Parts and Parcel of Entrepreneurship- Siddharth Singh

Parts and Parcel of Entrepreneurship

Entrepreneurship:

Entrepreneurship is a full time work of new idea generation, best possible means generation and market optimization from limited resources available. Entrepreneurs basically find out the best practices in already available market for business entities to stand out and create a new entity. It's a long process from entrepreneurship to a full fledge business organizational set up.
 

Area of Entrepreneurship:

Entrepreneurship is not confined in the boundaries of any business organization or society set ups they find their own way by implementing creativity to search new boundaries for themselves and value creation for the customers. Basically entrepreneurs chiefly focus on value creation through limited resources in new way possible which is more suitable and comfortable for clients. Few areas where entrepreneurs are engaging in India in large number is management, engineering and service market. 

Number of Entrepreneurship possible in existing market:

Suitability of the government norms and social changes help entrepreneurs grow with the existing market condition. If all these factors are available in numbers entrepreneurs will be numberless.They will engage themselves and their time within the market conditions in numbers and will churn out new horizons for the field concerned. Lucidly saying if social changes and government help is available than limitless entrepreneurs will come out from the same business stream. 

Easy Areas for Entrepreneurs:

It is a common trait of entrepreneurs to grow in the field where financial engagement is low. The reason behind it is risk taking ability. All the entrepreneurs takes maximum risks through their creativity but if the financial costs are higher they tend to avoid the engagements in that particular field. 

Conclusion:

Conclusive remarks from the above mentioned statements are similar to the patterns of entrepreneurship. One added advantage of entrepreneurship is that it grows in low economy generation areas where economy is not well defined or developed.   

To be continued...