What is Entrepreneurship?
Many people have different takes on entrepreneurship, some see it as creating a new and original concept, others might argue that entrepreneurship is simply taking the risk of running a business. However, for the vast majority of people, Richard Branson is the epitome of entrepreneurship. This is one of his quotes on entrepreneurship: “ I wanted to be an editor or a journalist, I wasn’t really interested in being an entrepreneur, but I soon found I had to become an entrepreneur in order to keep my magazine going.”
Jean Baptiste Say, a 19th century economist used the term entrepreneur to describe individuals who create value in an economy by moving resources out of areas of low productivity and into areas of higher productivity and greater yield. But long before his time, in the 13th century, the word entrepreneur was derived from a French verb, entreprendre, which means