Welcome to the 1520 Perfect Dictionary

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Entrepreneurship
ENTREPRENEURSHIP

Definition: The ability to make money from starting or running businesses, especially when it involves taking financial risks.
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* Person with ability should have all nine qualities.


1. Dedication (purposefulness).

2. Competitiveness (competence).

3. Determination (doggedness).

4. Energetic & active (healthy).

5. Sensible, informed (smart, knowledgeable).

6. Engages in fair trade/dealings (best practice).

7. Environmentally-friendly (eco-friendliness).

8. Perseverance (engaging, patient).

9. Law-abiding (correctness and exactitude).
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See perfect ENTREPRENEUR(1).

See perfect RISK-TAKING.




a. It's all about the vision of the entrepreneur.

b. Good planning is needed to survive out there !

c. Very important to be alert or alive to opportunities.

d. An excellent management system is a must have.

e. Employees, if any, must be fully and productively engaged.

f. Goal(s), that is, target(s) must be specific and identifiable.
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See perfect MONEY-GRUBBER.
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See perfect RISK MANAGEMENT.



Quote: "If you want to be an entrepreneur, it's not a job, it's a lifestyle. Forget about vacations, about going home at 6 pm - last thing at night you'll send emails, first thing in the morning you'll read emails, and you'll wake up in the middle of the night. But it's hugely rewarding as you're fulfilling something for yourself". - Niklas Zennstrom.

Quote: "As an entrepreneur, it's easy to take on all of the responsibilities required to run your business - though it's not easy to manage them all. But before you can do that it's important to hire trustworthy employees and train them well". - Brittney Helmrich.

Quote: "An entrepreneur tends to bite off a little more than he can chew hoping he'll quickly learn how to chew it". - Ray Ash.

Quote: "No entrepreneur I know is motivated by money. It's the idea; seeing how far you can go". - Anita Roddick.

Quote: "My best entrepreneurial advice is to start". - Dave Morin.

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