My Business Project Is About Entrepreneurship - 2077 Words

Introduction: My business project is about entrepreneurship. It explains in depth what it is and gives many different aspects of it like: qualities, contribution to the economy, disadvantages and advantages, South African entrepreneurship and statistics, etc. The other part of my project is about a famous entrepreneur called Elon Musk - he is known as the ‘21st century Innovator’. I will illustrate his success story, all the products he’s designed and how he’s â€Å"shaping our future†. This project has taught me about the qualities that entrepreneurs possess. Definition of Entrepreneurship: Entrepreneurship is officially defined as the â€Å"capacity and willingness to develop, organise and manage a business venture along with any of its risks in order to make a profit.† It is a method of starting a new business, designing products or services that will be sold and launched either in the form of a product or service to make a profit. Many people, including me, assume that entrepreneurship is just coming up with a great idea and starting a new business but it could be more than just that. It is a new way to solve problems and a different or more creative approach to change the way people live by making it better, more efficient and more technological. Qualities of a good entrepreneur: ïÆ' ¼ Perseverance: energy and need to overcome business problems. If something goes wrong, they will not give up but try harder to solve the problem. ïÆ' ¼ Self-confidence: accept the fact that someShow MoreRelatedA Research Study On Business Education1565 Words   |  7 Pages Running head: LEVERAGING RESEARCH TOENHANCE UNDERGRADUATE BUSINESS EDUCATION 1 Leveraging research to enhance undergraduate business education Luke Maass Northwest Missouri State University Authors note This paper was prepared for Student involvement in research activities in U.S. business schools used to be primarily offered to graduate students. 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