Entrepreneur Swot Analysis

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The term “Entrepreneur” is a French word from the verb “entreprendre”, which means ; to do or to undertake. It could be divided into two parts; “entre”, which means “between” and “preneur” which means “taker”, so the word “entre-preneur” means literally “between-taker” or, “go-between”, the word “entrepreneur” was commonly used during 1500s and 1600s (Filion, 2008), classical economists often used the word “undertaker” to mean the same thing, the alternative meaning of the word “entrepreneur” has caused it to disappear from use in the twentieth century (Glaeser , Rosenthal & Strange, 2009). Refer to (merriam-webster dictionary); Entrepreneur (en•tre•pre•neur \ ˌäⁿn-trə-p(r)ə-ˈnər , -ˈn(y)u̇r \) is ; one who organizes, manages, and assume…show more content…
Some definitions of entrepreneurship has matched, others has contrasted, totally or partially (Braunerhjelm, 2010), it was stated that entrepreneurship is the vehicle to move the economy forward (Schumpeter, 1934); contrastingly; it was stated that the entrepreneur is someone who moves the market toward equilibrium as they discover profitable arbitrage possibilities (Kirzner, 1973). Entrepreneurship is not always related to the creation of financial wealth, it could be related to increasing employment, talking inequalities, or indeed, increasingly, environmental issues (OECD, 2007). Entrepreneurship is an exceptional set of activities carried out by individuals with an exceptional mind-set in order to maximize profit, entrepreneurs are these individuals who see the world differently and envision the future better than the other do (Abu-Saifan,

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