Entrepreneurship

Entrepreneurship is the process of creating, developing, and managing a new business or enterprise, typically aimed at generating profit while addressing a market need or opportunity. It involves taking on financial risks in the hope of profit and often requires innovative thinking, resource management, and strategic planning. Entrepreneurs are individuals who drive this process, bringing their ideas to life and establishing new ventures. They must navigate various challenges, including market competition, funding, and operational management, while also adapting to changing economic conditions. Successful entrepreneurship contributes to economic growth, job creation, and societal change.