Is It Important for An Entrepreneur To Have An Inventor?

[maventiger]

An entrepreneur is an individual who creates a new business, bearing most of the risks and enjoying most of the rewards.



An entrepreneur is sometimes seen as an innovator, a source of new ideas, goods, services, and business/or procedures. But the truth is, it’s Very rare to someone that has both.

An entrepreneur might be good in the business aspect while the inventor is an expert in creation of new things, method or procedures.

If you’re an entrepreneur with business skills you need and inventor. Vice versa

Success happens when an innovative product gets in the hands of an entrepreneur that CREATES a business model around the invention

Jobs (Entrepreneur) + Woz (Inventor) = Apple Computer

It is possible for an entrepreneur to play both roles effectively?

 

[Olubayo12]

this is a good idea as far as entrepreneurship is concerned. one has to make sure that he consists his business in such a way that it will be synchronized with the latest trend in form of taste and technology. having an inventor for one's business is one of the ways to make the business standard.

An entrepreneur is an individual who creates a new business, bearing most of the risks and enjoying most of the rewards.



An entrepreneur is sometimes seen as an innovator, a source of new ideas, goods, services, and business/or procedures. But the truth is, it’s Very rare to someone that has both.

An entrepreneur might be good in the business aspect while the inventor is an expert in creation of new things, method or procedures.

If you’re an entrepreneur with business skills you need and inventor. Vice versa

Success happens when an innovative product gets in the hands of an entrepreneur that CREATES a business model around the invention

Jobs (Entrepreneur) + Woz (Inventor) = Apple Computer

It is possible for an entrepreneur to play both roles effectively?

 

[Chaudhary10]

You can make a living writing. Yes, it's possible to support yourself by writing full-time. And you don't have to be famous or lucky to do it. I've done it for the past six years and have coached thousands of others through the same process, seeing many of them succeed.

 

[Adetayo100]

Inventors create new products. Entrepreneurs create companies around those products. With guys like Ford and Gates, these aren't people who invented something new; rather, they took what was already made and built organizations around them.
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Inventors create new products. Entrepreneurs create companies around those products. With guys like Ford and Gates, these aren't people who invented something new; rather, they took what was already made and built organizations around them.

 

[Caali]

Yes.
An inventor creates a product or service. But they might do that inventing for someone else who sells it.An Entrepreneur starts a business. But the product or service the business they are running might not be invented by them. It might be..

 

[Kamon c4]

It’s very possible to play both enterpreneur and innovator. Though it’s not a compulsory quality an enterpreneur must posses but the growth of the business depends on new ideas. An enterpreneur may be the person with the money while he/she employ the services of brilliant and intelligent minds

 

[Trexxxy]

I think it would be hard to focus on both. In my personal opinion, I think it is better to just focus on one aspect. It would be mentally exhausting to focus on both aspects of the business. But we do have people who are builders and entrepreneurs as well.

 

[Onachukwu]

And there are other benefits to an innovative entrepreneur. Says Spulber, “having entrepreneurship available means that inventors will invest more in developing inventions, because they may be able to develop them themselves.” He continues, “This persuades them to invest more in the entire effort of inventing.

 

[Neeta313]

As an entrepreneur if you have the ability and the creative mindset to be able to innovate something, you can do it yourself but if you cant think of something, then you can employ the services of an inventor. You want to make sure your products are very unique in the competitive market.

 

[Layefa94]

As far as am concerned it is important that as an entrepreneur or business owner, you must be able to think thoroughly and outside the box y innovation is key in providing solution to problems and making them accept it. So it's compulsory you are innovative or hire an innovator

 

[Nicklas22]

You can do it yourself but if you cant think of something, then you can employ the services of an inventor. You want to make sure your products are very unique in the competitive market.
continues, “This persuades them to invest more in the entire effort of inventing.

 

[Dorcey]

An 'innovation' will use an invention in a way that has economic value and this is what an entrepreneur adds. Inventorswill design and develop new products and entrepreneurs will recognise the opportunities, take risks in starting new businesses and accept challenges.

 

[Victor001]

You have stated clear facts and key points,I will just add by saying business varies, sometimes the things we require can be handle efficiently by us, we should always analyse the business requirement if it needs additional input to avoid bearing additional cost.

 

[Akinwale701]

An entrepreneur is an individual who creates a new business, bearing most of the risks and enjoying most of the rewards.



An entrepreneur is sometimes seen as an innovator, a source of new ideas, goods, services, and business/or procedures. But the truth is, it’s Very rare to someone that has both.

An entrepreneur might be good in the business aspect while the inventor is an expert in creation of new things, method or procedures.

If you’re an entrepreneur with business skills you need and inventor. Vice versa

Success happens when an innovative product gets in the hands of an entrepreneur that CREATES a business model around the invention

Jobs (Entrepreneur) + Woz (Inventor) = Apple Computer

It is possible for an entrepreneur to play both roles effectively?

It is a very good idea to have an inventor as an entrepreneur. this will bring about innovation and will improve the services that the company renders to the public. it also enhance technological advancements and make a business stand out among its peers. Getting an inventor keeps a business up to date

 

[Atiqurrehman]

To turn an idea into a business, it needs the collective efforts and expertise of both the inventor and entrepreneur profiles. Not all inventors are entrepreneurs, and not all entrepreneurs are inventors, but the participation of both is necessary for a venture to be successful.

 

[EMMANUEL]

Basically in some situation, it is advisable to have an investor in your business just to invest and have an agreed amount of return on the scheme you probably would have agreed on, but severally it is only when the investor agreed based on some certain legal terms that I would advise you as a business owner to go for the proposal of accepting an investor.

 

[kayode10]

An entrepreneur is an individual who creates a new business, bearing most of the risks and enjoying most of the rewards.



An entrepreneur is sometimes seen as an innovator, a source of new ideas, goods, services, and business/or procedures. But the truth is, it’s Very rare to someone that has both.

An entrepreneur might be good in the business aspect while the inventor is an expert in creation of new things, method or procedures.

If you’re an entrepreneur with business skills you need and inventor. Vice versa

Success happens when an innovative product gets in the hands of an entrepreneur that CREATES a business model around the invention

Jobs (Entrepreneur) + Woz (Inventor) = Apple Computer

It is possible for an entrepreneur to play both roles effectively?

It is not necessary for a business to have an inventor what's the owner of the business can be an inventor and this will be an added advantage for the business. the most important thing about business is that it should be able to fulfill its purpose, which is filled the customer what they really want at a fair price. As time goes on we can include innovation in the line of their production.

 

[Kingsley]

Starting up a business without the use of technology depends largely on the type of business, there are some business that don't require the use of modern technology to start up. And there are others that might require the use of technology in other for it to thrive. So generally speaking technology helps a business to become more progressive and much more easier and faster. The use of technology is largely encouraged to mark a start up more successful.

 

[Odebunmi ajewamiri]

It Important for An Entrepreneur To Have An Inventor?​

It is important for an entrepreneur to an inventor so as to contribute to the growth of the business, basically investor will only make your business to be enlarge in other to meet up with some standard require, both international and locally.

 

[zenith]

It possible for him or her to play both roles.entrprenures are know for creating business out of almost nothing so they should be able to play both roles and I think having an investor is not necessary but if he like he can have that in his company.