Rate this article:
To be an entrepreneur is to be a pioneer. Each day is different, presenting new challenges and opportunities as the entrepreneur seeks to implement solutions to particular problems. The term “entrepreneur” was first defined by Irish economist Richard Cantillon. While precise definitions vary, this definition used by researchers at Harvard encompasses both for-profit and social-enterprises, in that an entrepreneur is someone who pursues an opportunity beyond the resources currently controlled. The excitement, challenges, rewards, and costs of being an entrepreneur vary by your role. A founder must build a team, align internal and external people, secure funding, and guide the organization along a focused strategy. A scientist or technical domain expert must overcome technical challenges, maintain momentum and motivation throughout the technical team, and, quite frequently, invent new scientific strategies if the planned upon ...