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Username: ForexGuy

Rating:
Guru Stars

Asked to: Tom Burke

Date Created: 19 Mar 2018
Category 28
Tag Financial
Question What is an 'Entrepreneur'?
Advice from Guru
Hello ForexGuy,

An entrepreneur is an individual who, rather than working as an employee, founds and runs a small business, assuming all the risks and rewards of the venture. The entrepreneur is commonly seen as an innovator, a source of new ideas, goods, services and business/or procedures.

Entrepreneurs play a key role in any economy. These are the people who have the skills and initiative necessary to anticipate current and future needs and bring good new ideas to market. Entrepreneurs who prove to be successful in taking on the risks of a startup are rewarded with profits, fame and continued growth opportunities. Those who fail suffer losses and become less prevalent in the markets.
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