The word entrepreneur originates from the French word meaning "to undertake." Entrepreneurs are individuals who take risks and show initiative with the aim of achieving financial profit. Although profit is not the only motivation, risk-taking—especially financial—is at the core of entrepreneurship. Entrepreneurs strive to build sustainable ventures that continue generating income even when they are not directly involved.
For instance, a café owner earns revenue while the café operates, even if they are away. Entrepreneurs can range from small home-based businesses to founders of large multinational companies. If you have the determination to start a new company and navigate the risks involved, you can become an entrepreneur.
Entrepreneurship not only benefits individuals—it also contributes significantly to communities and national economies. Entrepreneurs stimulate economic development, create jobs, and help improve quality of life through innovation and investment.
Successful entrepreneurs often influence others to start new projects, create better products, and solve everyday challenges in more effective ways.
It's never too late—or too early—to begin your journey as an entrepreneur. Passion and initiative are more important than age. Below are some practical tips to help you get started:
With the right mindset, determination, and support, anyone can take the first steps toward building their own business.