Generally speaking, the paper "How Did I Become An Entrepreneur" is an outstanding example of business coursework. An entrepreneur is someone who devises a new production methodology for producing goods or services based on a new concept that no one else has ever come up with (Kelley et al. , 2012). With the help of existing technological know-how or inventions, an entrepreneur is able to initiate a process that will capitalize on the existing raw materials and tools to produce goods and services for the consumer. The goods and services provided by the entrepreneur should be able to add value to the economy of the region in which he/she comes from and also in the long run he/she should benefit in the process.
The entrepreneur should take the risk of either success or failure of the new invention in the market and will eventually earn the rewards. Although the fear of failure may be there the entrepreneur should be able to see his/her business idea succeed in the market. Entrepreneurship is a term used in a business environment. It entails money-making which is commonly understood by many.
Entrepreneurship involves coming up with an idea that no one else has capitalized on it to set up an enterprise. There are many forms of entrepreneurship and the problems encountered by the entrepreneur in making a successful business idea practically achievable (Baum et al. , 2014). Skills and attributes of an entrepreneur Like in any other field one should have the right attitude in order to succeed in the business adventure? It is also necessary that one should have skills that will help him/her to succeed in the business adventure as an entrepreneur.
However, the entrepreneur can easily acquire skills if he/she is willing to learn them, unlike individual characteristics and attributes which are normally not easy to change and acquire. Although the entrepreneur might not be in a position to acquire the skills likewise he/she can hire people with the necessary skills. The following are the skills that are necessary for each and every entrepreneur to succeed; Interpersonal skills: this is the ability to establish and maintain a good relationship with the business and the customers.
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