ENTREPRENEUR

Lecturer : Taufik Khusaini S.S

Arranged by :

Erlina Hasana Putri (17071012)

FACULTY OF LANGUAGE AND LITERATURE

WIJAYA PUTRA UNIVERSITY

SURABAYA

2019
 PREFACE

Praise and thank you to the Almighty God for and thanks to His mercy that

we can still feel until now, so that we are made easy in every step, especially of

this business entrepreneur proposal. In this business entrepreneur proposal, I am

as the author strives to describe all the entrepreneur and trader aspects from the

meaning of entrepreneur and trader until comparison of entrepreneur and trader.

Hopefully this report is useful for readers. Thank you for your attention,

hopefully it can be useful and can be used as inspiration for readers.

Surabaya, April 24th, 2019

Author

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 TABLE OF CONTENTS

Pages

COVER ......................................................................................................... i

PREFACE ..................................................................................................... ii

TABLE OF CONTENTS .............................................................................. iii

CHAPTER I. INTRODUCTION .................................................................. 1

1.1 Background ............................................................................................. 1

CHAPTER II THE MEANING OF ENTREPRENUR & TRADER ........... 2

2.1 The meaning of Entrepreneur ................................................................ 3

2.2 The meaning of Trader ............................................................................ 3

CHAPTER III ............................................................................................... 4

3.1 Comparison of Entrepreneur &Trader .................................................... 4

CHAPTER IV CONCLUSION .................................................................... 5

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 CHAPTER I

INTRODUCTION

1.1 Background.

An entrepreneur is a person who sets up a business with the aim to make

a profit. This entrepreneur definition can be a bit vague but for good reason. An

entrepreneur can be a person who sets up their first online store on the side or a

freelancer just starting out. An entrepreneur is someone who starts a side hustle

that can eventually create a full-time, sustainable business with employees. Same

with the freelancer.

However, the entrepreneur meaning involves much more than being a

business or job creator. Entrepreneurs are some of the world’s most powerful

transformers. And the entrepreneur definition rarely ever talks about the

enormous impact entrepreneurs have on the world.

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 CHAPTER II

2.1 What is the meaning of Entrepreneur?

An entrepreneur is an individual who, rather than working as an employee,

founds and runs a small business, assuming all the risks and rewards of the

venture. The entrepreneur is commonly seen as an innovator, a source of new

ideas, goods, services and business/or procedures. Entrepreneurs play a key role in

any economy. These are the people who have the skills and initiative necessary to

anticipate current and future needs and bring good new ideas to market.

Entrepreneurs who prove to be successful in taking on the risks of a startup are

rewarded with profits, fame and continued growth opportunities. Those who fail

suffer losses and become less prevalent in the markets.

2.2 What is the meaning of Trader?

A trader is someone who buys and sells a good for profit. trading refers to

the buying or selling of stocks, bonds, derivatives, commodities and other

financial securities. Traders can work for themselves or for an institution, such a

fund or bank. The end goal is to buy low and sell high, creating a profit.

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 CHAPTER III

3.1 Comparison of entrepreneur and trader

Traders are the backbone of this country. They create jobs, come up with

new ways of doing old things, and help keep money in the local community.

Without small businesses, we’d be in a bigger economic mess. Among those of us

with small businesses, there’s confusion between the terms Trader and

Entrepreneur. Both can have small businesses, but they have different styles of

leadership and thoughts on running their business. One is not better than the other,

they’re just different as follows :

Traders have a great idea.

They solve a problem in their community. They know their business and target

audience. They know what will make their customers happy. They serve their

customers.

Entrepreneurs have big ideas.

They dream big. They think big. They come up with ideas that haven’t been

tested, diagnosed, or worked through. A lot of times they don’t even know if their

ideas are possible, which gets them even more excited.

Traders owners hold steady.

They like to know what’s coming next and where it’s coming from. They make

calculated decisions where the outcome is clear. The result may not be huge, but it

will typically keep them moving forward.

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Entrepreneurs love risk.

They step out on a ledge more often than not. They jump in with both feet

knowing that if they put in their full effort, the risk will be worth it more often

than not.

Traders think about the things they need to finish this week.

They have daily and weekly to do lists. They manage employees, work with

customers, network with new customers, and keep everything rocking and rolling.

Entrepreneurs are thinking ahead six months.

While their team is thinking about what they’re doing that week, they tend to skip

the now and focus on the future of the company. They have people to manage the

business, and if they don’t, they soon will.

Traders are sentimental with their businesses.

They never plan on selling or handing their business off to someone else unless

it's family. They like making the decisions and running the day-to-day.

Entrepreneurs focus on scaling.

They want to grow and grow they will. Although they may not focus on selling

the business, they set it up to run without them. They surround themselves with

experts while they end up being the rainmaker.

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 CHAPTER IV

CONCLUSION

To be successful in sustainable business practices often requires

entrepreneurship and innovation. This chapter provides an overview of

entrepreneurship and innovation as it relates to sustainable business. The

discussion is most relevant to sustainable businesses focused on offering new

products and services in response to societal concerns. The importance of

entrepreneurship and innovation also applies to companies that change how they

produce products and services. The latter companies can use innovative practices

and entrepreneurship to establish their brand name and to be market leaders in

doing things that create shared value for society and their companies and also,

over time, contribute to changes in practices in their industry.