Some people refer to entrepreneurs as “starters”. This term makes sense because as an entrepreneur you create something from nothing and market it to the world. It’s extremely risky, but can be very rewarding. Entrepreneurs are a special breed. Their task is risky, not just financially, but emotionally and physically too. Being an entrepreneur is not for the faint of heart.
Entrepreneurs need to have at least a little bit of knowledge in a lot of areas. They need to know about finances, human resources, marketing, product development, and time management to name just a few. Smart entrepreneurs must learn how to tactfully delegate each of these responsibilities because after all, they can’t do everything themselves if they want to scale!