"Being an entrepreneur is like heading into uncharted territory. It's rarely obvious what to do next, and you have to rely on yourself a lot when you run into problems. There are many days when you feel like things will never work out and you're operating at a loss for endless months. You have to be able to stomach the roller coaster of emotions that comes with striking out on your own." – Amanda Austin, founder and president of Little Shop of Miniatures
Theorists Frank Knight[80] and Peter Drucker defined entrepreneurship in terms of risk-taking. The entrepreneur is willing to put his or her career and financial security on the line and take risks in the name of an idea, spending time as well as capital on an uncertain venture. However, entrepreneurs often do not believe that they have taken an enormous amount of risks because they do not perceive the level of uncertainty to be as high as other people do. Knight classified three types of uncertainty:
Eventually, the Supreme Court will weigh in on the issue and decide whether freedom of religion extends even to businesses who simply say “I’m a religious entity” in order to avoid portions of federal law that they simply don’t like. Regardless of what that decision is, it’s becoming more and more clear that we are dividing into a country with two distinct sides, with one side believing that not only are we a Christian nation but that it is a moral imperative to live that principle out loud in every avenue, from politics to school to where we eat and apparently now what we drive.
Three thinkers were central to the inclusion of entrepreneurs: Joseph Schumpeter, Frank Knight, and Israel Kirzner. Schumpeter suggested that entrepreneurs – not just companies – were responsible for the creation of new things in the search of profit. Knight focused on entrepreneurs as the bearers of uncertainty and believed they were responsible for risk premiums in financial markets. Kirzner thought of entrepreneurship as a process that led to the discovery.
Researchers Schoon and Duckworth completed a study in 2012 that could potentially help identify who may become an entrepreneur at an early age. They determined that the best measures to identify a young entrepreneur are family and social status, parental role modeling, entrepreneurial competencies at age 10, academic attainment at age 10, generalized self-efficacy, social skills, entrepreneurial intention and experience of unemployment.[120]
The entrepreneur is commonly seen as an innovator—a designer of new ideas and business processes.[76] Management skills and strong team building abilities are often perceived as essential leadership attributes for successful entrepreneurs.[77][unreliable source] Political economist Robert Reich considers leadership, management ability and team-building to be essential qualities of an entrepreneur.[78][79]
The entrepreneur is commonly seen as an innovator—a designer of new ideas and business processes.[76] Management skills and strong team building abilities are often perceived as essential leadership attributes for successful entrepreneurs.[77][unreliable source] Political economist Robert Reich considers leadership, management ability and team-building to be essential qualities of an entrepreneur.[78][79]
If you know the ins and outs of search engines and have technical skills in platforms like Google Ads and Google Analytics, becoming an SEO consultant can be a lucrative option for you. Many small business owners don't realize how much of an impact search engine optimization (SEO) can have on their business. Start your online consulting business by educating those business owners on the power of SEO to help transform their websites and increase their conversion rates.

Muscat, Jan 24 (ONA) Assigned by His Majesty Sultan Qaboos Bin Said, Mohammed bin Al Zubair, Advisor to His Majesty the Sultan for Economic Planning Affairs will sponsor, the day after-tomorrow (Tuesday) the announcement of winners of the 2nd version of the Entrepreneurship Award 2015 in its three main categories, namely Entrepreneurship Award, Small and Medium Enterprises (SMEs) Entrepreneurship Award and Entrepreneurship Supporters Award.
Personally answering phones is one of the most significant competitive edges home-based entrepreneurs hold over their larger competitors. In a time of high-tech backlash, where customers are frustrated with automated responses and touch-tone menus, hearing a human voice and is one surefire way to entice new customers and make existing ones feel appreciated — an important fact, given that some 80% of all business is generated from repeat customers.
These pay-per-click ads appear on your blog. Every time somebody clicks on an ad (which is supposed to be about a subject related to your niche), you make a few cents or more. Small amounts each time, but it adds up. This is extremely hands-off. You just need to get a code from Google, place it on your website - and the ads will automatically appear on your blog. Google will only show ads that are relevant to your blog so it's a good experience for your visitors and maximizes the number of clicks you get, meaning more income.
You make money with ad revenue. Your first step is to create a YouTube account and start uploading videos. Then you enable monetization on your YouTube settings. Basically, this gives Google the go-ahead to include short AdSense ads with your videos, which you've seen if you’ve watched a YouTube video. When viewers click on those ads, you get paid.
Once a site or blog is created and optimized for SEO (search engine optimization) purposes, the search engine marketing (SEM) begins. The potential for earning income in this area is literally through the roof if you know what you’re doing. An expert in SEO management is responsible for successfully marketing a website and can choose to promote it in a variety of ways.
"Entrepreneurship is, fundamentally, the art and science of building profitable systems to help people in ways that other systems do not. The core competency of the entrepreneur is not business acumen or marketing ability but rather empathy – the ability to understand the feelings and needs of others." – Logan Allec, CPA and owner of Money Done Right
If you’re passionate about writing and feel strongly about certain subjects, type your way to riches by creating your own blog. Launching your own blog doesn’t require a great deal of technical or computer skills. It is important, however, that you do know what you’re talking about relative to the subject you’re writing on. Over time, you’ll start to develop an audience since people will trust your expertise and knowledge.
"Entrepreneurs and business owners definitely need to get used to taking risks … You have to get comfortable being uncomfortable. Trying to grow a company or execute on an idea is difficult. It's not always going to be roses and unicorns. At some point, you're going to run into issues, lose customers and have financial constraints. It's at this point you need to get back on the horse and take another risk, whether it's in the form of a new product, new marketing campaign or a new customer recruitment strategy." – Mathew Ross, co-founder and COO of Slumber Yard

In the 20th century, entrepreneurship was studied by Joseph Schumpeter in the 1930s and other Austrian economists such as Carl Menger, Ludwig von Mises and Friedrich von Hayek. While the loan from French of the word "entrepreneur" dates to the 1850, the term "entrepreneurship" was coined around the 1920s. According to Schumpeter, an entrepreneur is willing and able to convert a new idea or invention into a successful innovation.[29] Entrepreneurship employs what Schumpeter called "the gale of creative destruction" to replace in whole or in part inferior offerings across markets and industries, simultaneously creating new products and new business models, thus creative destruction is largely responsible for long-term economic growth. The idea that entrepreneurship leads to economic growth is an interpretation of the residual in endogenous growth theory[clarification needed] and as such continues to be debated in academic economics. An alternative description by Israel Kirzner suggests that the majority of innovations may be incremental improvements such as the replacement of paper with plastic in the construction of a drinking straw that require no special qualities.
Project entrepreneurs are individuals who are engaged in the repeated assembly or creation of temporary organizations.[71] These are organizations that have limited lifespans which are devoted to producing a singular objective or goal and get disbanded rapidly when the project ends. Industries where project-based enterprises are widespread include: sound recording, film production, software development, television production, new media and construction.[72] What makes project-entrepreneurs distinctive from a theoretical standpoint is that they have to "rewire" these temporary ventures and modify them to suit the needs of new project opportunities that emerge. A project entrepreneur who used a certain approach and team for one project may have to modify the business model or team for a subsequent project.
A broader definition of the term is sometimes used, especially in the field of economics. In this usage, an Entrepreneur is an entity which has the ability to find and act upon opportunities to translate inventions or technologies into products and services: "The entrepreneur is able to recognize the commercial potential of the invention and organize the capital, talent, and other resources that turn an invention into a commercially viable innovation." [5] In this sense, the term "Entrepreneurship" also captures innovative activities on the part of established firms, in addition to similar activities on the part of new businesses.
^ Lindblad, J. Thomas (1995), 'Louis de Geer (1587–1652): Dutch Entrepreneur and the Father of Swedish Industry,'; in Clé Lesger & Leo Noordegraaf (eds.), Entrepreneurs and Entrepreneurship in Early Modern Times: Merchants and Industrialists within the Orbit of the Dutch Staple Markets. (The Hague: Stichting Hollandse Historische Reeks, 1995), pp. 77–85
Below is a list of faith based Christian businesses many of whom are involved in helping to break poverty cycles or contribute directly to missions based organizations.  This is not meant to be a complete list, but helpful for those interested.  If you have or know of other faith based business groups that are helping to advance God's Kingdom, please contact us and we would be happy to add to the list.
Below is a list of faith based Christian businesses many of whom are involved in helping to break poverty cycles or contribute directly to missions based organizations.  This is not meant to be a complete list, but helpful for those interested.  If you have or know of other faith based business groups that are helping to advance God's Kingdom, please contact us and we would be happy to add to the list.

In the 2000s, usage of the term "entrepreneurship" expanded to include how and why some individuals (or teams) identify opportunities, evaluate them as viable, and then decide to exploit them.[13] The term has also been used to discuss how people might use these opportunities to develop new products or services, launch new firms or industries, and create wealth.[14] The entrepreneurial process is uncertain because opportunities can only be identified after they have been exploited.[15]
In the 2000s, entrepreneurship has been extended from its origins in for-profit businesses to include social entrepreneurship, in which business goals are sought alongside social, environmental or humanitarian goals and even the concept of the political entrepreneur.[according to whom?] Entrepreneurship within an existing firm or large organization has been referred to as intrapreneurship and may include corporate ventures where large entities "spin-off" subsidiary organizations.[33]
So is that what it takes to be a “faith-based” organization now? In some ways, it appears that these businesses get the best of all worlds: an ability to proselytize to employees and inject their biblical worldview, but without the onus that true ministries have to actually improve the lot of the poor. Instead, they not only get to build their profit for their own comfort, but receive the benefit of tax write offs for giving parts of those profits to true faith-based organizations, who also then do not have to pay taxes because they are religious organizations and non-profits.
A feminist entrepreneur is an individual who applies feminist values and approaches through entrepreneurship, with the goal of improving the quality of life and well-being of girls and women.[48] Many are doing so by creating "for women, by women" enterprises. Feminist entrepreneurs are motivated to enter commercial markets by desire to create wealth and social change, based on the ethics of cooperation, equality and mutual respect.[49][50]
Just Jewelry’s items range from $12 – $28, making it accessible to more people. To start selling as a Just Jewelry consultant, you must buy a $99 starter kit, valued at $241. With this kit, you receive a sample of their jewelry and a business kit. From the start, new consultants receive 30% discount on their jewelry collection and 10% discount on their boutique. Once you purchase $300 in jewelry and boutique, you start to receive a 50% discount on all jewelry purchases and 30% off boutique items. Another way to receive the bigger percentage immediately is to purchase the $399 starter kit, valued at $749. Included in this is $650 worth of jewelry, business kit, and a website and email account.
Still, the owner, Doug Erickson, insists it is a religious company because, when it was failing and he thought about selling them off, he “gave it over to God” and now it makes money. “Erickson believes that his role as President and majority shareholder of the Dealerships is that of a steward of a business given to him by God and that his employees are God’s children who are entrusted to his care. He regards it as his religious duty to operate the Dealerships in conformity with his religious beliefs,” states the complaint. It also notes that he believes his company is a “marketplace ministry,” meaning he evangelizes to his employees and customers — a fact that I’m sure some of his customers would no doubt prefer to be made aware of before coming to shop.
Economists have never had a consistent definition of "entrepreneur" or "entrepreneurship" (the word "entrepreneur" comes from the French verb entreprendre, meaning "to undertake"). Though the concept of an entrepreneur existed and was known for centuries, the classical and neoclassical economists left entrepreneurs out of their formal models: They assumed that perfect information would be known to fully rational actors, leaving no room for risk-taking or discovery. It wasn't until the middle of the 20th century that economists seriously attempted to incorporate entrepreneurship into their models.
If you have a knack for creating unique images, there’s no need to fuss over your own inventory. If your creations can be easily printed onto a product, then you can make money. Upload your designs on a variety of websites like CafePress. If someone likes them, the company prints them up and ships the product. You could create unique designs for calendars, books, T-shirts, bags, hats, greeting cards, or posters and get a commission for each one sold. Some of these sites include Zazzle, Teespring and Lulu.

If you have a knack for creating unique images, there’s no need to fuss over your own inventory. If your creations can be easily printed onto a product, then you can make money. Upload your designs on a variety of websites like CafePress. If someone likes them, the company prints them up and ships the product. You could create unique designs for calendars, books, T-shirts, bags, hats, greeting cards, or posters and get a commission for each one sold. Some of these sites include Zazzle, Teespring and Lulu.
In the 2000s, entrepreneurship has been extended from its origins in for-profit businesses to include social entrepreneurship, in which business goals are sought alongside social, environmental or humanitarian goals and even the concept of the political entrepreneur.[according to whom?] Entrepreneurship within an existing firm or large organization has been referred to as intrapreneurship and may include corporate ventures where large entities "spin-off" subsidiary organizations.[33]
While some entrepreneurs are lone players struggling to get small businesses off the ground on a shoestring, others take on partners armed with greater access to capital and other resources. In these situations, new firms may acquire financing from venture capitalists, angel investors, hedge funds, crowdsourcing or through more traditional sources such as bank loans.
The entrepreneur is commonly seen as an innovator—a designer of new ideas and business processes.[76] Management skills and strong team building abilities are often perceived as essential leadership attributes for successful entrepreneurs.[77][unreliable source] Political economist Robert Reich considers leadership, management ability and team-building to be essential qualities of an entrepreneur.[78][79]
The distinction between the novice, serial and portfolio entrepreneurs is an example of behavior-based categorization.[63] Other examples are the (related) studies by,[64][65] on start-up event sequences. Nascent entrepreneurship that emphasizes the series of activities involved in new venture emergence,[66][67][68] rather than the solitary act of exploiting an opportunity. Such research will help separate entrepreneurial action into its basic sub-activities and elucidate the inter- relationships between activities, between an activity (or sequence of activities) and an individual's motivation to form an opportunity belief, and between an activity (or sequence of activities) and the knowledge needed to form an opportunity belief. With this research, scholars will be able to begin constructing a theory of the micro-foundations of entrepreneurial action.

In the 2000s, usage of the term "entrepreneurship" expanded to include how and why some individuals (or teams) identify opportunities, evaluate them as viable, and then decide to exploit them.[13] The term has also been used to discuss how people might use these opportunities to develop new products or services, launch new firms or industries, and create wealth.[14] The entrepreneurial process is uncertain because opportunities can only be identified after they have been exploited.[15]


Entrepreneurship is one of the resources economists categorize as integral to production, the other three being land/natural resources, labor and capital. An entrepreneur combines the first three of these to manufacture goods or provide services. They typically create a business plan, hire labor, acquire resources and financing, and provide leadership and management for the business.

No matter which way you do it, it’s passive income—money you earn while you sleep because you put these products up for sale on your website and a customer can buy and download them any time of day or night, automatically. All you have to do is check the sales periodically to see what topics or types of products are selling best so you can make more of those.
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