what is entreprenureship?
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1. a person who organizes and manages any enterprise, esp. a business, usually with considerable initiative and risk.
2. an employer of productive labor; contractor.
–verb (used with object)
3. to deal with or initiate as an entrepreneur.
–verb (used without object)
4. to act as an entrepreneur.
An entrepreneur basically means a person who initiates or finances new commercial enterprises. This person would capitalize on new profitable endeavors even if there are considerable risks involved.
So, entrepreneurship is the practice of starting new organizations, particularly new businesses generally in response to identified profitable opportunities.