1.1 Therefore in a nutshell, Entrepreneurship is


To identify opportunities and to construct something novel and then use various means to exploit or develop them.

Entrepreneurship engages in

a. Spotting an opening,
b. Recognizing the actions essential to take advantage of and extend this prospect
c. Initiation the new enterprise
d. Productively administrating the new business.

Identifying the break to:

a. Construct something new
b. Build up a new market,
c. Utilize an innovative raw material
d. Develop a new way of production


1.1 Therefore in a nutshell, Entrepreneurship is


The new opportunity must have:

a. A business-related value
b. A touch of what people will want to own or use
c. Utilize an innovative raw material