Question

What is an entrepreneur? Provide an example of an entrepreneur that you particularly admire, and discuss why.

Answer 1

Entrepreneur is the person that takes risks, brings forward his own ideas, create products and services and create value to the consumers by catering the unsaturated demand. It is the entrepreneur who has original ideas and work on it to develop a business model and then, invest in it to succeed. Most of the big businesses started as entrepreneurship activity and became too hugely successful and outgrew themselves to be named as entrepreneurship project.

In this regard, I would like to admire Mark Zuckerberg and his team who established Facebook and took the world slowly under its control. The point of admiration is the visionary approach, forecasting the world in coming 10 or 20 years and making innovation as a driving force behind the growth of social media platform Facebook. Besides, his transformational leadership to motivate the team and achieve the goals. is another reason for the admiration.