Entrepreneurship Definition and Benefits 

Most probably, you have heard people asking about entrepreneurship definition several times before and also about the need for more people to give it serious consideration. If you are one of the uninitiated, you might have wondered what it’s all about. In this piece, we will attempt to make the concept clearer and expose some associated benefits.

Entrepreneurship Definition

The term “entrepreneurship” refers to the willingness to start and manage a business, while being aware of the risks involved. In a simpler sentence, it means your preparedness to start a business with a view to making profits, even though you know some risks may surface along the way. It could also refer to the process of creating a new business.

When talking about what is entrepreneurship, you should know the concept goes hand in hand with innovation and risks – a fine blend which can land you significant returns from your business. An individual who exhibits entrepreneurial attitude by setting up a new business is called an entrepreneur.

Benefits of Entrepreneurship

Now that we have put the question of entrepreneurship definition to rest, let us consider few of the several benefits attached to it.

1. Control – Entrepreneurship puts you in control of your own destiny. Unlike in the case of a salaried job where you must do the bidding of your boss regardless of whether you are pleased, being an entrepreneur enables you do those things that make optimum use of your talent, skills and expertise. This means doing something you are passionate about – passion is a vital ingredient for success.

2. Freedom and Flexibility – As an entrepreneur, you enjoy greater level of freedom. In fact, if many people truly understand entrepreneurship definition, they would rush to become an entrepreneur. Entrepreneurship allows you to work your own schedule. You determine what time you want to work and are able to spend more quality time with your family.

3. Huge gains – With proper planning, hard work and God’s favour, entrepreneurship can bring you massive gains and profits. You could earn the equivalence of an average worker’s annual salary in a month, or even weeks, when things fall in the right places for you.

What Does it Take to Become a Successful Entrepreneur?

Choosing entrepreneurship does not always mean automatic or immediate success. The path is fraught with risks and challenges, which are surmountable with the right attitude. Here are a few tips to help.

Opportunity – Success in entrepreneurship demands that you be able to recognize opportunities at the right time. You should always be alert to opportunities around you.

Risk awareness – You should be aware right from the start that your journey to success may not be like a stroll in the park. Your ability to muster needed courage to face risks that lie ahead is what makes you an entrepreneur. Proper planning will be helpful in dealing with these risks.

Right people – The sort of people you surround yourself with will determine your success to an extent. You want to make sure the people you have in your team see things the way you do.

Mentorship – Find people with first-hand experience of what it takes to be successful as an entrepreneur to guide you. A mentor could be someone you know personally or an expert in entrepreneurship who will be able to provide you invaluable advice for success.

Hope this piece has been useful in clarifying what is entrepreneurship definition. It takes a lot of work and use of appropriate techniques to be a successful entrepreneur. Mentorship would be of immense help in achieving success.

Join Kedi Business and Gain Financial Freedom. Click here for detail information to be a member.

Click The Bank Images For Payment Details

---

---

Click here to join our Kedi Network Marketing Team and enjoy lifetime mentoring, FREE online and offline marketing training to help you succeed in the business.

---

The 4 Options To Buy Kedi Herbal Products Or Open A Membership Account With N4,000 and enjoy members benefits are:

1.    If you’re in Lagos Call/Text 2348033205456 for our office address 

2.    People outside Lagos should Call/Text 2348033205456 for the address of Kedi Service Centre in their states and buy products and enjoy member prices using Kedi No: KN205898 and Names: Olabode Oruku

3.    If you want dispatch riders to deliver products to your house address within Lagos State for between N500 to N1,500 which depends on your location, Call/Text 2348033205456.

4.    We deliver products to outside Lagos with either Courier Companies or Transporters for a cost between N1,000 to N2,500.

---

Olabode Oruku is a Chinese herbal health consultant and the chief executive officer of Oruku Consultancy Services, an online health and wellness company. In addition, the company offers proven business idea, online and offline marketing consultancy services to small business owners.

You can reach me on mobile phone 08033205456, 08121325411 or  Click Here To Send A Mail.

We strive to provide success information on this website that adds value to YOU in all aspect of life.

---

---

---

---

FREE SEMINAR: How to Start your own business and Make it Outrageously Profitable: Click Here For Details

---

For the best internet marketing training program to build a successful business in Nigeria Click Here

---

Kedi Healthcare Price List From 1ST April 2017

---

P.S. We do recommend detoxification of the body system before any treatment to enhance result. The supplements for detoxification generally are Colon Cleanse tea, Constilease, Gastrifort, Refresh tea and Qinghao.

---

Return to Nigeriaweb Success Home

Return to How to Start Your Own Business Page