In economics and business, entrepreneurship is the initiative of a person who assumes an economic risk and invests resources in order to take advantage of an opportunity offered by the market.
A person who starts his own business or creates a small company is known as an entrepreneur. Entrepreneurship usually represents a way out for people who are unemployed.
This word refers to the verb to execute or carry out a work or business, it implies turning an idea into an innovation, transforming it in such a way that it fulfills the main objective of achieving a vision, involving creativity, persistence and exposure to risk.
The Sales Glossary is a compendium of all the most commonly used terminology in sales strategy. Many of the concepts listed here are used when implementing a CRM system or a digital sales funnel, no matter if they are legacy systems or an online CRM. See also our blog that deals with sales techniques, marketing and sales culture.