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Entrepreneurs are faced with liquidity constraints and infrequently lack the necessary credit rating needed to borrow large amounts of cash to finance their venture.
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A feminist entrepreneur is a person who applies feminist values and methods through entrepreneurship, Using the intention of increasing the Standard of living and effectively-staying of women and girls.[seventy three] Most are doing this by creating "for Females, by women" enterprises.
As outlined by Christopher Rea and Nicolai Volland, cultural entrepreneurship is "techniques of person and collective agency characterised by mobility among cultural professions and modes of cultural manufacturing", which refers to Imaginative business actions and sectors. Within their e-book The Business of Tradition (2015), Rea and Volland detect three forms of cultural entrepreneur: website "cultural personalities", described as "individuals who buil[d] their own own brand name of creative imagination to be a cultural authority and leverage it to make and maintain different cultural enterprises"; "tycoons", outlined as "entrepreneurs who buil[d] substantial clout from the cultural sphere by forging synergies concerning their industrial, cultural, political, and philanthropic interests"; and "collective enterprises", businesses which can engage in cultural creation for financial gain or not-for-profit uses.[fifty six]
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In distinction, entrepreneurial ventures offer an modern merchandise, approach or assistance along with the entrepreneur usually aims to scale up the business by including workforce, trying to find international revenue and the like, a process that is financed by venture money and angel investments. In this manner, the term "entrepreneur" could possibly be far more closely associated with the term "startup". Profitable entrepreneurs have the ability to guide a company in a very constructive course by proper planning, to adapt to shifting environments and understand their particular strengths and weaknesses.[50]
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The American-born British economist Edith Penrose has highlighted the collective character of entrepreneurship. She mentions that in fashionable organizations, human means have to be put together to better capture and build small business options.
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