Entrepreneurship: The Opportunity of a Lifetime
Risk-taker, innovator, trailblazer, opportunist: many words could be used to describe an entrepreneur, but what exactly does entrepreneurship itself entail? The most basic description of an entrepreneur is someone who starts his or her own business, but the concept goes a lot deeper than that.
One frequently referenced definition comes from Harvard Business School professor Howard Stevenson: “Entrepreneurship is the pursuit of opportunity without regard to resources currently controlled.” What this means, according to Dave Valliere, professor of entrepreneurship at Ryerson University, is that you see an opportunity that’s “so compelling,” you have no other choice but to pursue it—even if you don’t have the necessary resources. You simply assume that you’ll find a way to get it done, he says.
Post new comment