View Full Version : So what do entrepeneurs actually do?
2nd-May-2010, 10:22 AM
I am very interested to become an entrepeneur but the information about exactly what it is they do is sketchy. so is there anyone here who is or was an entrepeneur and might be able to tell me something? After reading about them and what qualities make people good entrepeneurs, I realised it fitted me like a glove :)
(Oh and I am talking about making companies, research centers, charities. Any of the heaps of ideas I have for businesses. I am not talking about small business entrepeneurs.)
2nd-May-2010, 10:50 AM
Would it be a waste of time and a lack of purpose if I were to write here "I don't know"? Because I truly don't.:)
I know a person who does multi-business(e.g. converting money(currency shifts) and trades, and engages political deals. )
But no, money is the only valuable item I see in the world of entrepreneurship. Unless, the product is truly amazing and won't rely solely on excessive persuasion.
2nd-May-2010, 10:57 AM
They're opportunists who take advantage of empty economic niches.
The magnificent bastards (http://tvtropes.org/pmwiki/pmwiki.php/Main/MagnificentBastard) of the business world, although many are not successful. (http://tvtropes.org/pmwiki/pmwiki.php/Main/EasyComeEasyGo)
2nd-May-2010, 11:07 AM
Seriously, I am basically made to be an entrepeneur. I literally have every quality that a "succesful entrepeneur" should have, I have the motivation, I have the attitude and I have the intellect and creativity to do it. Basically entrepeneur is the career I never knew about that I always dreamed of having.
2nd-May-2010, 11:33 AM
Do you have the money?
2nd-May-2010, 12:06 PM
There are about 500 thousand million books on the subject, if you're interested. What appeals to me about entrepreneurship are three things: 1) the free time potentially available if you succeed, 2) the freedom you have in doing your business. There's really nothing to tell you what you can and can't do, and 3) you can compensate for your weaknesses. If you're not good with details and the day to day stuff, hire an SJ. If you're not the best at networking or marketing, hire an extrovert.
It's definitely something I would like to do, but there are heaps of variables. I don't see entrepreneurship as a title in and of itself, but I guess it is becoming that. You can even do a Bachelor of Entrepreneurship now (actually I think someone here has done that?). What does concern me is the rapid growth and saturation of franchises. Surely they make it much harder for a lone entrepreneur to take on the market, as you're potentially starting with zero brand awareness and capital and you're competing with business who have both of those in spades. My grandpa started several businesses and I get the impression that it was easier to start-up in his day than it is now. Really, I can't think of one industry or product that is not dominated by big chains. I used to work in bottle-shops, for example, and they until recently were still generally owned and run by little guys, so to speak, they were still kind of like your corner store. In the last ten years, though, the supermarkets have got a hold of heaps of them and it is now very very hard, and becoming harder, for the little guy to compete.
2nd-May-2010, 01:07 PM
It seems like a good job, but (after taking a business course) it seems really hard to get your own stuff started. You have to have alot of people with money backing you i.e. banks and other business folk, and the means to do stuff.
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