Definition Of Entrepreneur And Explain It

An entrepreneur is an innovator of a new combination in the field of production.

Definition of entrepreneur and explain it. It s a primordial urge independent of product service industry or. What is an entrepreneur. Entrepreneur definition is one who organizes manages and assumes the risks of a business or enterprise. It causes the initiation of all types of human activities in the society.

An entrepreneur undertakes a venture organizes it raises capital to finance it and assumes the whole or major part of the risk of business. The entrepreneur is commonly seen as an innovator a source of new ideas. Entrepreneur is an individual or group of individuals who identify the business opportunity then try to reach the business goal or create business value through providing an innovative solution for business difficulties and also realize and accept the risks involved in the business. Entrepreneurs in the purest sense are those who identify a need any need and fill it.

An entrepreneur is an individual who creates a new business bearing most of the risks and enjoying most of the rewards. An entrepreneur is defined by the personal risk they take on in pursuit of a new business innovation or some other form of enterprise. Entrepreneurship is the immense strength and human spirit of which made possible the great geographical discoveries of the world. Entrepreneurship is a vital activity to bring about changes in the economy and society not only in a country but also of those in the world.

Entrepreneurs are action oriented highly motivated individuals who take risks to achieve goals.