You can change the external environment by changing yourself first

Changing the world requires unique characterististics

Save the artist by buying their work

Three most important words

Yes I can

Listen to your Children

You are always selling something

When did the term entrepreneur come into existence? What does the term an entrepreneur mean?

The word entrepreneur made first appearance as a distinct concept in France in 1750’s. It was introduced by Richard Cantillon twenty years before Adam Smith published his work on wealth of the nations in 1776. Richard Cantillon suggested that the entrepreneur is someone prepared to bear uncertainty in engaging in risk of buying goods and services at a certain (fixed) price in one market to be sold elsewhere or at another time for uncertain future prices usually in another market . Furthermore, Schumpeter (1934) described an entrepreneur as a person who can convert new idea and invention into innovation; a product that can be commercialized.

Moreover the entrepreneur is described as as a “dot connector” a man who can connect the dots to identify opportunities that create profit and wealth. Additionally, the entrepreneur is an individual who brings about improvement both for other individuals and for society as a whole. An entrepreneur is known for what he/she does; activities that entrepreneurs do include creating new products, processes and services in the market. 

Poem about courage on the journey of life

The Journey’ by Mary Oliver

One day you finally knew
what you had to do, and began,
though the voices around you
kept shouting
their bad advice--
though the whole house
began to tremble
and you felt the old tug
at your ankles.
‘Mend my life!’
each voice cried.
But you didn’t stop.

You knew what you had to do,
though the wind pried
with its stiff fingers
at the very foundations,
though their melancholy
was terrible. It was already late
enough, and a wild night,
and the road full of fallen
branches and stones.

But little by little,
as you left their voices behind,
the stars began to burn
through the sheets of clouds,

And there was a new voice,
which you slowly
recognized as your own,
that kept you company
as you strode deeper and deeper
into the world,
determined to do
the only thing you could do--
determined to save
the only life you could save.

Difference between Entrepreneurial ability and Managerial ability:Are both important for entrepreneurs?

Entrepreneurial ability is the ability to recognize an opportunity and acquire the necessary resources to exploit it while the managerial ability is the ability to maintain the profitability of a business.

The successful entrepreneurs need both abilities as they determine the destiny of their businesses.They enable the entrepreneur to recognize a business opportunity,acquire necessary resources to exploit it and then formulate a business while ensuring that the business is making profit.

Reference

Firtzsimons J.R & Douglas E.J.,(2005).Entrepreneurial attitudes and entrepreneurial intentions cross cultural of potential entrepreneurs in India,Thailand,China and Australia. Babson-Kaufman Entrepreneurial Research conference,Wellesley MA

What should it be called environmental degradation,negative entrepreneurship or entrepreneurship?

This is one of the things that is going on in developing world.Making charcoal which implies cutting down of trees is order of the day.This is done at the expense of environment and sustainable development.

Alternative energy could be the good solution as people must use energy for food preparation