Entrepreneurship
Entrepreneurship is the process of designing, launching, and running a new business, which typically starts as a small venture offering a product, process, or service for sale or hire.
It involves identifying a market opportunity, developing a business plan, acquiring the necessary resources, and taking both the financial and social risks to earn a profit.
Entrepreneurship is characterized by innovation, strategic planning, and a willingness to overcome challenges to achieve business success.
Entrepreneurship is not just about creating a product or opening a business, it is about seeing an opportunity in advance and taking advantage of it.
Opportunity is people's need for a solution.