| Who
is an entrepreneur?
An entrepreneur ......is the driving force of an enterprise
- provides
vision and long term goals to the organization
- promotes
his vision with passion
- is
persistent and determined to develop strategies
that will translate his vision to reality
-
is an innovator who thinks differently and comes
up with novel solutions
- is
a prudent risk taker
- lacks
the fear of failure and is comfortable with ambiguity
- is
a self-motivator
- is
a positive thinker and a decision maker
- is
driven by needs of achievement and independence
If you are an inventor who wants to take complete
ownership of your project, but still not interested
to start your own business, does that make you an entrepreneur?
Symphony's CEO Romesh Wadhwani believes that entrepreneurship
reflects the "ability to smell an opportunity,
to solve problems in an innovative way and to improvise
on the environment". By extension, entrepreneurship
can be created within organizations too.
In fact, there is also a name for it - Intrapreneurship.
With increasing decentralization in big businesses,
intrapreneurship has come to define the new age manager.
An intrapreneur has an entrepreneurial mindset and pushes
for continuous generation of innovative ideas within
the organization. He takes complete ownership of his
unit and runs it as his own start-up.
Additional
Readings
I
became an entrepreneur by accident: Nandan Nilekani,
Co-founder, Infosys How to deal with gender bias? Biocon
Chief Kiran Mazumdar Shaw tackles the question. Entrepreneurship
is a mindset.
MBAUniverse.com
Entrepreneurship channel has been created with expert
inputs from National Entrepreneurship Network (NEN).
NEN is a not-for-profit initiative of the Wadhwani Foundation
working to inspire, educate and support the younger
generation of entrepreneurs. The organization was co-founded
in 2002 by leading Indian institutes, including IITBombay,
IIM-Ahmedabad, BITS Pilani, SP Jain and IBAB. Visit
NEN at www.NENOnline.org.
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