What is entrepreneurship? Who is an entrepreneur?

Who is an Entrepreneur?

Entrepreneurship is a process of creating a new business with the different designs, styles, customized old products or business, similar new innovative products. These types of people are called Entrepreneur. 

An entrepreneur always trying to best make a good product or launch the new business which fulfills the needs of people in the market and one of the biggest success of an entrepreneur is that they complete the gap of the market.

They avail the opportunity and makes financially beneficial for the people. when Entrepreneur Enter in the market he always brings those type of product or business that people make helpful and help in the corporate social responsibility. On the other way first, they catch the wants of the community and makes sure into business with highly demanded products.

Another way to describe an entrepreneurship is a process of pursuing or field of opportunity beyond to the resources.

 For example Before 2 years No taxi company which makes the reliable travel for the people. This is a gap of Pakistani market and they collect data, analyze it and makes sure to launch taxi service to charge 10Rs per kilometer. This charge is economical everyone can pay in all over the country.

What are the types of business which are started by an entrepreneur?

1. Micro Business

2. Small business

3. Large business