An entrepreneur is an individual who creates a new business, bearing most of the risks and enjoying most of the rewards. Entrepreneurship is the process of setting up a business, taking it from an idea to realization. Entrepreneurs usually start small but have a long-term vision to seek high profits and capture market share with an innovative new idea. They actively seek a particular business venture and assume the greatest amount of risk associated with the project. Entrepreneurs may also be motivated primarily by their desire to make a positive impact on the world by creating a new business, known as a social entrepreneur.
Some key characteristics of successful entrepreneurs include being curious, flexible and adaptable, persistent, passionate, willing to learn, a visionary, and motivated. Entrepreneurs possess many abilities and characteristics, including the ability to follow their passion and have total control over their business.
In summary, an entrepreneur is someone who starts or owns a business, takes an idea or product, and creates a business, bearing most of the risks and enjoying most of the rewards. They are often seen as visionaries or innovators and possess many abilities and characteristics that contribute to their success.
