entrepreneurship

Y-Negocios

2022

We explain what an enterprise is and the characteristics of an entrepreneur. Also, what are triple impact ventures.

The culture of entrepreneurship is positive for societies.

What is an enterprise?

The term entrepreneurship comes from the French‘Entrepreneur’, which means "pioneer", and refers etymologically to the capacity of aperson to go the extra mile to achieve agoal, although at present its use is limited to refer to a new business ordraft that starts a person or group of people.

A entrepreneur is the individual who faces the challenge of a new venture or business. For this you must have a attitude positive and a great determination to face challenges and difficulties.

It can serve you:Entrepreneur

Types of entrepreneurship

According to the size:

  • Small businesses. Small-scale businesses conducted by one or more people for the purpose of producing or marketing a good or service, their Profits They are used to cover the business and maintain the cost of living of the entrepreneur.
  • Scalable ventures. Businesses that expand their market without putting effort into improving their product or expand the stock. This type of undertaking is evident in the field of technology and digital.

According to the degree of innovation:

  • Mirror ventures. Businesses that imitate or are based on the production of a good or service that already exists; or they acquire a franchise from an already successful business.
  • Entrepreneurship out of necessity. Businesses that arise when the individual seeks a change in his life or as a new way to generate economic income. This type of undertaking is given by the need of the entrepreneur and not by a market need.
  • Entrepreneurship by opportunity. Businesses that arise from observing a lack or failure in the market.

According to the area in which they are developed:

  • Social enterprises. Businesses that innovate with ideas that are profitable but also have a positive impact on the social environment and environmental of a community.
  • Digital ventures. Businesses that are carried out entirely in Internet, the production and commercialization of the service is 100% digital.

Characteristics of an entrepreneurial person

An entrepreneur is innovative, creative, and persistent.

When undertaking an undertaking, it is important to bear in mind that, in addition to the idea, certain capacities must be developed. An enterprising person is characterized by being:

  • Innovative. Create adraft from new and original ideas.
  • Creative Create from interesting and novel ideas.
  • Able to assume risksIt takes into account the unpredictable and overcomes the challenges that the development of a project generates.
  • Persistent. Work and wait patiently for the results and profits, which in many cases, do not arrive in the first months, but weather after starting the venture.
  • Flexible and adaptable. It is open to change and always focused on growing. Along the way he modifies certain aspects of the venture to obtain better results.
  • Patient. He is aware that the idea should not be rushed, and does not usually lock himself in to think a perfect idea, but chooses to live his life like all other people, to experience the same needs as others and thus find, within that path, the idea to develop.
  • Informed. Investigate studies ofmarketingthat they can contributedata frominterest For an entrepreneur, it generates ties between people who are in a similar situation.
  • Confident and determined. You have or develop an entrepreneurial spirit to work on your own and generate your own business. Entrepreneurship is usually a very difficult decision, whoever makes it knows that they are giving up the stability that asalary.

Importance of entrepreneurship

Many professionals decide to develop their own project in order to achieve financial stability. In this situation, governments and business incubators help entrepreneurs by organizing entities dedicated to promoting small businesses.

This is because this type of project gives impetus to theeconomy, especially when considering that thedemand work tends to grow at a rate higher than that of theoffer.

On many occasions, a family business helps thefamily manage to satisfy yourbasic needs fromlife or improve it remarkably. In addition, an enterprise gives independence, since a person who has his own enterprise works in a particular way and does not depend on bosses or schedules.

Social and environmental ventures

Social and / or environmental enterprises are those that innovate with projects that have as objective improve the well-being of society or the environment. For that, they produce a good or a service, but also generate a positive social or environmental impact in a community.

Those that aim to offer opportunities to reduce social inequalitiesThey will be social enterprises, also called “social impact enterprises”.

Those who aim to reduce the environmental impact they are called "sustainable enterprises", "environmental enterprises" or "environmental impact enterprises". This type of undertaking also aims to generate a change of consciousness in the consumer.

In general, they are carried out by companies that pursue both economic profitability and the positive social and environmental impact of the production of what they commercialize.

Triple impact ventures

Triple impact ventures are projects that seek to generate a comprehensive positive impact on society and the world.

For this they use three fundamental pillars:

  • Environmental impact. The impact on the environment and the means that generates the production of the good or service carried out by the enterprise and an attempt is made to reduce or eliminate it. For this, practices of recycling, reuse, energy saving, among others.
  • Social impact. The social factor and its importance in the development of the enterprise are taken into consideration. For this, values ​​such as transparency are respected, Justice Y honesty that are reflected in social practices such as: generating work, paying wages in a timely manner, pay the taxes, respect the rights of workers, among others.
  • Economic impact. It is the piece that keeps the enterprise afloat and allows to sustain environmental and social practices. It is essential that to achieve this end it does not harm or go against the values of undertakings of this type.

Intrapreneurship

An intrapreneurship is that innovative idea or new business that arises within the structure of a company or organization.The term was introduced in 1985 by Gifford Pinchot as a way to harness and foster the entrepreneurial and innovative potential of employees.

Intrapreneurship is born within companies or organizations for the development of new ideas and to face the innovation from the competition.

To achieve balance and encourage the emergence of innovative ideas it is recommended:

  • Guarantee the physical time to the employees so that they can develop ideas.
  • Take the ideas into account once they are presented.
  • Generate some benefit or compensation that motivates employees to discover new forms of business or innovative ideas.

Follow with: Social entrepreneurship

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