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1 [note 1] The term is originally a loanword from French and was first defined by the Irish ________ Richard Cantillon.

2 Observers see them as being willing to accept a high level of personal, professional or financial ________ to pursue opportunity.

3 Scholar Robert. B. Reich considers leadership, management ability, and ________ as essential qualities of an entrepreneur.

4 An entrepreneur is a person who has possession of a new enterprise, venture or ________ and assumes significant accountability for the inherent risks and the outcome.

5 Some distinguish business entrepreneurs as either "political entrepreneurs" or "market entrepreneurs," while ________' principal objectives include the creation of a net social benefit.

6 ________ is often difficult and tricky, resulting in many new ventures failing.

7 ________, a French economist is believed to have coined the word "entrepreneur" first in about 1800.

💡 Interesting Facts

  • Jake Simmons, Jr. was the most successful African-American entrepreneur in the history of the petroleum industry?
  • Joseph McCoy was a 19th century cattle baron who is often cited as the inspiration for the phrase "The Real McCoy" because he made good on his pledge to Texas ranchers to get them a good price for their Longhorn cattle if they drove them from Texas to Kansas on the Chisholm Trail?
  • after his son was murdered during a study abroad program, entrepreneur Tom Petters formed a foundation to provide endowments that would benefit future students at several universities?
  • an Australian violist Richard Goldner founded Musica Viva Australia in 1945, the world's largest entrepreneurial chamber music organization?
  • Inderjit Singh, member of the Parliament of Singapore, started six businesses?
  • B.P. Newman, a business entrepreneur from Laredo, began operations with a dairy distributorship but branched into restaurants, subdivisions, apartments, and ranches throughout much of Texas?
  • Italian-Swiss entrepreneur Carlo Gatti pioneered the sale of ice cream to the general public in London from 1849, and later ran several music halls?
  • venture capitalists committed US$25,000 to the Next Big Sound after a group of Northwestern University students presented it as their entrepreneur class assignment?
  • Very Light Jet entrepreneur Jim McCotter founded a religious movement?
  • entrepreneur Joe Dudley's multi-million dollar hair and skin care business began with a mere US$10 investment in a sales kit in 1957?