Blog Post #8: The Entrepreneur Revolution
Talking about entrepreneur, what is the true definition of it? Mondelez (Internaitonal vide president of global media Bonin Bough) defines entrepreneur as people who see gaps in the market or in other words, “opportunities that nobody saw”, and try to seal the gaps by creating new businesses and make the ‘new ideas’ happen.
Before, being an ‘entrepreneur’, according to Amy Cosper, meant having no jobs and trying to make “fast-bucks”, whereas now it means that you are “free” to take upon challenges and think of creative ideas that could make the community better. Last week, during the Sauder-Alumni class, I got to hear three very inspirational Sauder Alumni’s talk about their experiences in entrepreneurship and starting their own business. Listening to their stories made me want to start my own business.
From my point of view, if someone were to ask me whether or not I would want to be an entrepreneur or work for a firm, I would have answered entrepreneur. However, first of all before I do become one I would work for a firm, in order to gain more experience of the new business world. To be honest all the challenges that I have heard from the Sauder alumnis, do somewhat scare me or discourage me a bit to become an entrepreneur, but this is definitely a phase that many start-off entrepreneurs feel; which is the uncertainty of the next/future challenges that are lying ahead of them. This ties into what Ian Crosby, Cathy Han, and Nolan Watson had all been implying or relating to, which is the idea of keeping an open-mind to opportunities, because years ago before they started their own business they didn’t know what/where they were going to end up becoming.
Articles Used Link:
“What it means to be an entrepreneur now”- Amy Cosper: