The nature and scope of entrepreneurial activity consists of creating value. Creating value means adding value by using scarce resources, continuously increasing value for customers and shareholders.
The value chain means bringing all sectors together, since producing and providing services and products to the market involves all sectors of the economy and contributes to the growth of society.
Ultimately, an entrepreneur is a dreamer, a passionate individual who enjoys their work and is proud of what they do. They are optimistic because they need to be positive to overcome problems. They believe in people and know that they are the most valuable resource, the most complex, and the one that must be treated with dignity. They combine management knowledge with leadership.
Increasing value means having better revenue, creating better products, achieving higher quality levels, having better competitive advantages, better service, continuously improving staff motivation and training, better product distribution, creating new products, better innovations, being flexible to anticipate market trends and technological inventions, continuously reducing costs by seeking better production processes, integrating suppliers, better control systems, better productivity, better logistics and warehousing, and better financing rates.