Monday 5 January 2015

INTRODUCTION TO ENTREPRENEURSHIP




Entrepreneurship has been realized to be a platform through which several nations’ economy could be driven.


Empirical evidences has shown that entrepreneurship has gone a long way to curb unemployment, poverty and under-development in many countries. Therefore, it is not an over-statement to say that entrepreneurship is important for the economic well being of an individual, family, and the nation at large. Change is the law of nature. The manufactured products, technologies requirements keep changing. The change brings new entrepreneurs from time to time. The concept of an entrepreneur varies from country to country. Who is an entrepreneur? What is entrepreneurship? These and many others are questions that are frequently asked, we shall discuss and explain these questions further.
 To be a successful entrepreneur, u must have a tendency to link business and enterprise or entrepreneurship together. What often hear is business enterprises or business entrepreneur as if to say that the idea of enterprise applies only to business. Therefore, to put this misconception in its proper perspective, it is important to know what business is.
A business is defined as an enterprise (public or private) that engages in the production and or distributions of goods/services that provides satisfaction for consumers.

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