What is Entrepreneurship ?

Entrepreneurship is the practice of evolving a novel idea, making it economically feasible and turning it into a unique business model. An entrepreneur is one who is always with the thirst for carving a niche for oneself and is always on the path to accomplish their goals. There are umpteen vibrant entrepreneurs who have evolved from rags to riches. The ultimate goal of a true entrepreneur is to settle for nothing less than a successful business venture. An entrepreneur is always with high spirits and enormous amount of confidence to succeed. Entrepreneurial activities are substantially different depending on the type of organization that is being started. Entrepreneurship ranges in scale from solo projects (even part-time projects) to major undertakings creating many job opportunities. Many high value entrepreneurial ventures seek venture capital or angel funding in order to raise capital to build the business. An entrepreneur is one who always identifies a business aspect in every given opportunity and is constantly in the thought process to evolve a unique business model. There are several entrepreneurial ventures that have been evolved from a unique model and converted in to a successful business formats. Some of the notable and innovative ones include entrepreneurs like Jeff Bezos (Amazon.com), Larry Page & Sergey (Google) and Bill Gates (Microsoft).