DEFINITION: Entrepreneur, translated from its French roots, means "one who undertakes." The term is used to refer to anyone who undertakes the organization and management of an enterprise involving independence and risk as well as the opportunity for profit. An entrepreneur, typically, is inspired to start a business because the entrepreneur perceives a consumer need that is not being adequately filled. This area  … 
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ENTREPRENEURS DEFINITION (continued): … Entrepreneur, translated from its French roots, means "one who undertakes." The term is used to refer to anyone who undertakes the organization and management of an enterprise involving independence and risk as well as the opportunity for profit. An entrepreneur, typically, is inspired to start a business because the entrepreneur perceives a consumer need that is not being adequately filled. This area of need - sometimes called an "opportunity niche" - can usually be expressed as a problem statement, such as "There is no online resource offering support for failed Web-based entrepreneurs." In fact, that statement was the basis for a new Web business startup recently. Online business start-ups have continued to increase exponentially since the inception of the World Wide Web. Wireless communications and business-to-business services are two of the most rapidly developing areas of opportunity for entrepreneurs.
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