What is the meaning of entrepreneur: In the last few articles, we’ve focused on entrepreneurship, its origin, functions and key characteristics. In today’s article, we’ll focus on answering the question — what is the meaning of an entrepreneur. I’m sure you’ve heard or read about this in different formats. Most times, loosely entrepreneurship is treated synonymously as a business.

What is the meaning of Entrepreneur?

We answered this question loosely in the article what is a startup, the difference with small business. As defined previously, the word entrepreneur comes from a French word — Entreprende meaning undertaking a task. Inherently, this means taking a risk and…

Business plan for a startup: No matter what stage your business is in, the business plan is one of the most important assets. Looking back at my startup fundraising days — I can recall the number of times investors asked us multiple questions on it. Considering that it is the best asset you have as an entrepreneur, it makes sense to have this finalised as much as possible. However, you need to be careful that the plan alone will not take up all your time since you also need to work on execution.

As a founder, your biggest asset is…

https://images.pexels.com/photos/572056/pexels-photo-572056.jpeg?auto=compress&cs=tinysrgb&dpr=1&w=500

Entrepreneurship is an opportunity to create wealth: In this article, we would like to highlight the possibilities of entrepreneurship for macroeconomic impact or wider impacts. Most times, we talk about entrepreneurship in the light of business profits, growth and scaling. In this discussion, I’d like to spend some time on the following:

  • The value created for end-users
  • New jobs added to the market
  • Competition resulting in enhanced services in the market

Meaning: Entrepreneurship is an opportunity to create wealth

Every entrepreneurship is a daring venture. We talked previously about the purpose and impact of entrepreneurship while talking about what is a startup. If you look closely, a business…

Difference between entrepreneur and businessman: This article explores the differences between entrepreneur and businessman. Although these terms tend to be used interchangeably, subtle differences qualify them. The table below shows a simple way of differentiating the two. In further sections, we explain each of these areas further to indicate how different they are.

Key areas considered in this article are:

  • Meaning and definition of businessman and entrepreneur
  • Areas of focus and operation
  • Competition in the market
  • Risks for the type of business
  • Market and defined area of focus

1. Meaning and definition — Entrepreneur Vs Businessman

While exploring the difference between entrepreneur and businessman we start with the…

What are the four types of entrepreneurship? : In this article, we discuss the four types of entrepreneurship and their differences. Differences between these types of entrepreneurship include priorities, areas of focus and the operational model. This article provides a high-level overview of the characteristics of the types of entrepreneurship. For more details about the characteristics of entrepreneurs, please refer to our linked article.

The four types of entrepreneurship are:

  • Small Business Entrepreneurship
  • Scalable startup Entrepreneurship
  • Large company entrepreneurship
  • Social Entrepreneurship

More details about the four types of entrepreneurship are below:

Small Business Entrepreneurship

The word Entrepreneur is derived from: A brief article talking about the meaning and origin of the word entrepreneur. In this article, we also talk about the meaning of entrepreneur, entrepreneurship and its purpose. In summary, the word entrepreneur is derived from a French word meaning to take a risk. These risks culminate in the creation of something beautiful — a business born out of an idea.

Origins: The Word Entrepreneur is derived from Entreprende

The word entrepreneur is derived from the French word entreprendre. It means ‘to undertake’. Thus, an entrepreneur is a person who undertakes the risk. …

Today, I want to talk about a brilliant podcast about pay rises in an organisation. In the past, I took inspiration from a quote by Robert Bosch — I don’t pay good wages because I have a lot of money, I have a lot of money because I pay good wages.

For details on this discussion, please refer to Managing Employee recognition Vs Pay Hikes. The podcast starts with a premise as to how debilitating it is to be motivated only by money. Granted that money is a motivator, but a horrible feeling when you are trying to make ends…

In this article, we talk about the 4 types of entrepreneurs. Most times a new venture is referred to as entrepreneurship. A few days ago, we talked about the meaning and distinction between a startup and entrepreneurship. Today’s discussion walks through the types of entrepreneurs so that you can decide which type of network you need to aspire for.

In practical terms, this distinction is helpful to attract the corresponding type of investors or being in the incubators. As an entrepreneur, it is extremely important to be in the right network. If you can categorize your business in the right…

In today’s article, we will talk about the 4 d’s of time management and how to use them to prioritise your time. Last week, in time management skills — we spoke about the importance of prioritising time to reap benefits. The 4d’s of time management is one of the most popular strategies to find a better balance in utilising your time.

Meaning of 4 d’s of time management

The 4 d’s of time management was created by Jack Canfield in his book — The power of focus. Your time is one of the most precious things you can control. …

Not Having Enough Time: Time Management is one of the most beautiful challenges and opportunities you’ll be given. The best part of the time is that it is equally distributed — whether you are a poor person or the CEO of a company — time is the fairest resource of all.

Yet, we’re all busy and don’t have enough time for the things we like to do. Inspiration for this discussion is the lovely quote from Charles Buxton “You will never have time for anything. If you want time, you must make it!”

I don’t have enough time!

Have you caught yourself saying this? Do…

Vinay Nagaraju

Head of Product Development, 10+ years in senior management and leadership with a passion for innovative processes and management

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store