An entrepreneur is someone who starts or owns a business venture and takes personal financial risks in the hope of making a profit. Entrepreneurs are often characterised by their innovativeness, initiative, and willingness to take on challenges to bring new ideas, products, or services to the market. They play a crucial role in economic development by creating jobs, driving innovation, and fostering competition. The success of an entrepreneur's venture is often dependent on factors such as market demand, effective business planning, access to resources, and the ability to adapt to changing circumstances. Entrepreneurship can be a driving force for economic growth and social change, as new businesses can disrupt existing industries and create new opportunities.