Role of an Entrepreneur

• define entrepreneur

  a person who is willing and able to create a new business idea or invention and takes risks in pursuing success
• intrapreneurship


  the practice of promoting entrepreneurial thinking and behaviour among employees
• entrepreneurs can also run and develop existing businesses
• what are the barriers to entrepreneurship?

  • entrepreneurial capacity
  • access to finance
  • lack of training
  • lack of confidence
• factors causong uncertainty

  • environmental factors
  • economic changes
  • entry of new competitors
  • changes in local and national legislation
  • changes in the political party governing the country
• successful entrepreneurs can manage risk and quickly respond to uncertainty in the business environment