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Social Entrepreneurship - Essay Example

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The articles focus on existing misconception of social entrepreneurs and the true qualities of successful social entrepreneurs. Although most people rate successful entrepreneurs based on their achievements, successes in entrepreneurship depend entirely on influence. …
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Social Entrepreneurship
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"Social Entrepreneurship"

entrepreneurs. However, opportunities come with risks that deter entrepreneur’s success. The presence of risks in entrepreneurship indicates or requires that entrepreneurs have to have a high degree of self-correcting. This aspect seems simple but it cannot be overstated since, it is difficult to reverse a loss resulting from an assumed risk. However, inclination to self-correct option is a factor that distinguishes entrepreneurs according to their experience. The element of self-correction combined openness to market forces promotes the self-adaptive and determines the quality of an entrepreneur.
Success cannot be achieved in isolation, therefore entrepreneurs need to have the willingness to share credit with other people. Willingness to share credit with other people enables entrepreneurs to recruit a pool of people who share common interests. Sharing credit with other people provides an opportunity for entrepreneurs to share their risks and success. Entrepreneurs are people who are driven by the desire to make a change in their society and, therefore the need to share credit comes out naturally. Read More
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