Entrepreneurship is the ability and readiness to develop, organize and run a business enterprise, along with any of its uncertainties in order to make a profit. The most prominent example of entrepreneurship is the starting of new businesses.

The entrepreneur is defined as someone who has the ability and desire to establish, administer and succeed in a start-up venture along with risk entitled to it, to make profits

 The entrepreneurs are often known as a source of new ideas or innovators, and bring new ideas to the market by replacing old with a new invention. It can be classified into small or home businesses by multinational companies.