What is the meaning of entrepreneurship and sustainable success?

Entrepreneurship refers to the process of starting and managing a business venture, taking on financial risks in the hopes of achieving profits and success. However, in today's world, sustainable success has become a key focus for entrepreneurs. Sustainable success goes beyond just financial gains, encompassing the long-term viability and impact of a business on social, environmental, and economic aspects. It involves creating value for all stakeholders involved, including customers, employees, communities, and the planet. An entrepreneur who strives for sustainable success considers the long-term consequences of their actions, embraces ethical practices, and seeks to create a positive and lasting impact that goes beyond financial gains. Ultimately, sustainable success is about balancing profitability with responsibility towards society and the environment.

This mind map was published on 27 November 2023 and has been viewed 40 times.