Money for entrepreneurs

    A good idea will solve a problem. A brilliant one solves a whole lot more. A person who under takes a commercial venture – an entrepreneur

“The entrepreneur is commonly seen as a business leader and innovator of new ideas and business processes .[1] Management skill and strong team building abilities are often perceived as essential leadership attributes[2] for successful entrepreneurs. Robert B. Reich considers leadership, management ability, and team-building as essential qualities of an entrepreneur. This concept has its origins in the work of Richard Cantillon in his Essai sur la Nature du Commerce en (1755) and Jean-Baptiste Say[3] in his Treatise on Political Economy.”

Source Wikipedia: http://en.wikipedia.org/wiki/Entrepreneur

 needs money for his venture. The more easily he gets it the more will be his future and his business. His entire fortune depends upon the mode of finance he opts for his business.

In the normal way, money is financed to the entrepreneurs by the financial institutions or bank as the case may be. For getting the required finance one has to satisfy the formalities of the lender. In many cases many hopes of the entrepreneur is perished in the beginning itself due to the difficulty in getting the finance. His ideas and aspirations are totally destroyed and the people around him also de-motivated.

In case money is easily available to the entrepreneurs, good number of industries especially in small scale sector as well as in large sector usher in large numbers. An urge to do business supplemented with availability of money will lead to industrialization to the country and people’s manpower will be utilized to convert it into money again, which will bring wealth to the nation as well as to its people. It is a chain reaction leading to over all economic activities. Manpower otherwise lie idle in most cases can be utilized in this fashion. It is the duty of the nation to arrange money for the entrepreneurs. It will be in the interest of the nation that in stead of the entrepreneur approach for money, the nation should approach the right kind of people and enthuse them the entrepreneurship among them. By doing this the nation is doing away the unemployment and brings more purchasing power to the common man.

In many developing and developed nations funds, infrastructure etc. are arranged by the nation itself. Free power, water and other raw materials are arranged under subsidy to the new entrepreneurs. When such facilities are supplied it will boost the industrial growth which in turn augurs prosperity to the nation also. The entrepreneur with such facility makes better product at competitive rates and can even compete with other products in the market. Commodities with economic prices will attract customers in large. The entrepreneur flourishes side by side his environment and people associated with it also developed.

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