To turn an idea into reality, every business endeavor needs money. Therefore, finding funding is a significant risk for business owners.
Entrepreneur: "A person who establishes a company and is prepared to take financial risks in order to succeed." The word "entrepreneur" is defined as follows by Merriam-Webster. But isn't it a lot more than that? It is all about zeal. It involves spotting chances and coming up with unique and creative ideas.
A person who spots a need and market and works to fill it is called an entrepreneur. The word has typically been used to describe a person who begins a business because they sense an economic opportunity in being able to meet a specified need.
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