Entrepreneur
Entrepreneur
Entrepreneur (/ˌɒntrəprəˈnɜːr, -ˈnjʊər/; from French entreprendre, "to undertake") is an individual who creates a new business, bearing most of the risks and enjoying most of the rewards. The entrepreneur is commonly seen as an innovator, a source of new ideas, goods, services, and business/or procedures.
Etymology
The term "entrepreneur" comes from the French word entreprendre, which means "to undertake". This refers to those who "undertake" the risk of new enterprises. An enterprise is created by an entrepreneur.
Related Terms
- Business: A business is an organization where people work together. In a business, people work to make and sell products or services.
- Innovation: Innovation is the development and application of ideas that improve the way things are done or what can be achieved.
- Risk: Risk involves the potential for loss but can also make profit possible.
- Reward: In the context of entrepreneurship, a reward is the benefit gained as a result of taking a risk.
- Enterprise: An enterprise is another name for a business and is an entity that either is a commercial, professional or charitable organization.
See also
External links
- Medical encyclopedia article on Entrepreneur
- Wikipedia's article - Entrepreneur
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