Definition

1. Adjective:
   • Willing to take risks in order to make a profit: Describes a person, attitude, or behavior characterized by a readiness to undertake new ventures and financial risks for potential gain.
   • Of or relating to an entrepreneur: Pertaining to the qualities, activities, or spirit of a person who organizes and manages a business, taking on financial risks to do so.

Usage Examples

• Adjective:
  • She has a very entrepreneurial spirit and started her first company at age 19.
  • The government is trying to foster an entrepreneurial culture to boost the economy.
  • His entrepreneurial skills were evident in how he identified and capitalized on the market gap.

Advanced Usage

• "entrepreneurial mindset": A way of thinking that embraces innovation, opportunity-seeking, and calculated risk-taking.
  • Success in this field requires more than capital; it demands an entrepreneurial mindset.
• "entrepreneurial venture": A business undertaking that involves significant initiative and risk.
  • They invested their savings into a new entrepreneurial venture.

Variants and Related Words

• Entrepreneur (n): A person who organizes and operates a business, taking on greater than normal financial risks to do so.
  • The entrepreneur pitched her idea to potential investors.
• Entrepreneurship (n): The activity of setting up a business or businesses, taking on financial risks in the hope of profit.
  • The university offers a course on entrepreneurship.

Synonyms

• Enterprising: Having or showing initiative and resourcefulness.
• Innovative: Featuring new methods; advanced and original.
• Go-getting: Energetically and ambitiously eager to succeed.

Antonyms

• Unenterprising: Not having or showing initiative or entrepreneurial spirit.
• Risk-averse: Unwilling to take risks.
• Bureaucratic: Overly concerned with procedural correctness at the expense of efficiency and innovation.

Related Phrases

• "entrepreneurial spirit": The attitude and approach of an entrepreneur, characterized by innovation, risk-taking, and drive.
  • The company was founded on an entrepreneurial spirit that it strives to maintain.
• "entrepreneurial ecosystem": The interconnected network of institutions, people, and processes that supports entrepreneurship in a region.
  • A strong entrepreneurial ecosystem includes access to funding, mentors, and talent.

Adjective

1. willing to take risks in order to make a profit
2. of or relating to an entrepreneur
   • entrepreneurial risks