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look at the example below. Lundstrom, Anders; Stevenson, Lois. Contents, elements edit, entrepreneurship is the act of being an entrepreneur, or "the owner or manager of a business enterprise who, by risk and initiative, attempts to make profits". 22 23 Cantillon defined smithsonian internship application essay the term as a person who pays a certain price for a product and resells it at an uncertain price, "making decisions about obtaining and using the resources while consequently admitting the risk of enterprise". Giles, H; Wiemann,.M (1987). An investor will generally aim for a profitable exit and therefore promotes a high-valuation sale of the company or IPO in order to sell their shares. 16 Styles edit Differences in entrepreneurial organizations often partially reflect their founders' heterogenous identities. Many successful companies, including Dell Computer and Facebook, started by bootstrapping.
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Journal of business venturing, 24(2.99-115. "The disposition to become an entrepreneur and the jacks-of-all-trades in social and human capital". I owe her for making me overcome my inhibitions and preparing me to face the life with a confident face. 110 111 Studies show that the psychological propensities for male and female entrepreneurs are more similar than different. Clarke,.; Cornelissen, J (2011). Scholars interested in nascent entrepreneurship tend to focus less on the single act of opportunity exploitation and more on the series of actions in new venture emergence 68, 69,.