ENTREPRENEURSHIP

Entrepreneurship is the pursuit of opportunity beyond resources controlled. ... Merriam-Webster gives a definition that's closer to what most of us would probably offer the English learner: an entrepreneur is ¿a person who starts a business and is willing to risk loss in order to make money. An entrepreneur is an individual who creates a new business, bearing most of the risks and enjoying most of the rewards. The entrepreneur is commonly seen as an innovator, a source of new ideas, goods, services, and business/or procedures. Entrepreneurs play a key role in any economy, using the skills and initiative necessary to anticipate needs and bring good new ideas to market. Entrepreneurs who prove to be successful in taking on the risks of a startup are rewarded with profits, fame, and continued growth opportunities. Those who fail, suffer losses and become less prevalent in the markets.person who undertakes the risk of starting a new business venture is called and entrepreneur.An entrepreneur creates a firm, which aggregates capital and labor in order to produce goods or services for profit.Entrepreneurship is an important driver of economic growth and innovation. Entrepreneur.