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An entrepreneur is a person who organises and manages a business venture or enterprise with considerable initiative. They will assume the risk, responsibilities and potential rewards or failures of the venture.  Future Growth Strong

They are often opportunists who can identify a niche in the market and have the ability to innovate, develop a business idea and generate new products and services.

Entrepreneurs find opportunities in an extremely diverse range of business or industry sectors. They play a key role in any economy.

Becoming a successful entrepreneur is not always easy. Many entrepreneurs have experienced both failures and successes. Being successful is assisted by planning your business venture properly and having resilience and optimism to overcome challenges.

Researching the market, developing a business plan and considering financial costs will assist you in working out if your business idea is viable.

To increase opportunities for success you should get advice on how to set up a business, how to employ and manage staff and be able to understand regulations and licensing requirements.

Thinking

Knowledge, skills and attributes

An entrepreneur needs:

  • a vision to recognise business opportunities
  • ability to identify what people want and how to improve the business
  • to be a creative thinker
  • to be confident and enthusiastic
  • commitment and determination
  • resilience
  • leadership and management skills
  • team building skills
  • decision making and problem solving skills
  • communication skills
  • time management skills
  • business and industry knowledge

Working conditions

Entrepreneurs can expect to work in a variety of conditions dependent on what business or industry their business venture is involved in.

Tools and technologies

Entrepreneurs use a range of general office equipment including computers, photocopiers and mobile phones. They will generally need a valid driver's license.
Other tools and technologies will depend on the type of business venture the entrepreneur is involved in.


Education and Training

It is possible to become an entrepreneur without formal qualifications.

It may improve your chances for the success of your business venture if you have completed training related to business, entrepreneurship or setting up a business.

Qualifications in these areas, from certificates through to degrees are offered through State Training Providers, universities and other registered training organisations (RTOs).

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Entrepreneur

Butcher

Waiter

Florist

Hairdresser

Salesperson

Baker

Chef

Greengrocer

Home Entertainment Store Attendant

Beautician

Newsagent

Pharmacist

Locksmith

Retail Manager

Funeral Director

Pastrycook

Barista

Tattoo Artist

Auctioneer

Events Coordinator

Restaurant Manager

Wedding Coordinator

Hotel Motel Manager

Drycleaner

Pet Groomer

Picture Framer

Makeup Artist

Visual Merchandiser

Screen Printer

Signwriter

Kennel Cattery Operator

Vending Machine Servicer

Croupier

Butcher

Waiter

Florist

Hairdresser

Salesperson

Baker

Chef

Greengrocer

Home Entertainment Store Attendant

Beautician

Newsagent

Pharmacist

Locksmith

Retail Manager

Funeral Director

Pastrycook

Entrepreneur

Barista

Tattoo Artist

Auctioneer

Events Coordinator

Restaurant Manager

Wedding Coordinator

Hotel Motel Manager

Drycleaner

Pet Groomer

Picture Framer

Makeup Artist

Visual Merchandiser

Screen Printer

Signwriter

Kennel Cattery Operator

Vending Machine Servicer

Croupier

Butcher

Waiter

Florist

Hairdresser

Salesperson

Baker

Chef

Greengrocer

Home Entertainment Store Attendant

Beautician

Newsagent

Pharmacist

Locksmith

Retail Manager

Funeral Director

Pastrycook

Entrepreneur

Barista

Tattoo Artist

Auctioneer

Events Coordinator

Restaurant Manager

Wedding Coordinator

Hotel Motel Manager

Drycleaner

Pet Groomer

Picture Framer

Makeup Artist

Visual Merchandiser

Screen Printer

Signwriter

Kennel Cattery Operator

Vending Machine Servicer

Croupier

Butcher

Waiter

Florist

Hairdresser

Salesperson

Baker

Chef

Greengrocer

Home Entertainment Store Attendant

Beautician

Newsagent

Pharmacist

Locksmith