Do You Call Yourself an Entrepreneur?
Just a little question for us all. I feel someone might need this (I know it wouldn't be everybody)...
The Oxford Dictionary defines an entrepreneur as:
"The owner of an enterprise who, by risk and initiative, attempts to make profits..."
Going by this definition, an entrepreneur must own an enterprise; it doesn't matter if you own a small, medium-sized or large enterprise, what you need is any type of enterprise and the first part of the definition describes you.
The second part of the definition talks about risk and initiative. A lot of times entrepreneurs embark on novel tasks and they often have to depend largely on gut feeling and initiative to make decisions which they think is best. All entrepreneurs have to manage risks.
And the final part of the definition gives perhaps the most significant thing entrepreneurs hope to achieve when they start businesses - To Make Money. And because I do all three, I think I can refer to myself as an entrepreneur. What about you?
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