An entrepreneur is an individual who creates a new business, bearing most of the risks and enjoying most of the rewards. They play a key role in any economy, using their skills and initiative to anticipate needs and bring new ideas to the market. Entrepreneurship is the process of setting up a business, taking it from an idea to realization. Entrepreneurs can be found in various sectors, including farming, retail, manufacturing, and the service industry.
There are different types of entrepreneurs, but they all share the common traits of taking an idea or product and turning it into a successful business. Some entrepreneurs are motivated by the desire to make a positive impact on the world by creating a new business, and they are known as social entrepreneurs.
