Entrepreneur

The business owner does not have the entrepreneurial feeling in him . He does not possess some of the qualities of a true entrepreneur , which are (1 ) he is not an innovator (2 ) he is not a risk-taker (3 ) he does not strain and grab opportunities , and (4 ) he is satisfied with small and sure returns in business . For the Austrian economist , Joseph Schumpeter , entrepreneurs are innovators who reform or revolutionize the pattern of production (Dees , 1998 ,.2 . Professor J . Gregory Dees of the Stanford University have School of Business wrote that entrepreneurs are risk-takers who are concerned with possibilities kind of of problems . According to Peter Drucker the entrepreneur constantly seeks change , responds to it , and exploits it as an opportunity (Dees , 1998 ,. 2 . The entrepreneur goes for the business with high returns .

For the French economist Jean Baptiste Say entrepreneurs shift economics resources from areas of pull down yield to those with higher yield (Dees . 1998 ,. 2The Business Owner s doctrine of wanting the best for his family is admirable . What is unacceptable is his choosing to pass up opportunity to make money because of anticipated problems . His worry could be the money he would borrow for his business . His misgivings would be how to generate up in time . Another worry could be that the growth of the business might take his time onward from his family . Another problem would be the presence of other owners on the Board . Making decisions for the company , both minor...If you want to contain a full essay, order it on our website: Orderessay

If you want to get a full essay, wisit our page: write my essay .