Most of the people commit a mistake in spelling the “Entrepreneur”. These mistakes are summarized hereunder:
“Enter” Is Not the In Entrepreneur:
Well, this is the most common mistake made by the people; they think the entrepreneur begins with “enter”.
No, this is not so. The entrepreneur begins with “Entre” rather. You must instill in your mind that the entrepreneur has “entre”, which is the archaic spelling of the “enter”.
Just, think of the old times, English new business ventures and you will not forget that it is “entre” not “enter”.
“Per” Is Not In Entrepreneur:
Another common mistake made by people in spelling entrepreneurs is that they spell middle part of the entrepreneur as “per”.
Per is the part of our regular communication style, so we may happen to think that “per” rightly sits in the middle of the “entrepreneur”. However, this is not so.
You must remember that the middle part of the entrepreneur has “pre” not “per”. Like entre, there is “pre”. You only need to remember “entre”, then follow the phonic with “pre”. Easy to remember now?
Neur, Not Nure In the Last of “Entrepreneur”:
Most of us are comfortable at putting “e” after the “r” or “se” mostly. Spellings that have differently “e” or any vowel placed, are really hard to remember. The same is the case with the “entrepreneur”. It has some uncommon alphabet placing, so it is really difficult to spell “entrepreneur”.
This is the last thing that you must remember; “neur” comes in the last of the “entrepreneur” not “nure”. Got it? Yes, never forget it.
What Are The 4 Types Of Entrepreneurship?
An entrepreneur is somebody who demonstrates leadership qualities and takes the organization towards success.
An entrepreneur undertakes a business venture and takes every risk for achieving his/her ends. Usually, there are four types of entrepreneurship. They are given below:
Small Business Entrepreneurship
Small businesses entrepreneurship examples include hairdressers, grocery stores, consultants, travel agents, carpenters, plumbers, electricians or any business that demands small investment and little financial resources.
Business entrepreneurs aim at only making money that will be sufficient for feeding and taking care of their families.
Their objectives do not include ruling the industry or becoming P100 million business. Small business entrepreneurs obtain funds for the business from friends, family or any small business loan.
Scalable Startup Entrepreneurship
This is very different from the small business entrepreneurship; scalable startup entrepreneurs are aware about their missions, goals and objectives.
They want to rule the industry, and they know that their visions will change the way industry operates. Scalable startups obtain funds from the venture capitalists, who can give those millions of dollars in “experimenting” a crazy idea.
Large Company Entrepreneurship
It is a type of entrepreneurship undertaken by companies that have a solid set of life cycles.
These companies aim at bringing innovation to their products by introducing variants of their products in the market.
The reason for undertaking this entrepreneurship may include change in the taste of the consumers, new technologies, competitors, legislation or any other type of disruptive innovation.
This is the type of entrepreneurship that is executed by leaders in order to solve a particular problem of the citizens.
They are opposite of the scalable entrepreneurship, as social entrepreneurs aim at making the world a better place for themselves and others – they do not want to amass wealth or position in the market.
They only care for increasing the quality of their lifestyle and standards of their and others living through hard work, determination, volunteering, collaboration, and devotion.
What Does It Mean To Be An Entrepreneur?
An entrepreneur is a person, who brings forth a crazy and innovative idea. The idea is utterly disruptive or life-changing, so the entrepreneurs think differently than others.
Entrepreneurs have the guts to “lose the money and accept the risks” while trying their invented formula of the business or businesses.
An entrepreneur thinks out of the box; those who think into the box also succeed.
There is an insanely huge target audience – one only need to possess the right tools in order to reach the new heights of success.
So, an entrepreneur is a person who introduces a business idea into the market, takes great financial risks while doing so.
How Do You Pronounce Entrepreneur?
In the formal British, you can pronounce entrepreneur as “on·truh·pruh·nuh”. You will be pronouncing every vowel heavily in the British accent.
You will also be adding “z” notably in the word, and not stretch any word during the pronunciation.
If you do not accentuate the vowel and pronounce every word heavily, you would be pronouncing it inaccurately in British accent.
In American English, you will be pronouncing it as “on·truh·pruh·nuh”. You will not be stressing upon the vowels or any letter.
You will pronounce the world effortlessly in a single sigh. American ones is easy, right?
Who Is An Entrepreneur In Simple Words?
In simpler words, entrepreneur means a venture taken by a person who has solid plans and models to achieve his objectives.
In order to achieve his objectives, the entrepreneur seeks funds and financial resources. Financial resources are retrieved from various sources available at their end.
Thus, entrepreneur is a person who tries to work on an opportunity to obtain financial benefits from it than to work as an employee.
An entrepreneur does not follow the path, rather creates a path for himself.
Entrepreneur’s right spelling is the opposite of what is commonly perceived; it is not entering but entre, it is not per but pre and lastly it is not sure but near.
There are four types of entrepreneurship, and they are a.
Small Business Entrepreneurship, b. Scalable Startup Business Entrepreneurship, c. Large Company Entrepreneurship and d. Social Entrepreneurship.
The correct way to pronounce entrepreneurship is ““on·truh·pruh·nuh”. In simpler words, an entrepreneur is a person who tries his luck in the business.