Entrepreneurship in Sri Lanka
Oxford Dictionaries (n.d.) describe Entrepreneurship as the activity of making money by starting or running businesses, especially when this involves taking financial risks; the ability to do this is pronounced as entrepreneurship. Anyone who learned business management at any stage of their lives surely has come across this word ‘entrepreneurship’ and most of you might have heard hours of lectures about how the entrepreneurs change the world as we know it. The existence of the business world is due to the successful entrepreneurs who took the risk and made it and the unsuccessful entrepreneurs who took the risk and failed allowing others to learn from their mistakes. Let’s identify a few commonly known qualities of an entrepreneur. 1. Resolute motivation and passion: No one can achieve anything if they do not have a passion for reaching that goal. As a result of this absolute passion, motivation starts to create in an entrepreneur’s mind as he takes on n...