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Information about Entrepreneurial Network

In business, entrepreneurial networks are social organizations offering different types of resources to start or improve entrepreneurial projects. Having adequate human resources is a key factor for entrepreneurial achievements. Combined with leadership, the entrepreneurial network is an indispensable kind of social network not only necessary to properly run the business or project, but also to differentiate the business from similar projects.

Purpose

The goal of most entrepreneurial networks is to bring together a broad selection of professionals and resources that complement each other's endeavors. Initially a key priority is to aid successful business launches. Subsequently provide motivation, direction and increase access to opportunities and other skill sets. Promotion of each members talents and services both within the network and out in the broader market increases opportunities for all participants.

One of the key needs of any startup is capital, and often entrepreneurial networks focus on providing such financial resources, particularly tailored to their membership demographic.

Entrepreneurial networks may also become community involved, endorsing reforms, legislation or other municipal drives that accommodate their organization's goals.

Membership composition

  • lawyers, various specialties
  • scientists
  • engineers
  • architects
  • contractors/construction managers
  • real estate professionals
  • suppliers
  • government people or institutions
  • partners
  • high skilled employees
  • clients or any other kind of social contacts that can make the entrepreneurial business (or project) successful
  • mentors
  • investors

See also

External links

Business law
Business organizations
Basic forms:
Sole proprietorship
Corporation
Partnership
(General · Limited · LLP)
Cooperative
USA:
Business trust · LLC · LLLP
Delaware corporation
Nevada corporation
UK/Commonwealth:
Limited company
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Social organization or social institution, is a group of social positions, connected by social relations, performing a social role. It can be also defined in a narrow sense as any institution in a society that works to socialize the groups or people in it.
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In project management terminology, resources are required to carry out the project tasks. They can be people, equipment, facilities, funding, or anything else capable of definition (usually other than labour) required for the completion of a project activity.
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An entrepreneur (a loanword from French introduced and first defined by the Irish economist Richard Cantillon) is a person who operates a new enterprise or venture and assumes some accountability for the inherent risks.
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Human resources is a term in which many organizations describe the combination of traditionally administrative personnel functions with performance management, employee relations and resource planning. The field draws upon concepts developed in Industrial/Organizational Psychology.
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The word leadership can refer to:
  1. The process of leading.
  2. Those entities that perform one or more acts of leading.
  3. The ability to affect human behaviour so as to accomplish a mission designated by the leader

Terminology, usage and conceptual scope


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In economics, capital or capital goods or real capital refers to already-produced durable goods available for use as a factor of production. Steam shovels (equipment) and office buildings (structures) are examples.
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Demographics refers to selected population characteristics as used in government, marketing or opinion research, or the demographic profiles used in such research. (Note the distinction from demography, see below.
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social network is a social structure made of nodes (which are generally individuals or organizations) that are tied by one or more specific types of interdependency, such as values, visions, idea, financial exchange, friends, kinship, dislike, conflict, trade, web links, sexual
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This article has been tagged since September 2007.

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