Something About Entrepreneurship The act of being an entrepreneur is defined as "the owner or manager of a business enterprise who, via risk and initiative, attempts to create profits." Entrepreneurs act as managers, supervising the beginning and growth of a company. Entrepreneurship is the process through which a person or group of individuals identify a business opportunity, collect the resources required to take advantage of it, and employ those resources. Early in the 19th century, French economist Jean-Baptiste Say provided a broad definition of entrepreneurship. It "shifts economic resources out of a lower and into a greater productivity and larger yield," he claimed. Entrepreneurs invent new and inventive things to alter or transform value. No of the size, any organization is qualified to benefit from entrepreneurial prospects. To become an entrepreneur, you must meet four requirements. Before combining resources to make money, there must be opportunities ...