July 22, 2023 AI will help humans become better entrepreneurs. An entrepreneur is a living organism that undertakes a project or enterprise. Entrepreneurs can start new ventures (startups) or take over existing ones (mergers and acquisitions). Entrepreneurs can operate in new industries or in established ones. Projects and enterprises can be for profit commercial activities or nonprofit organizations. While most entrepreneurs and their ventures fail over time, all entrepreneurs play a vital role in sustaining socioeconomic progress. The skills or resources vital for entrepreneurship can be summarized as: vision, innovation, technology, adaptability, and leadership (VITAL). Vision : seeing opportunities Innovation : diverse solutions Technology: tools and methods Adaptability : navigating changes Leadership : helping others ...
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