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What is an entrepreneur

An entrepreneur is, in short, an individual who owns an enterprise, firm, venture or company of any size, and assumes significant accountability for the inherent risks and outcomes with regards his or her company.

While the definition of what an entrepreneur is, is relatively simple, the definition for what is a good entrepreneur is slightly more difficult: not everyone who owns a company is a good entrepreneur. You for instance need to be able to be a leader. This means you need to be capable of managing people, your company’s affairs and possible challenges simultaneously. You need to be able to plan ahead, without losing track of the present.

A good entrepreneur is furthermore someone with a high level of self-confidence, someone who is passionate about what he or she is doing, and knows how to deal with competition. In addition, a good entrepreneur is someone who wants to make his business grow, but not at all cost. He or she needs to be as efficient as possible when it comes to doing business. Last but certainly not least: a good entrepreneur is a person who has a vision and great ideas, and is willing to work hard to turn this into practice. In other words, patience and dedication are important too.

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