Who is an entrepreneur

Running a business gives you a sense of financial independence and empowerment. You can build things and then watch them grow. 

Entrepreneurs make their own decisions, realize their creative vision, and cultivate long-term relationships with other entrepreneurs and customers.

You don’t need a degree or a certain job to become an entrepreneur, but you need a lot of knowledge, passion, and drive. In this article, we define what an entrepreneur is, and we put together some tips to help you to become a successful one.

Who is an entrepreneur?

This word came into the English language from the French word “à entreprendre”, meaning “to undertake.” 

According to the Merriam-Webster dictionary, an entrepreneur is someone who organizes, manages, and assumes the risks of a business or enterprise. Britannica defines it as a person who starts a business and is willing to risk a loss to make money.

In general, anyone who takes a risk to make money is considered an entrepreneur. Risk-taking, typically in financial investments, is the common denominator among all entrepreneurs, even though earning money is not the only driving force.

Considering all different kinds of business owners when thinking of entrepreneurs is reasonable. Entrepreneur careers include restaurateurs, auto shop proprietors, CEOs of digital startups, and even independent photographers. The goal of all these entrepreneurs is to create long-lasting businesses. And they take the necessary steps to establish one that will continue to generate income even when they are not working.

Freelancers vs. entrepreneurs

Many people have taken their skills online and become freelancers in today’s digitally connected world. They take available jobs and set their hours. Most times, freelancers write, design, or consult for businesses. But can you call a freelancer an entrepreneur?

Freelancers are like entrepreneurs in many ways, but they don’t build something new that will eventually make them money passively without continued involvement. So we won’t call a freelancer an entrepreneur.

Are webmasters and bloggers entrepreneurs?

Entrepreneurship doesn’t mean having a brick-and-mortar business with a website that sells physical products or provides in-person services. You can create an online platform offering services like movie streaming, PDF to DOC converters, music streaming & downloads. It can even be a celebrity news aggregator, but you are still an entrepreneur.

Every blogger is a businessman because they assume sole responsibility for their blog and all its aspects: from their brand image, marketing & content to making money from the blog. 

But to evolve from a content maker or copywriter to an entrepreneur, bloggers have to elevate their mindset. 

Is becoming an entrepreneur right for you?

Most successful entrepreneurs have certain traits, qualities, and values in common. Even though these traits don’t guarantee success, they lay a strong foundation for a life of taking risks and getting rewarded. In particular, these distinguishing features help future businessmen and businesswomen successfully overcome the most common challenges.

Neil Patel Blog

First and foremost, entrepreneurs value independence. They want to make their schedules and be responsible for their own lives. They hate the idea of having a boss watching over their work. Still, entrepreneurs have hundreds, thousands, or even millions of bosses—called customers.

Entrepreneurs are self-reliant. They like being in charge of their success and are proud to be a part of something bigger than themselves.

They also need to be stress-resistant and be able to deal with risks. Suppose the idea of not getting paid regularly, not selling your product, or just falling flat on your face. If it scares you so much that you can’t move, you may have trouble dealing with the ups and downs of being an entrepreneur.

Also Read:

Tips in Becoming an Entrepreneur: Click Here to see Tips in Becoming an Entrepreneur

How Become an Entrepreneur: Click Here to see more details on how to become an entrepreneur

Who is an Entrepreneur: Click Here to see Who is an Entrepreneur