Meaning of Entrepreneur (What is it, Concept and Definition)

What is an Entrepreneur:

An entrepreneur is a person who assumes responsibility for the design of projects, management and direction of a company.This implies, in a special way, taking responsibility for decision-making.fundamental for the fulfillment of the proposed goals.

As part of their responsibility, the businessmen act as a legal person.As such, they have the necessary legal powers to monitor the behavior of the companies, and establish criteria for administration and control that are beneficial.

Its incidence derives from the fact that the employer contributes capital and/or work, key points for any enterprise.

The name of the entrepreneur can apply to both business owners, such as investors/capitalists, shareholders or members of senior management.

It is understood, therefore, that entrepreneurs can act as regents, entrepreneurs, innovators or managers, without that i explain a detriment to your role.

Characteristics of an entrepreneur

The characteristics of an entrepreneur and the functions he performs may vary according to the type of participation proposed.As general characteristics , the following can be noted:

  • Propose and execute projects;
  • Delegate responsibilities to the team;
  • Inform themselves to control the results;
  • Develop strategies to solve problems;
  • Prevent scenarios of possible problems and difficulties;
  • Evaluate workforce performance;
  • Support the good performance of outstanding workers.

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