Skip to main content
Asked a question 4 years ago

Discuss the roles of an entrepreneur.

Where am I?

In StartupTalky you can ask and answer questions and share your experience with others!

An entrepreneur is the one who plans, organizes, manages and take the risk of any business. Their is a lot of hard work needed in expanding an enterprise.To230 run a business effectively and efficiently, an entrepreneur has to perform certain roles for that.

Informative- Entrepreneur has to transmit information internally and externally the organisation.

Monitoring - Entrepreneur also has to look after the internal and external changes in the environment of the business constantly.

Leadership - He has to lead the people by hiring, training , motivating whenever needed.He has to bring people together with their opinions and approaches to work as a team.

Resource allocation - Entrepreneur has to decide where the resources must be allocated as there are various departments in an organisation with different needs. 

Social role - He has to think for the welfare of people and provide them services accordingly.

Technological role - He has to bring new technology and also changing traditional techniques with modern.