Is It Important for An Entrepreneur To Have An Inventor?

[Lucy ID]

It's not a must for an entrepreneur to have an investors for his or her business, if you are lucky enough to get a good one then you can but if you can't get you don't just go ahead with other plans

 

[Sotherefore]

Well it does not really matters , a business owner can also be an inventor so it depends on what you have to offer . if you have the opportunity to offer both things at a time I do not see anything wrong with it.

 

[Sincerem]

The qualities if a good entrepreneur indicates that they must be innovative that is possesses the ability to connote or come up with new and promising ideas that can enable the growth of their enterprises.

 

[Shigobad20201]

The qualities if a good entrepreneur indicates that they must be innovative that is possesses the ability to connote or come up with new and promising ideas that can enable the growth of their enterprises.

Like you said , a good enterpreneur must always be innovative in thinking about new developments he or she is trying to build for the company to remain consistence and relevant in the business world.

 

[Sotherefore]

In case or in any business organisation that there is a separate inventor , I don't see any problem as long as he is trusted and you all believe in yourselves that you will be able to do the business successfully without any problem , after all trust in the most important thing that will help succeed in business.

 

[tyrim88]

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 mostly rear for most entreprenuer to combine both the managerial ability and innovative capacity,it is very neccessary for him to have both,because it will actually keep him miles ahead of the competition.

 

[Shigobad20201]

It depends on the business you are doing as an entrepreneur, and it also depends on the amount of money you have to run the business , some business does not neccesarily Need investors .

It's not a must for an entrepreneur to have an investors for his or her business, if you are lucky enough to get a good one then you can but if you can't get you don't just go ahead with other plans

 

[tyrim88]

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..

That is definitelly true,you as an entreprenuer might not be the one to be doing the invention,you can come up with an idea and then direct you designer to produce what you have in mind.

 

[Laurentta]

I feel it's possible for an entrepreneur to also be an inventor. He could create and design new products and also create a business atmosphere for the products.

 

[frederick_9]

You can support yourself by writing.
Yes, you can make a living as a writer full-time.
And neither fame nor good fortune are required to succeed.
For the past six years, I've been doing it and coaching hundreds of others through the same process, witnessing many of them succeed.

 

[nana kwasi1]

You can support yourself by writing. Yes, you can make a living as a writer full-time. And neither fame nor good fortune are required to succeed. For the past six years, I've been doing it and coaching hundreds of others through the same process, witnessing many of them succeed.
You have made some very important points and provided clear facts. I will only add that business varies and that sometimes the things we need can be handled by us effectively. We should always evaluate the business requirement to see if it requires additional input in order to avoid incurring additional costs.

 

[Joseph555]

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.

 

[Shigobad20201]

Having an investor for an entrepreneur does not neccesarily need if you have enough money to run your business and you have enough customers patronising your business.

 

[Danny4cash]

An entrepreneur is someone who have ability to conduct business successfully. Most time, an entrepreneur focus only on business. But I think an entrepreneur can also be an inventor.

 

[Joe2]

It's totally fine if you aren't a master of all trades, and you should absolutely hire a product designer, an architect, or an inventor if you feel you need their services.

 

[Eli342]

Because of his or her capacity for creating a company, an entrepreneur is also an inventor. An creator needs to be creative and have a different perspective.

 

[Connor909]

An inventor is essential for an entrepreneur. An innovator can contribute insightful concepts and develop novel goods or services that can aid the entrepreneur's development and success. With their technical expertise and talents, inventors are also able to transform a concept from the ideation stage into a usable product.

 

[Good-Person]

An inventor is essential for an entrepreneur. An innovator can contribute insightful concepts and develop novel goods or services that can aid the entrepreneur's development and success. With their technical expertise and talents, inventors are also able to transform a concept from the ideation stage into a usable product.

I think that innovation also involves creating new opportunities for the customer. If the customer finds your products quite appealing, then they will buy more of them.

 

[Trey]

An entrepreneur is primarily an organizer. He must not be the inventor. It boils down to a person knowing his strength. If you know you are not good with generating new ideas in that business field, please find someone who is good with that and partner with.