This post is a response to the question [“What is a market entrepreneur? And what are some examples of it in our daily life?"] (@anniebburg/week-13-questions-political-and-market-entrepreneurs) posted by
I believe that market entrepreneurs are what people think of when they hear the word entrepreneur. People who create an idea and then sell it in the market for profits. They are the business owners, the game developers, the machine inventors, and many more. These people create things that we as individuals utilize or venture to in our daily lives. The things that they create earn a profit and boost the economy or their idea tanks and they themselves lose capital. These people take on risks to satisfy a need or want from the consumers, us. They directly gain or lose profits based on their ideas and while they are, or should, be in the market to benefit the lives of individuals, they are also most likely in it to benefit financially themselves. The first thing that I think of when I think of a market entrepreneur is the show Shark Tank. The "sharks" are market entrepreneurs themselves. Taking risks and investing in ideas. The ideas are brought to them by other market entrepreneurs, everyday people with ideas that they wish to be sold on the market. Market entrepreneurs also look at the risks that they face. They have to boil down the pros, the cons, the risk, the rewards, the needs, and the wants of the customers they are reaching. They must analyze the market and tailor their business accordingly. Market entrepreneurs watch trends and predict the next moves of consumers based on the logistics of the markets.