Definition

Entrepreneurial alertness

A sixth sense of entrepreneurs that allows them to see opportunities that others miss, is called entrepreneurial alertness which is defined as the ability to notice things without engaging in deliberate search. Alertness is largely a learned skill, and people who have more knowledge of an area tend to be more alert to opportunities in that area than others.

Share it:  Cite

More from this Section

  • Venture capital
    Venture capital is money that is invested by venture capital firms in start-ups and small ...
  • Anticipatory purchasing
    Anticipatory purchasing is a purchasing agent stockpiles an extremely large supply, well ...
  • Spin-out
    Spin-out refers to the opposite of a spin-in that occurs when a larger company divests ...
  • Liability of newness
    Liability of newness refers to the fact that companies often falter because the people ...
  • Debt-to-equity ratio
    Debt-to-equity ratio is a ratio which is calculated by dividing its long-term debt by ...