An entrepreneur is an individual who identifies a problem or an opportunity and then takes the initiative, innovation, and calculated risks to create a new venture to address it. This process, known as entrepreneurship, typically involves:

• Identifying Opportunities: They have a keen eye for unmet needs, market gaps, or innovative ways to improve existing products or services.
• Innovation: Entrepreneurs are often the source of new ideas, products, services, or business models. They think creatively and challenge the status quo.
• Risk-Taking: They are willing to take calculated financial, personal, and professional risks, understanding that success is not guaranteed.
• Initiative and Action: They are self-starters who are driven to turn their ideas into reality, often leading the creation and development of a new business from the ground up.
• Resource Mobilization: They gather and organize the necessary resources, including capital, labor, technology, and partnerships, to launch and grow their venture.
• Leadership and Management: Entrepreneurs typically provide the vision, direction, and leadership to guide their new business, often assembling and managing a team.
• Problem-Solving: They are adept at navigating challenges, adapting to changing circumstances, and finding solutions to obstacles that arise.
• Goal-Oriented: They have a clear vision for their business and are dedicated to achieving specific objectives, whether that’s financial profit, social impact, or both.

While every entrepreneur becomes a business owner when their venture launches, not every business owner is an entrepreneur. The key differentiator for an entrepreneur is the act of creation, innovation, and the willingness to bear significant risk in bringing something new to the market. They are often seen as drivers of economic growth and innovation