The World Business

Posts Tagged ‘Rich’

Forbes indeed always makes a list of rich people all over the world, including China. The richest one from China is Qinghiu Zong, Wahaha Group, a food entrepreneur. The total wealth of 65-year-old businessman was U.S. $ 8 billion. Do you know that the richest man number two is charted by a young man called Robin Li. He is an entrepreneur whose name rised up in the information technology industry. Robin Li is the founder of search engine Baidu Inc., The challenger giant Google.

Everywhere you turn nowadays, you always hear about venturing into entrepreneurship. But what is entrepreneurship exactly? It is actually defined as the process wherein a group or an individual makes an effort to pursue opportunities to satisfy needs and wants through uniqueness and innovation.

In a nutshell, entrepreneur solves problem for a profit. Some people have the misconception that entrepreneurs are gamblers in the sense that they take risks and invest in industries that have no record of success.

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