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Opportunity Innovation and Entrepreneurship

   

Added on  2023-01-11

8 Pages2421 Words85 Views
Finance
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Opportunity Innovation and
Entrepreneurship
Opportunity Innovation and Entrepreneurship_1

Contents
INTRODUCTION...............................................................................................................................3
MAIN BODY.......................................................................................................................................3
Identify and select an entrepreneur....................................................................................................3
Gather profile of entrepreneur...........................................................................................................4
Analyse data......................................................................................................................................5
Relate to theory.................................................................................................................................6
CONCLUSION....................................................................................................................................6
REFERENCES....................................................................................................................................8
Opportunity Innovation and Entrepreneurship_2

INTRODUCTION
Entrepreneurship is the act of generating new or rising core business. Business people
are essential to this action: creative and risk-taking individuals who seek to bring about
change and new opportunities, both for themselves and for the business community in which
it operates. Innovation and entrepreneurship are becoming progressively important in many
aspects of business. Entrepreneurial activity start-ups energize the industry by discovering
new possibilities and reallocating funds to it. Established companies are investing in
technology in order to incapacitate or adapt to their competitiveness (Turner and Pennington,
2015). The entrepreneurship considers the basics of innovation, creative problem-solving
systems and policies for designing, organizing and introducing a new business, such as the
aspect of intellectual property, market evaluation, the creation of innovative business models,
budgeting and increasing finance. Current report is discussed about a successful entrepreneur
i.e. Guillaume Pousaz, he is famous and also owed their organization that is known by
Checkout.com which is a future successful baking for business with the aim of providing
payment system and idea to people in order to improve its performance at market place.
Along with this, theory related to the innovation and entrepreneurship is also mentioned in
this project that helped in determining the opportunities to attain success.
MAIN BODY
Identify and select an entrepreneur
Checkout.com, is said to be the future of the banking for business. company was
founded by “Guillaume Pousaz” in the year 2012. He started this business with a purpose of
providing best-in-class services and solutions to other businesses. Previously, because of the
complex methods of payment the idea of streamlining the process of payment came into the
mind of the owner of Guillaume Pousaz. With the help of proprietary technology company
tried to eliminated the various points of failure and moreover, increase the reliability.
Therefore, it provides with an option of data transparency for different merchants to whom
they are providing their services and facilities. In current times, company is having partners
from different parts of the world like Samsung, Getty Images etc., Checkout.com has a
tendency of operating in 150 currencies and provides with easy payment methods which
means they accept all the major cards used at international level (Shepherd, Mcmullen and
Ocasio, 2017). Checkout.com, has more than around 650 employees at 10 international
offices across the globe. According to their mission, they are on a path of changing the future
of banking and its process which means making the same easier and convenient. As their
Opportunity Innovation and Entrepreneurship_3

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