What is an entrepreneur?

Understand the Problem

The question is asking for the definition and understanding of the term 'entrepreneur'. It seeks to clarify what it means to be an entrepreneur and possibly the characteristics, roles, or significance in the business world.

Answer

An entrepreneur starts and manages a business, assuming its risks and rewards.

An entrepreneur is someone who starts their own business based on an idea or product, managing the business's risks and rewards.

Answer for screen readers

An entrepreneur is someone who starts their own business based on an idea or product, managing the business's risks and rewards.

More Information

Entrepreneurs play a critical role in the economy by pursuing new business ideas and driving innovation. They often face significant financial, personal, and professional risks to bring their business ideas to fruition.

Tips

Avoid confusing entrepreneurs with general business managers. Entrepreneurs specifically create and start new enterprises and take on the associated risks, whereas managers may simply run existing businesses.

Sources

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