Entrepreneurship is defined as the activity of setting up a business or businesses taking on financial risks in the hope of profit. An entrepreneur is an individual who creates a new business, bearing most of the risks and enjoying most of the rewards. The process of setting up a business is known as entrepreneurship. The entrepreneur is commonly seen as an innovator, a source of new ideas, goods, services, and business/or procedures. If you want to do billion dollar things and your pocket are not like Bill Gates then you better have a great network. Your network is your human capital and can make the difference for the lack of capital.
Joining us for our discussion on Entrepreneurship is Kevin Hicks who is on the phone from his New York, New York office Kevin Hicks Kevin Hicks is a Partner with Blackman and Associates; a franchise consulting firm, which provides franchise advisory and acquisition services for individuals and companies. Blackman and Associates identifies the most viable and lucrative franchise opportunities for its clients, with both start-up and existing businesses. The firm provides market research; marketing strategies; business plan development; franchise management recruitment; due diligence assistance, deal searches; acquisition of both debt and equity financing; and strategic franchise growth planning. His organization operates under the belief that the next human rights frontier for people of color is economic empowerment. Welcome Back To Mastering Your Money, Kevin Hicks .