What is a global entrepreneur and how is this different for other entrepreneurs? Can anyone be...

What is a global entrepreneur and how is this different for other entrepreneurs? Can anyone be a global entrepreneur?

Expert Solution

Global entrepreneur:

A global entrepreneur is an individual who sets business across national borders and his willing to risk financially in order to build an global organization.

Global entrepreneurs are different from other entrepreneurs due to below reasons:

Other entrepreneurs are people with strategic thinking who can look opportunities for growth within domestic market, figure creative solutions and innovate to grow their organization.
Entrepreneurs invest locally in domestic market while global entrepreneurs invest in international market.
Manufacturing and selling would be done domestically for other entrepreneurs while manufacturing units and selling would be across the globe for global entrepreneurs.

Yes, anyone can be a global entrepreneur, reason provided below:

Any individual interested in investing and conducting business outside boundaries can become a global entrepreneur:
The entrepreneur here needs to be willing to travel, learn foreign languages, adapt new cultures and focus on the business.
When licensing and other foreign investment legal policies are taken care any interested individual can become a global entrepreneur.

keosha answered 4 months ago

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