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There are entrepreneurs who have been able to invent their own products and market them. There are new products in the market which have not existed before. These are done by entrepreneurs.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?
I belive it will be hard for an enterpreneur to focus on both investor and las becomes an innovator , though investors boost your business , but UN some aspect , you don't really need them in small business.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..
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