Shaharudin menulis...

Continued from What is Entrepreneurship (Part I) Traits of a successful entrepreneur From the last write-up in What is Entrepreneurship (Part I) , we understood that entrepreneurs undertake risks , carry out new combinations of innovations , able to make decisions and possess needs for achievements . Successful entrepreneurs possess personality traits that motivates them in their entrepreneurship activities. According to Chell et al. (1991), many of the character traits found to be significant in entrepreneurs are similar to the character traits of other successful people. Entrepreneurs are a special kind of people that possess pertinent traits which drives them to success. They are motivated internally and externally . Their internal motivating factors are their personal goals, need for achievement and ambition; while the external factors come from compulsion to sustain living, support from others, looking at exemplar successful entrepreneurs, having access to capital and retain...

Entrepreneur When we talk about entrepreneurship, we need to start with the entrepreneur who runs the entrepreneurship. So, who is an entrepreneur? The word 'entrepreneur' is derived from the French word "entreprendre" coined by Richard Cantillon in his ' Essai Sur La Nature Du Commerce En General ' (Essay on the Nature of Trade in General) written around 1730, but published 1755. The term 'entreprendre' in turn was derived from two French words: ' entre ' which means  between  and ' prendre ' which means  take . Hence, 'entreprendre' means to undertake or carry out certain activity. By the term 'entreprendre', Cantillon defined entrepreneurs as someone who undertake to overcome uncertainty and risks to invest in an activity in order to gain some return from it. To Cantillon, entrepreneurs are economic agents who have the foresight and willingness to take the opportunity of realised and unrealised profits through buying ...