How to be A Successful Entrepreneur

Authors

  • Subash Menon Department of Information Technology and Services, Co-Founder and Director, Pelatro Solutions Pvt. Ltd., NJ 07645, Bangalore-43, India

DOI:

https://doi.org/10.37591/jomcct.v7i1.1922

Abstract

The term entrepreneur appears to have been introduced by Richard Cantillon, an Irish economist of French descent, in early 1700. According to Cantillon's original formulation, the entrepreneur is a specialist in taking on risk. He insures workers by buying their products (or their labor services) for resale before consumers have indicated how much they are willing to pay for them. Entrepreneurship thus calls for a gut feel for things, a gut feel for the future. Someone who can mix this feeling with leadership is a successful entrepreneur. As Colin Powell once said, “Leadership is the art of accomplishing more than the science of management says is possible”.

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Published

2019-04-24

Issue

Vol. 7 No. 1 (2016)

Section

Articles

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