Introduction:
            An entrepreneur is a person who organizes a venture 
   to benefit from an opportunity, rather than working as 
   an  employee.  Entrepreneurs  play  a  key  role  in 
   any economy. These are the people who have the skills 
   and initiative necessary to anticipate current and future 
   needs and bring good new ideas to market.
            Entrepreneurs who prove to be successful in taking 
   on the risks of a start-up are rewarded with profits, fame 
   and  continued  growth  opportunities.  Those  who  fail 
   suffer losses and become less important in the markets. 
   Many fail, lose money, and close the business.
  What Is an Entrepreneur?
            An entrepreneur is an individual who creates a new 
   business, bearing most of the risks and enjoying most of the 
   rewards.  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. Entrepreneurs who prove to be 
   successful in taking on the risks of a start-up are rewarded 
   with  profits,  fame,  and  continued  growth  opportunities. 
   Those who fail, suffer losses and become less prevalent in 
   the markets.
  Definition: 
       An Entrepreneur is a person who has a role of an 
   industrialist  and  forms  an  organization  for  the 
   commercial  use.  He  is  a  change  agent  who 
   transforms the demand into supply by forecasting 
   the needs of the society.
   Characteristics of Entrepreneurship
   1.Profit Chances
            The chances of profit are the level of return to the person who is taking risks 
    and  developing  an  idea  into  its  business  venture.  The  actions  of  the 
    entrepreneurs will likely remain abstract and a paper leisure activity without 
    the potential of the profit.
   2.Creativity and Persuasiveness
             There is a need to have the creative capacity for recognizing and pursuing 
    the opportunities in a successful entrepreneurship. The entrepreneurs should 
    possess great selling skills and be persistent
   3.Innovation 
                       The  entrepreneurship  continuously  demands a continuous search for 
    innovative  ideas.  The  entrepreneur  should  evaluate  the  present  modes  of 
    business operations for developing more efficient and effective systems. In a 
    simple definition, it is a continuous effort for optimization of performance in 
    an organization.                                      
  
      4.Risk Bearing
           As we defined above, the entrepreneurship is the willingness to take 
  risks. The individuals should arise out of the implementation and creation 
  of the creative ideas. They should believe that new ideas take some time to 
  offer results and their results may not be instantaneous.
    5.Vision
          Probably, one of the biggest responsibilities of the entrepreneur is to 
  decide the direction of the business. There is a need to have proper vision. 
  If a company doesn’t have this, they will likely get lost in the sea.
     6.Excellent Business Skills
         A successful entrepreneur always has the ability to set up the internal 
  procedures,  systems,  and  processes  required  to  operate  a  company. 
  He/she should focus on sales, revenue, and cash flow all the times. They 
  always evaluate the current talents and professional network.