FYI logo

What is entrepreneurship? How to start a business? What is the essence of entrepreneurship?

Entrepreneurship is actually a process of integrating one's own resources and external resources to create greater economic and social value

By Photo Published 2 years ago ā€¢ 3 min read

As we begin to learn business wisdom and master the business journey, we must be clear about one important concept: what is entrepreneurship? Maybe my interpretation is not what you already know as common sense. At that time, I did not know what I was doing was called entrepreneurship, nor did I know what positioning, products and marketing concepts were. We Just did it, so the entrepreneurship at that time was really confused and more like trying to prove something. What is entrepreneurship? When "mass entrepreneurship and innovation" once became a national strategy, when a group of fresh graduates entered the business world with their parents' money, when countless young people started companies and factories, when entrepreneurship has become a flood, we have forgotten the essence of entrepreneurship. Especially for students, it seems like you can't succeed without starting a business, and if you don't start a business, you're embarrassed to meet people. Before starting a business, ask yourself: what is starting a business? And what is the purpose of entrepreneurship? Almost everyone regards starting a company and running an entity as a boss as entrepreneurship, and the connotation of entrepreneurship is far from being so narrow as we imagine. For example, in 2005, a couple of teachers in the United States died childless and were found to have a staggering $857 million when their estate was cleared. Where did their wealth come from? It turns out that in 1960 they put their only $50,000 in savings into a company stock and left it untouched for 45 years. It's called Berkshire Hathaway and its chairman is Warren Buffett.

What is entrepreneurship? Entrepreneurship is actually a process of integrating one's own resources and external resources to create greater economic and social value. In this sense, the act of increasing the value of your family and related personal and family assets through the allocation of family assets is called entrepreneurship. Starting a company or factory is not entrepreneurship, it is just a form of entrepreneurship. All of us are fit to start a business, because we simply allocate our family assets, buying bonds, real estate, funds, stocks, futures, investing in equity, and we are starting a business. Compared to the wealth of most people, this couple of American teachers have a big or very big career? Of course, the "entrepreneurship" in business is still a specific form of entrepreneurship. It refers to the behavior of a person who thinks he has found business opportunities and sets up a specific enterprise such as a company or factory for continuous operation and the purpose of obtaining benefits and realizing value. Everyone can start a business, but not everyone is fit to run a company or a factory. Entrepreneurs who open companies and factories are a group of special entrepreneurs, their chances of success is so low, their contribution to society is so great, we must cheer for them, cheer for them, applaud for them. The success of entrepreneurs has little to do with education. In a sense, those who have not been to college are more likely to make great achievements if they know how to learn. Chinese education cultivates people's scientific literacy, but lacks humanistic literacy, which is related to morality and cultivation. The advantage of going to college is that you can enter a good platform to learn and grow up, quickly accumulate experience, and have a greater probability of entrepreneurial success. But entrepreneurship is more than persistence and toughness, but also the spirit of adventure, in a comfortable environment for a long time, inertia will also occur.

Successful entrepreneurs must have leadership and presentation skills that can be learned. Entrepreneurial success has natural opportunity, natural opportunity is continuous progress. You have to make yourself worth something; Making the ultimate choice in the toss; Finally, on the premise of a clear direction to continue to progress, to end as the beginning of continuous action to achieve the goal. Finally, what is entrepreneurship? The essence of entrepreneurship is growth. Entrepreneurship is the process of life management, you are a life startup.

Pop Culture

About the Creator

Photo

Waiting for you

Enjoyed the story?
Support the Creator.

Subscribe for free to receive all their stories in your feed. You could also pledge your support or give them a one-off tip, letting them know you appreciate their work.

Subscribe For Free

Reader insights

Be the first to share your insights about this piece.

How does it work?

Add your insights

Comments

There are no comments for this story

Be the first to respond and start the conversation.

    Photo Written by Photo

    Find us on social media

    Miscellaneous links

    • Explore
    • Contact
    • Privacy Policy
    • Terms of Use
    • Support

    Ā© 2024 Creatd, Inc. All Rights Reserved.