Entrepreneurship is organizing and managing a business venture. It requires recognizing opportunities to make money, fulfilling a need, or developing an idea. An entrepreneur is an individual who runs a business and assumes both the risk and reward of the venture.
Becoming an entrepreneur can be as simple as taking the initiative to offer shoveling services after a snowstorm. Or, it can be creating the next Facebook or Twitter. If you discover or develop a product or service that people are willing to pay for, it might be worth the time and risk to make a business opportunity out of it.