Monday, February 14, 2011

Wantrepreneur - Defined

OK, I was speaking to a group of college MBA / Graduate students about starting a company, and a term I have used many times was brought up, and no one had heard of as a public service, here is the definition of wantrepreneur.  (see also intrapreneur, which I did not coin)

1. a person who thinks about being an entrepreneur or starting a business but never gets started.

2. a person who fails to organize or manage any enterprise, especially a business, involving any considerable initiative and risk.

verb (used with object)

3. failure to deal with or initiate as an entrepreneur.

verb (used without object)

4. to act in a manner contrary to an entrepreneur.

5. to accept the status quo in any business situation

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