Entrepreneurship by definition is “process of starting a business, typically a startup company offering an innovative product, process or service.” Owning a small business involves this process, but just because owning a small business is the same as entrepreneurship doesn’t mean the entrepreneurship is the same as owning a small business. I say this […] Continue reading →

As the both differ in the later stages, I believe that in the early stages the two are the same. My definition of the word Entrepreneurship is starting and assuming a business regardless if you plan to stay in control and keep the business small or find more investors and expand your company. In order … Continue reading Do You Think Entrepreneurship and Small Businesses are Different? → Continue reading →

First of all I would like to describe what does entrepreneurship means for me. I understand entrepreneurship as a process of organizing or managing a business in a daring way with an innovative point of view, and a lot of risk taking. At this point, we can compare if this description matches with owning a small … Continue reading Do you think entrepreneurship and owning a small business are different and why? → Continue reading →

I like this question because I never compare the meaning behind these two terms. Entrepreneur and small business have many similar characteristics, yet they are still different. Here is list of characteristics that help us to see the differences between them, 1. Risk – Small business tends to have known and established product and services which means less […] Continue reading →

According to the definition in the course material, entrepreneurship is “the process of planning, organizing, operating, and assuming the risk of a business venture”. In the US, a small business is usually a business that has less than 250 employees. I don’t really think one should dissociate both ideas because usually as an entrepreneur, when … Continue reading Entrepreneurship and small business → Continue reading →

I believe that being an entrepreneur and owning a small business is literally one in the same. The business that youre running doesn’t have to be a big corporation or a firm in order for you to be labeled as an entrepreneur. Being an entrepreneur is all about being innovative and taking risks and that’s … Continue reading Do you think entrepreneurship and owning a small business are different and why? → Continue reading →

People may think that a small business owner is considered as an entrepreneur. However, in my opinion, an entrepreneur thinks beyond the tiny box of the small business owner, in other words,entrepreneur think outside of the box. Entrepreneurs not only have great idea, they think big as they not just want to open a small business, but they … Continue reading Blog post 1 – Sep 2 → Continue reading →

This is a tricky question. The way I see small businesses is their ability to create jobs, come up with new ways of doing old things, and help keep money in the local community. Without small businesses, we’d be in a bigger economic mess. Among people with small businesses, there’s confusion between the terms Small-Business […] Continue reading →