiety, and hard work. There is a high failure rate due to such things as poor sales, intense competition, lack of capital, or lack of managerial ability. The financial and emotional risk can also be very high. What, then, causes a person to make this difficult decision? The question can be best explored by looking at the decision process involved in becoming an entrepreneur.✦

【Topics Covered in This App are Listed Below】

⇢ Entrepreneurship Skills - Overview
⇢ What is Entrepreneurship?
⇢ Who is an Entrepreneur?
⇢ Who is an Intrepreneur?
⇢ Who is a Technopreneur?
⇢ Types of Entrepreneurs
⇢ Roles of an Entrepreneur
⇢ Added Roles of an Entrepreneur
⇢ Entrepreneurial Motivations
⇢ Non-motivational Factors that Influence Entrepreneurship
⇢ Need for Achievement
⇢ Risk-taking Propensity
⇢ Tolerance for Ambiguity
⇢ Goal-setting Strategies
⇢ Prioritizing Goals based on Re-Gating
⇢ SMART Goals
⇢ Creating a Productivity Journal
⇢ The Urgent Vs Important Matrix
⇢ The 80/20 Rule
⇢ How to be a True Entrepreneur
⇢ Effective Communication
⇢ Presentation Skills for Entrepreneurs
⇢ The 17 Skills Required to Succeed as an Entrepreneur
⇢ These 10 Peter Drucker Quotes May Change Your World