Nature of Entrepreneurship course Coursework Example | Topics and Well Written Essays - 1750 words

Nature of Entrepreneurship course - Coursework ExampleE trulyone can set out an enterpriser as it is the easiest thing to do. faint in the sense that, one doesnt take a leak to go to school or use a lot of many to become an entrepreneur. As Seth Godin says, one has to study for very many years to become a neurosurgeon (Seth, 2012). However, you doesnt have to do such for you to become an entrepreneur. This qualifies the fact that entrepreneurs are born. It is also interesting to know that not everyone can become an entrepreneur, even though anyone is able to become one. The nature of entrepreneurship has some connections with other terms such as monopoly, market, entrepreneurial learning, opportunity and creativity. In this essay, we ordain discuss the nature of entrepreneurship course with relation to the above mentioned terms that are connected to it.Monopoly is a very important tool for entrepreneurs. For one to become a successful entrepreneur, as Seth Godin says, they mus t have the power of monopoly on various aspects. Monopoly sets in on the issue of space, product, customers and even idea. When an individual can summons the market of a particular location, it means they have a monopoly of supply in that location. This is one of the things that keeps them in business and make them successful as entrepreneurs. Monopoly can also exist in the idea that an entrepreneur has. For instance, Apple is able to do what it does because it has a monopoly of idea of meeting the demands of its customers. It provides products that solve the customers problems, hence, reservation their products most likable in the market against their competitors (Nabi & Holden, 2008). Therefore, the idea of monopoly in entrepreneurship, refers to having control over the unique ways of doing business that makes you what you are in what you do. Entrepreneurship is basically built by the creation of monopoly that becomes like a defacement name in business.People can have great id eas that lead them to becoming great entrepreneurs. However,