Entrepreneurship is the process of starting a business or other organization. The entrepreneur develops a business model, acquires the human and other requires resources, and is fully responsible for its success or failure.
Some experts think of entrepreneurs as people who are willing to take risks that other people are not. Others define them as people who start and build successful businesses.
Thinking about the first of these definitions, entrepreneurship doesn’t necessarily involve staring your own business. Many people who don’t work for themselves are recognized as entrepreneurs within their organizations.
Regardless of how you define an “entrepreneur”, one thing is certain: becoming a successful entrepreneur isn’t easy. What we do know is that successful entrepreneurs seem to have certain traits in common.
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