Meaning of Entrepreneur
Tuesday, April 27th, 2010Cantillon defines an entrepreneur as one who bears uncertainty, buys labor and materials and selld products and uncertain prices. He is one who takes risks and makes innovations on the factors of production.
In french concept, an entrepreneur is an adventurer. He does new things or does things in a new way. He supplies new products makes new techniques of production discovers new markets and develops new sources of raw materials.
Peter Drucker says that n entrepreneur always searches for change, responds to it and exploits it as an opportunity.
Say, an economist, explains that an entrepreneur is one who shifts economic resources from an area of lower productivity to an area of higher productivity and greater yield.
what we are calling about isn’t urgent and a few hours won’t make or break the deal. When I moved to California, I feared it would be impossible to run my Internet travel agency with East Coast customers. It wasn’t. My voice mail explained I was in California and asked customers to leave both day and evening numbers to reach them. People in the East think Californians are flakes anyway, so they accepted the unusual hours. In fact, it was a plus, because, since I specialized in exotic spa vacations, many people didn’t want to discuss mud wraps and de-stressing getaways at their jobs anyway. Fellow West Coasters understood the odd hours. What If I Have to Work During Regular Business Hours? Never answer the phone when you are sleepy. Trust me. I found this out the hard way. If you can afford it, hire someone or an answering service to cover the phones for the first few hours. Even if you have to get back to customers