If you're an entrepreneur, chances are you've been asked how to spell your job title more times than you can count. And while it might seem like a silly question, the fact is that many people still don't know how to spell “entrepreneur.”
How to Spell Entrepreneur?
So, for the record, the correct spelling is “entrepreneur.” And it is pronounced “en-truh-pruh-nur.”
The word “entrepreneur” comes from the French word entreprendre, which means “to undertake.”
There are many synonyms for entrepreneur, but the closest synonym would be an owner or business owner.
What is an Entrepreneur?
An entrepreneur is someone who starts a business or a new venture. The Merriam-Webster dictionary defines an entrepreneur as “one who organizes, manages, and assumes the risks of a business or enterprise”.
Investopedia states that…
An entrepreneur is an individual who creates a new business, bearing most of the risks and enjoying most of the rewards. The process of setting up a business is known as entrepreneurship. The entrepreneur is commonly seen as an innovator, a source of new ideas, goods, services, and business/or procedures.Investopedia
While that's a perfectly fine definition, it doesn't really capture the essence of what it means to be an entrepreneur. So, in this blog post, we're going to explore what it really takes to be a successful entrepreneur.
What Makes a Successful Entrepreneur?
If you Google “successful entrepreneurs,” you'll find no shortage of articles with tips and advice from some of the world's most successful businesspeople. But while there's no one-size-fits-all formula for success, there are certain traits and qualities that many successful entrepreneurs share. These include:
• A passion for their work: Successful entrepreneurs are typically very passionate about their work. They're not in it for the money; they're in it because they genuinely enjoy what they do and want to make a difference.
• A willingness to take calculated risks: Entrepreneurship is all about taking risks. If you're not willing to put investments into your business, then chances are it's not going to succeed.
• A high level of self-motivation: entrepreneurship can be a lonely journey, so it's important that you have the internal motivation to keep going even when things get tough.
• An ability to persevere: speaking of tough times, all businesses go through them—and successful entrepreneurs are those who are able to pick themselves up and keep going when things get tough. They don't give up at the first sign of adversity; they embrace it as part of the journey.
Now that we've talked about what it takes to be a successful entrepreneur, let's take a look at some of the most famous entrepreneurs in history. These are people who have taken their passion and turned it into a multimillion-dollar business.
- Bill Gates: Gates is the co-founder of Microsoft
- Mark Zukerberg: Zuckerberg is the founder of Facebook
- Steve Jobs: Jobs was the co-founder of Apple
- Jeff Bazos: Bazos is the founder of Amazon
- Walt Disney: Disney was the founder of The Walt Disney Company
- Sam Walton: Walton was the founder of Walmart
- Richard Branson: Branson is the founder of Virgin Group
While there are many, many more successful entrepreneurs out there, these are just a few of the most famous. If you're interested in becoming an entrepreneur, then follow the entrepreneurs that you admire and try to emulate their success.
These are just a few of the most famous entrepreneurs in history. As you can see, they all have different backgrounds and stories, but they all share one common trait: they were passionate, and willing to take risks to follow their dreams.
So, if you're thinking about becoming an entrepreneur, ask yourself this question: are you passionate about your idea?
Entrepreneurship is not for everyone – check out our blog post on 5 Reasons Why Why You Shouldn't Start a Side hustle
There you have it! Knowing how to spell entrepreneur is the first step, but there's a lot more to it than that. If you're thinking about becoming an entrepreneur, make sure you have the passion and drive to see it through.Of course, this is by no means an exhaustive list; there are many other qualities that contribute to entrepreneurial success. But if you have these traits and qualities, then you're well on your way to becoming a successful entrepreneur!
What are some other qualities that you think are important for entrepreneurs? Leave a comment below and let us know!