Entrepreneurship Development Club
An entrepreneur is an individual who creates a new
business, bearing most of the risks and enjoying most of the rewards. The
process of setting up a business is known as entrepreneurship.
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.
Entrepreneurship that proves to be successful in taking on the risks of
creating a startup is
rewarded with profits, fame, and continued growth opportunities.
Entrepreneurship that fails results in losses and less prevalence in the
markets for those involved.