Talk:Entrepreneurship/Archive 1

Latest comment: 13 years ago by 121.1.11.162 in topic Small business failures

"The Elephant in the Room" with regards to Entrepreneurship and the current lead

I'm sorry. The first sentence on this page is kind of...primitive or something. Can someone think of anything better? I took a class on Entrepreneurship at Clemson University from the highest paid professor at the school, a man named William Gartner, and we discussed the definition of entrepreneurship, among other things, for the entire semester. I'm not suggesting a specific first sentence, but the first one, well, it could use some work. Most people only read the first couple of sentences and this lead is a bit...non-descriptive. —Preceding unsigned comment added by 64.134.29.126 (talk) 10:36, 10 September 2010 (UTC)

External Links

I do not agree with MrOllie's last edit on the page where he deleted all of external links except of one. There were links to sites (isemi for instance) which do not contain any promotions and do not sell anything to US. They just give information about entrepreurship. Therefore, I suggest to restore that kind of links.

O7oleg (talk) 07:30, 10 June 2009 (UTC)

Comments

external link [1] is broken..


The Global Entrepreneurship Montitor (http://gemconsortium.org/) conducts annually a cross country study of one measure of entrepreneurship: recent start-ups.

The above statement is not correct: the GEM is NOT a measure of recent start-ups. The Global Entrepreneurship Monitor is comprisesd of two instruments: an adult population survey and an expert survey which are designed among other things to measure early stage, nascent entrepreneurship but also to measure the ecology of entrepreneurial activity. This includes elements of the legal and financial system which are percieved by entrepreneurs and respondents to impeed the ability of individuals to start new firms. It also includes whether a society "values" entrepreneurial activity. The most proprietary measure produced by the GEM program is the Tendancy to Entrepreneurial Activity (TEA). This is a measure of the propensity to engage in entrepreneurship standardized against within-culture preferences, and is not a proxy for or merely a measure of recent start-ups. In many cases, TEA consists of individuals considering starting businesses within a given period of time, and is constrained not merely to recent firms but firms which are less than 42 months old. It is also not a single cross-country study but instead, these instruments are standardized and the surveys deployed by local teams across more than 60 countries. The standardization enables cross-country comparisons and aggregation of the data. The current GEM is managed by the Global Entrepreneurship Research Association, which is a consortia of more than 100 scholars in more than 60 countries. The GEM does consider itself primarily with for profit business and not forms of social entrepreneurship. —Preceding unsigned comment added by Entscholar (talkcontribs) 00:38, 1 October 2009 (UTC)

Employment versus Entrepreneurship

Employment is to survive in life.
Entrepreneurship is to succeed in life.

—The preceding unsigned comment was added by Maaparty (talkcontribs) 10:25, 23 January 2007 (UTC).

Employment is to work to fulfil boss's dreams,
Entrepreneurship is to work to fulfil our dreams.

—The preceding unsigned comment was added by User:Jameel (User talk:Jameelcontribs) 4:53, 14 August 2008 (UTC).

Improvement drive

A related topic, Grameen Bank, has been nominated on Wikipedia:This week's improvement drive. Contribute your expertise and vote for Grameen Bank on Wikipedia:This week's improvement drive!--Fenice 06:47, 10 August 2005 (UTC)

the entrepreneur -- section

See Also section

Please add link to Wikipedia article: Search Fund —The preceding unsigned comment was added by 66.253.29.2 (talk) 17:06, 5 January 2007 (UTC).

If you want to start a business you should have a big plan of how you want to do it and then no matter where you are in your life you can start the bussiness.

References -- section

[This comment was removed from the References, and placed here, where it is more appropriate.]

We have examples of communities like Gujarati, Marwari community from India. That is a good example to discuss and analyse how this community migrated and establish themselves as successful entrepreneur at different places.

The following reference should be added to the Entrepreneurship reference list: World Bank Group Entrepreneurship Database, http://www.ifc.org/ifcext/sme.nsf/Content/Resources, 2006.

Needs Semi Protection Notice

This page does not have the semi protection catagory or tags on it, yet it seems to be semi-protected (message appears in edit box). Dylan 02:19, 2 January 2007 (UTC)

incorrect source

the source: The Economist, March 11, 2006, pp 67) should read The Economist, March 9, 2006, pp 67)

External links

I put a link back up because it is a link to useful information that can't be incorporated into the article. It's full of articles and papers by various committees studying entreprenuership. There are also databases somewhere, too. If anyone has a problem with this link tell me! sex me harder

Enterpreneurship line words

......................hehehehe........ —Preceding unsigned comment added by 124.83.17.129 (talk) 03:26, 19 June 2008 (UTC)

Whats so funny? —Preceding unsigned comment added by 71.131.2.69 (talk) 22:24, 8 July 2008 (UTC)

Entrepreneur

What is Entrepreneurship??

An entrepreneurship is a business or other organization started by an entrepreneur, or business person. The enterprise can be for profit or be a non-profit venture. Business management skills, marketing knowledge, an understanding of the demand of the product or service as well as risk management analysis are all crucial considerations in an entrepreneurship.

Risk management is important when starting up a new business, especially as many entrepreneurships fail in the first year. Expenses have to be covered and the entrepreneur must have the initiative and time available to invest in the enterprise. The risks such as start-up funds that could be lost have to be calculated and then deemed acceptable by the prospective entrepreneur before he or she goes ahead with the entrepreneurship.

The demand for the product or service also has to be calculated carefully by the prospective entrepreneur. What is the expected demand for the product or service? Will the business be able to meet the expected demand? These are just some of the questions that need to be answered before deciding if an entrepreneurship is a good idea.

Marketing knowledge is also essential for the entrepreneur. He or she must understand how to promote the product or service, what price it should be sold for, how and when the product will be produced and how and where the product will be sold. There are many marketing details to be figured out if the entrepreneurship is to be a success.

Business management skills such as planning, budgeting, record-keeping and negotiating are also important to an entrepreneurship. The entrepreneur must be able to work well alone on many different aspects of the business, at least until employees are hired. Entrepreneurships are considered beneficial to the economy as they usually create new jobs as they experience growth.

Non-profit entrepreneurships can provide needed community services, but they require the same skills as for-profit businesses. These entrepreneurships must meet regulations about how donations are used and often must have their finances publicly displayed. Most non-profit entrepreneurships rely on volunteers to meet their objectives.

Entrepreneurship

questtion -

1. Discuss the genetic point of view of Entrepreneurship, if they are born or made. (detailed discussion needed)

2. how to write a business plan —Preceding unsigned comment added by 41.204.224.15 (talk) 10:41, 9 March 2009 (UTC)

LILO entrepreneurship

added this section: In 2009, a new type of entrepreneurship emerged known as LILO entrepreneurship. LILO stands for "a little in, a lot out". This type of entrepreneurship does not use business plans; opting for a inmediate try-out at minimal expense instead. LILO enterprises are set up with a minimum of start-up capital and are designed to operate at very low cost. Some of the companies set up via LILO entrepreneurship are no more costly than a hobby. [1] —Preceding unsigned comment added by 91.182.199.16 (talk) 17:15, 19 June 2009 (UTC)

edit?

Under "Advantages, #19, what is "iffience"? & resources is spelled wrong. Stars4change (talk) 17:02, 4 September 2009 (UTC)

Small business failures

"The Rich and the Super-Rich" by Ferdinand Lundberg: "The best advice to 85 to 95 percent of Americans contemplating opening their own business would, in light of the facts, be "Don't." "The small business enterprise has been steadily driven out of business by failure...in the 1960's exceeding 15,000 annually... The figures tell little of blasted hopes in the uneven race toward business success...It is almost a cardinal rule that only small businesses go out of existence through bankruptcy... One of the effects of the propaganda about business success (propaganda based on a meager number of instances) is to encourage each year thousands of illusion-ridden citizens to jump into the business whirlpool. .. All they accomplish in most cases, sooner or later, is to enrich with their small bankrolls the coffers of suppliers of business equipment... By every known sign, entering into business for oneself in the United States is now, and always has been, a highly risky affair... Most who remain in business do so on the thinnest of survival margins... Many are hopelessly in debt. A simple run of unseasonable weather... But in addition to misfortunes of local circumstance there stand in the background the asset-heavy large enterprises, which survive all vicissitudes, like granite cliffs against the sea." Entrepreneurs usually blame themselves for failure instead of the System. Stars4change (talk) 17:36, 4 September 2009 (UTC)

"In business, under the American system, each year the failures exceed the new successes by a very, very, very wide margin... It has failure literally built into it. It is indeed a near miracle, front page news, when anyone really makes it... misleading propaganda... By the one-sided stressing by propaganda organs of the few successes, many are lead to lose their hard-earned savings in establishing new businesses... His doom is virtually sealed with his very first move..." Stars4change (talk) 00:48, 6 September 2009 (UTC)

entrepreneurship is an economic concept. The word entrepreneurshipo is drived from the frech word entreprendre the meaning of which is to undertake the risk of new entrprise —Preceding unsigned comment added by 59.93.213.252 (talk) 12:53, 24 November 2009 (UTC)

I am altering the line that reads: ...act of being an entrepreneur, which is a French word... Entrepreneur is in fact, not a French word, it is also an English word. There are dozens of words shared between both languages and adopted from either one. While the word rntrepreneur may originate from French it is as English of a word as any other loan word. —Preceding unsigned comment added by 84.227.224.8 (talk) 22:15, 11 November 2010 (UTC)

entrepreneur is a locomotioned played by adiccted or shabu —Preceding unsigned comment added by 121.1.11.162 (talk) 10:06, 1 December 2010 (UTC)