Entrepreneur & Entrepreneurship

☞ Entrepreneur is an individual who creates a new business, bearing most of the risks and enjoying most of the rewards.

☞ Entrepreneurship is the process involving various actions to be undertaken by the entrepreneur in establishing a new enterprise.

WHAT DO ENTREPRENEURS DO WHEN THEY RUN THEIR BUSINESS?

☞ Entrepreneurs do the following :

1. Fulfil Customer Needs
2. Use Local Materials
3. Help Society
4. Create Jobs
5. Sharing of Wealth
6. Lower Price of Products