Posted on June 22, 2009 in Entrepreneurship with No Comments
Everything is considered impossible before it works. And, entrepreneurial thinking is all about doing what people say is impossible. It is about discovering new opportunities and knowing how and when to profit from them. Entrepreneurship is not a trait that is inherent in an individual. It has to be cultivated over a period of time. [...]
Posted on June 6, 2009 in Entrepreneurship with 1 Comment
Starting a new business is an exciting affair. A business startup needs a lot of planning and thinking. Many important decisions need to be made about its various aspects. The business startup may deal in products or services and its operations, administration and marketing have to be taken care of. It is a challenging task. [...]
Posted on June 3, 2009 in Entrepreneurship with 17 Comments
Entrepreneurship is the practice of embarking on a new business or reviving an existing business by pooling together a bunch of resources, in order to exploit new found opportunities.
What is Intrapreneurship?: Intrapreneurship is the practice of entrepreneurship by employees within an organization.
Difference between an entrepreneur and an intrapreneur:
An entrepreneur takes substantial risk in being [...]
Posted on June 1, 2009 in Entrepreneurship with 2 Comments
Leadership is about ascertaining a method for people to contribute so that it can result in a significant achievement. It is a process that enables a person to influence others to achieve a goal and directs an organization to become rational and consistent. Leaders carry out these processes by leveraging their leadership traits such as [...]
Posted on May 28, 2009 in Entrepreneurship with 3 Comments
Entrepreneurship is a critical element in the growth of an economy. It is estimated that there are about 20 million entrepreneurs in the US. India ranked second in Total Entrepreneurship Activity (TEA) according to the Global Entrepreneurship Monitor Report for the year 2002. Subsequently, India slipped in TEA rankings.
For its size, India has lower [...]
Posted on May 28, 2009 in Entrepreneurship with No Comments
The word ‘workaholic’ combines the term ‘work’ and the suffix ‘-holic’. Though it is negative in connotation, sometimes it is used by people to highlight a person’s devotion to his job or profession. The term ‘workaholic’ is viewed in a negative sense when it leads to neglect of family and other relations. If a person [...]
Posted on January 25, 2009 in Entrepreneurship with 1 Comment
By definition, entrepreneurship is the practice of starting a new business/venture or reviving an existing organization. Entrepreneurial actions vary depending on the nature of business. Entrepreneurs seek funding from venture capitalists and NGOs. Usually, such investors expect higher returns on their investments. The very reason they invested in the venture of a greenhorn is because [...]