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What is entrepreneurship?

In today’s fast-changing world, innovation is the driving force behind progress — and entrepreneurship is one of its most powerful engines. But what does it really mean to be an entrepreneur? And how is it different from being a traditional business owner?
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FAQ

A venture capitalist is an investor who provides capital to start-ups or growing companies with high growth potential. In exchange for financing, venture capitalists often receive ownership shares in the company. They bear high risk but have the opportunity for significant returns if the companies succeed.
Intrapreneurship is when employees within an existing organisation act like entrepreneurs - developing new ideas, products, or processes - but without leaving to start their own business.
An intrapreneur takes initiative, innovates, and drives change from inside the company, often with the organisation’s resources, networks, and brand behind them. Unlike traditional entrepreneurs, they operate within the safety net of their employer, but still carry a degree of responsibility and risk for the project’s success.
Entrepreneurship education in UK schools focuses on developing students’ creativity, initiative, and problem-solving skills. The aim is to equip young people with the knowledge and confidence they need for their future working and social lives. This approach aligns with the UK’s commitment to high-quality education standards, ensuring that entrepreneurship learning contributes meaningfully to students’ personal and professional development. Various educational bodies and institutions support this goal by integrating entrepreneurship into the curriculum and promoting active student engagement.
A startup is a newly founded company that strives to develop a unique product or service, often with the potential for rapid growth and scalability. Startups often focus on innovation and seek to quickly establish themselves in the market.
A SWOT analysis is a planning tool used to identify and evaluate an organization's internal Strengths, Weaknesses, Opportunities and Threats. It helps organizations understand their position and formulate strategies. A personal SWOT analysis can also be done on an individual, such as an entrepreneur.

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