entrepreneur

Meanings

• noun

  A person who organizes and operates a business or businesses, taking on financial risk in order to do so.

  - "Elon Musk is an entrepreneur who started multiple companies, including Tesla and SpaceX."
  - "Sara Blakely, the founder of Spanx, is a successful entrepreneur."
  - "Many young people dream of becoming entrepreneurs and starting their own businesses."

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Pronunciation

1. /ˌɑn.trə.prəˈnɝ/
   
   
   
   Source: "https://commons.wikimedia.org/w/index.php?curid=7466062"

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Rhymes

Words rhyming with entrepreneur
preneur , deplorer , explorer

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Variants

List of all variants of entrepreneur that leads to same result
entrepreneur , entrepreneurs , entrepreneurship , entrepreneurships

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Etymology

origin and the way in which meanings have changed throughout history.

The term 'entrepreneur' comes from the French word 'entreprendre', which means 'to undertake'. Entrepreneurs take on the risk of starting and running a business, often in response to perceived market opportunities.

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Trivia

Any details, considerations, events or pieces of information regarding the word

1. Did you know that the first known use of the term 'entrepreneur' was in France in 1720?

2. Entrepreneurship is not limited to business; it can also be applied to art, music, and other creative pursuits.

3. The most common reason why entrepreneurs fail is a lack of cash flow.

4. According to a study by the Kauffman Foundation, 80% of new businesses survive their first year, but only 50% survive their fifth year.

5. Entrepreneurship is not just for young people; many successful entrepreneurs started their businesses later in life.

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Related Concepts

informations on related concepts or terms closely associated with the word. Discuss semantic fields or domains that the word belongs to

1. Small Business Administration: A government agency that provides support and resources to small businesses, including entrepreneurship training and access to capital.

2. Incubator: A program or facility that provides resources and support to new businesses, particularly startups and entrepreneurs.

3. Business Plan: A document outlining the strategy and operations of a business, including financial projections and marketing plans, used by entrepreneurs to secure funding and guide their business.

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Culture

Any cultural, historical, or symbolic significance of the word. Explore how the word has been used in literature, art, music, or other forms of expression.

Entrepreneurship is a significant cultural phenomenon, celebrated in business and popular culture. Entrepreneurs are often portrayed as innovative, risk-taking individuals who create new products or services and build successful businesses. The entrepreneurial spirit is valued in many societies, and there are numerous books, movies, and other forms of media that glorify the entrepreneurial lifestyle.

How to Memorize "entrepreneur"

1. visualize
   

   - Visualize an entrepreneur as a person taking calculated risks to start a business and bring a product or service to market.
   - Imagine an entrepreneur as a person with a vision and the determination to turn that vision into a reality.
   - Think of an entrepreneur as a problem-solver who identifies a need in the market and creates a solution.

2. associate
   

   - Associate the word 'entrepreneur' with innovation, risk-taking, and business ownership.
   - Think of successful entrepreneurs like Steve Jobs, Oprah Winfrey, or Bill Gates when you hear the word 'entrepreneur'.
   - Associate the word 'entrepreneur' with the idea of creating something new and bringing it to market.

3. mnemonics
   

   - Use the acronym ENTREPRENEUR to remember the key characteristics of an entrepreneur: Education, Networking, Tenacity, Resourcefulness, Perseverance, Entrepreneurial Mindset, and Opportunity Recognition.
   - Think of the word 'entrepreneur' as 'entre' meaning 'in' and 'preneur' meaning 'to take or do'. An entrepreneur takes action 'in' the marketplace.
   - Use the phrase 'Entrepreneurship is an art and a science' to remember the creative and analytical aspects of entrepreneurship.

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