What Entrepreneurs Must Do
Entrepreneurship is not just about chasing profits; it is a discipline guided by principles. Multiple great scholars have explained what entrepreneurs must do, whether they like it or not:

1. Peter F. Drucker – emphasized that entrepreneurs must search for change, respond to it, and exploit it as an opportunity. Change is not optional; it is a duty.

2. Joseph Schumpeter – described entrepreneurs as “innovators” who must disrupt old ways and create new solutions. Innovation is a responsibility, not a choice.

3. Howard Stevenson (Harvard Business School) – defined entrepreneurship as “the pursuit of opportunity beyond resources currently controlled.” This means entrepreneurs must take bold steps even when resources are limited.

4. Jean-Baptiste Say – one of the earliest economists on entrepreneurship, argued that entrepreneurs must combine resources, create value, and bear risks. Risk-bearing is compulsory in business.



Therefore, whether they like it or not, entrepreneurs must:

Accept and manage risks

Keep learning and adapting

Solve problems through innovation

Manage people and resources wisely

Work with resilience and vision