There’s a huge misnomer about what is or who can be an Entrepreneur. It lets the layman think it is something only the rich and wealthy can be. But that is not the case! Anyone can become an Entrepreneur and to know this you must understand “What is the definition of an Entrepreneur” to realise that we can all achieve this if we have the determination and work ethic
An entrepreneur is an individual who goes out on his own and starts or buys a new business, thus taking most of the risks but being able to enjoy most of the rewards. The process of setting up a business is known as entrepreneurship. This individual is commonly identified as someone who is willing to step up and create his or her own future, by innovation, or establishing their own business. It is an individual who rather than be an employee runs their own business. They are seen as a source of new ideas for goods, services and business procedures.
Entrepreneurs play a key role in any economy, using the skills and initiative necessary to anticipate needs and bringing good new ideas to market. Entrepreneurship that proves to be successful in taking on the risks of creating a start-up is rewarded with profits, sometimes fame, and continued growth opportunities. Entrepreneurship that fails results in losses and less success in the markets they are involved in. BUT the true Entrepreneur starts over improving, pushing the boundaries until they achieve.