Entrepreneur – a person who organizes and manages any enterprise, esp. a business, usually with considerable initiative and risk.
This is the definition of Entrepreneur from http://dictionary.reference.com
Personally, I disagree with the definition. What I would say is that the definition is correct except for one major mistake. I do not believe that an entrepreneur usually manages an enterprise. As a matter of fact, one of the characteristics of an entrepreneur is that he usually loses interest when it is time to manage a business.
In the training I have had in entrepreneurism, I have learned that an entrepreneur loves the thrill of developing an idea into a business, he enjoys going through the rough times that it takes to get a business going. Once he has built a business that is running smoothly and making money, the entrepreneur becomes bored. At this point, his choices usually come down to either selling the business, or hiring somebody else to manage it. If the entrepreneur keeps managing the business himself, he often runs the business into the ground, just based on the fact that he has lost interest and has a hard time concentrating on the business to keep it afloat.
I am an entrepreneur. I am most certainly a person who loses interest in running a business, while starting something new is something that I am always interested in. If for no other reason, the challenge of making a business succeed thrills me. I have several businesses now that have enjoyed tremendous success, and for the life of me, I cannot make myself get too involved in these businesses anymore, because they bore me to death. They still make nice money for me, but I don’t find it a challenge to keep them going. I have employees that virtually run these businesses for me now.
The other day, I was browsing the web and visited a personal development blog that I enjoy, which is written by Steve Olson. Steve had an article entitled “Learning entrepreneurship, education, family balance, small business from the experts“. Now, I like Steve Olson, I feel that he is a very smart man, and he writes some interesting and informative pieces on his site. However, I have to disagree with him on this one. I do not believe it is possible to learn how to be an entrepreneur. Yes, you can learn how to be a better entrepreneur, if you already are one. However, I believe that you are either born as an entrepreneur, or you are not. If you are not born one, you will never be an entrepreneur. That’s just the way it is. It’s like if you turn out on 5’2”, you probably will never be able to play in the NBA, it’s just a fact that you can’t change. Same situation with being an entrepreneur.
What do you think? How about you, are you an entrepreneur?