Entrepreneurship is just a stage in the enterprise lifecycle

Most new businesses commence with someone seeing an opportunity and developing the resulting idea into a visualized product, service, or event in the future. This is the result of perception, an interpretation, combining perceptions and interpretations with prior knowledge into an idea, and the development of the motivation to take action upon that idea. In most cases the idea does ...

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There is no such person as an entrepreneur, just a person who acts entrepreneurially

Finding common characteristics shared by all entrepreneurs has been an elusive task. Back in the 1960s researchers have tried to link entrepreneurs to psychological traits and characteristics with the hope that questions like ‘why do some people see opportunity, when others do not?’,’is there any difference between people who are entrepreneurs and non-entrepreneurs?’, and ‘can a psychological profile be developed ...

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