Entrepreneur

AAA

DEFINITION of 'Entrepreneur'

An individual who, rather than working as an employee, runs a small business and assumes all the risk and reward of a given business venture, idea, or good or service offered for sale. The entrepreneur is commonly seen as a business leader and innovator of new ideas and business processes.

INVESTOPEDIA EXPLAINS 'Entrepreneur'

Entrepreneurs play a key role in any economy. These are the people who have the skills and initiative necessary to take good new ideas to market and make the right decisions to make the idea profitable. The reward for the risks taken is the potential economic profits the entrepreneur could earn.

RELATED TERMS
  1. Service Corps Of Retired Executives ...

    A specific non-profit organization with members who provide free ...
  2. Mompreneur

    A slang term describing women who run their own businesses while ...
  3. Terence Conran

    The founder and chairman of London-based design company Conran ...
  4. Inventrepreneur

    A type of entrepreneur who seeks to market or produce an invention ...
  5. Intrapreneurship

    Acting like an entrepreneur within a larger organization. The ...
  6. Intrapreneur

    An inside entrepreneur, or an entrepreneur within a large firm, ...
Related Articles
  1. Entrepreneurship

    I own a small business. Can the SBO-401(k) work for me?

    The SBO-401(k) can only be adopted by businesses in which only the business's owners are eligible participants in the plan. The ideal candidate for the SBO-401(k) is an employer who has employees, ...
  2. Personal Finance

    Ridiculous Ideas That Made People Millions

    These wacky inventions didn't look like the money machines they became for their creators.
  3. Entrepreneurship

    Tax Credit For Plan Expenses Incurred By Small Businesses

    Determine whether your business is eligible to claim a tax credit for establishing a retirement plan.
  4. Professionals

    Top 5 Incentives For Student Startups

    If you can learn to juggle course work and cash flow, you'll be ready for anything.
  5. Entrepreneurship

    5 Alternatives To Starting Your Own Business

    Want to start your own business but don't want the hassle of doing it by yourself? Find out how.
  6. Personal Finance

    Microeconomics

    This tutorial teaches the basics of one of the most important economic topics. A must for all investors.
  7. Entrepreneurship

    The CEO Dream Team - Walton, Schwab, Marcus And Blank

    The successes of these three CEOs can be linked back to one common factor: customer service.
  8. Entrepreneurship

    Small Business: It's All About Relationships

    Rather than be a jack-of-all-trades, an owner should rely on a network of trusted experts.
  9. Options & Futures

    Retirement Funds To Fund Startups

    Retired entrepreneurs who have "played it safe" and retirees who want to stretch their dollars are looking to invest here.
  10. Entrepreneurship

    Who coined the term "entrepreneur"?

    For one, it wasn't Adam Smith. One person strangely overlooked in Smith's free market masterpiece, The Wealth of Nations, is the entrepreneur. This is because the term was actually coined by ...

You May Also Like

Hot Definitions
  1. Weight Of Ice, Snow Or Sleet Insurance

    Financial protection against damage caused to property by winter weather specifically, damage caused if a roof caves in because ...
  2. Weather Insurance

    A type of protection against a financial loss that may be incurred because of rain, snow, storms, wind, fog, undesirable ...
  3. Portfolio Turnover

    A measure of how frequently assets within a fund are bought and sold by the managers. Portfolio turnover is calculated by ...
  4. Commercial Paper

    An unsecured, short-term debt instrument issued by a corporation, typically for the financing of accounts receivable, inventories ...
  5. Federal Funds Rate

    The interest rate at which a depository institution lends funds maintained at the Federal Reserve to another depository institution ...
  6. Fixed Asset

    A long-term tangible piece of property that a firm owns and uses in the production of its income and is not expected to be ...
Trading Center