Summary
1. An entrepreneur is an individual who initiates a new business and bears most of the risks associated and enjoys most of the rewards.
2. The process of setting up a business is known as entrepreneurship.
3. The entrepreneur is also commonly known as an innovator who sources, new ideas, goods, services, and business/or procedures.
4. There are nine different types of entrepreneurships
-Small business entrepreneurship
-Large company entrepreneurship
- Scalable start up entrepreneurship
-Social entrepreneurship
- Innovative entrepreneurship
- Hustler entrepreneurship
-Imitator entrepreneurship
- Researcher entrepreneurship
- Buyer entrepreneurship
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