Self-employment: A Basic Guide Complete - The word "entrepreneur" or in the language of Indonesia, "self-employment", is indeed the more often undertaken lately. Do you include people who are interested in becoming an entrepreneur? If Yes, it's good you read complete guide from us this time to better understand the basics.
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What is Self-employment?
Self-employment is a standalone business or business activities in which all the resources and efforts of the charged to principals (referred to as an entrepreneur) in identifying new products, determine how the new production, as well as drawing up an operations and markets as well as set up of capital. The purpose of this activity is to produce something of value is higher than before being processed.
Here is an understanding of entrepreneur according to experts!
- Entrepreneurial individual innovator and is developing something unique and new (entrepreneur was an inventor and the individuals who build a new and unique thing)-Richard Cantillon, 1755.
- Entrepreneurs are entrepreneurs who are able to manage resources economically and owned (effective and efficient) and low productivity levels become high-j. b. Say, 1803.
- Entrepreneur is a person who performs management, organizing, and dare to bear all the risk in creating business opportunities and effort new-f. Burgess, 1993.
Advantages and disadvantages of entrepreneurship
- Open up new jobs for the community
- Discretion in arranging jobs
- Hone potential kind of creativity and so forth
- Generate a large amount of profits
- Has the quality of leadership in
The deficiency can be experienced entrepreneur:
- Uncertainty in time generate revenue even after setting up and running such business and duties towards employees led
- The risk of losing a wide range of investment
- A heavier work load despite the time and rhythm of work tend to be flexible
- The difficulty in making decisions is very important because the impact on the effort that built
- The abundance of capabilities that need to be honed a kind of human resource management, financial management, self management (balance work with personal life)
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The difference in Self-employment and Entrepreneurial
The second purpose of the term is indeed often overlapping. But when viewed from the understanding and common cases, entrepreneurial and self-employed the difference is the mental attitude or form of business/operations. The meaning is obvious, entrepreneur is a form of independent business with the city itself. While the entrepreneur is a person who works under the direction of another person as a supervisor/boss.
So, yes it's the entrepreneurial people who simply had his own business while self employed still "join the others."
Indeed most experts in the field of own business also supports the existence of a difference in the meaning of both, but the difference is not significant. So, in some literature or reading scientific terms used sometimes used together. In addition, another interesting fact that is, second the term it did have the same definition in the dictionary of the languages United Kingdom.
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The Characteristics Of The Entrepreneur
Typically, an independent entrepreneurs have some characteristic below:
- High awareness for the initiative advancing the company and is responsible for whatever happens within the company
- Confidence in the ability of oneself without being arrogant and vain man. This includes also the confidence and fighting power of the high
- A strong desire to get the most from all the work done
- Vigorous, its energy feels alot more than people in General
- Visionaries, future-oriented and not relived the lack or failure in time ago, focusing on solutions
- Good skills in the lead, motivate and organize. Being smart in trusting a variety of jobs in others and encourage workers give best results
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