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Definition of Entrepreneur

It is called an entrepreneur or a person who knows how to discover, identify a particular business opportunity and then will arrange to organize or get the resources necessary to start it and more than carrying it to the good port. Generally, this term applies to designate people who from nothing, only, with the capital of the idea, manage to create or found a company or help another to do it.

Although there is no concrete definition of the term, characteristics such as flexibility, dynamism, creativity, adventure orientation, and risk, serve to describe very well the profile that the entrepreneur will observe.

Many, surely, will believe that this entrepreneur, is a relatively new concept, however, this is not so, but instead, the concept arose approximately at the beginning of the sixteenth century with the purpose and the rationale of naming Those adventurers who traveled to the New World to search and hunt for new opportunities, not knowing very well what they would find when they were in the goal . Also, the people involved with military expeditions were often called entrepreneurs. Then, in the eighteenth century, the French took over the term because they used it a lot to designate those who were dedicated to construction, such as architects.

Only in the middle of the eighteenth century, the French writer Richard Cantillion applied it with the economic sense that today has the term in the whole world: to refer to those entrepreneurs who play everything for an idea.

From what we have commented on the term, it follows that what makes an entrepreneur a person in addition to identifying a concrete business opportunity/expedition and not fear for the uncertainty that surrounds and characterizes primarily the same.

Obviously, in the economic context in which we live today, there is no longer an abundance of expeditionary eager to find riches and adventures in some virgin continent, therefore, people who have this entrepreneurial profile are usually more focused on the function or activity Of economic type, as for example can be those responsible for giving life to the majority of SMEs (Small and Medium Enterprises) that exist in the world.

It is an individual who is able to undertake a project rejected by the majority. Can interpret the real characteristics of the environment even though they are not apparent. He is capable of struggling against any inconvenience that runs through his strategy and is not afraid of failure. In addition, he is able to create a group with sufficient motivation that gives him the support he needs.

Undertake a company, that is, it is an important action. 2. to create a company, it is equivalent to a commercial or industrial organization that is dedicated to the exploitation of the company Both meanings the category of operation of scale, since in one case as in the other, the entrepreneur has to surpass all the resistances And difficulties that are opposed to its initiative, being its function to open its way in the world and materialize its project. To undertake or create a company, due to its complexity and the obstacles presented, is usually an arduous task. “The entrepreneurial entrepreneur in addition to having carried out the project, this should report them a commercial benefit. Military, scientific or educational projects report benefits, but not economic, but social. The nature of the business project is rooted in the market. It must satisfy a need expressed by the market.

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