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What is Entreprenuership? Entreprenuership is an act or power of starting an enterprise and assuming full risks associated with it It is an important aspect of modern, globalized business and can be referred to as the practice of starting, owning and running an organization or business. The dictionary defines entreprenuership as “the capacity and willingness to develop, organize, and manage a business venture along with any of its risks in order to make a profit”. Entreprenuership is a way to create and develop new ideas, products, services, and markets. Many entreprenuers have the audacity to take on risk and the creativity to introduce different methods of doing things. These new ideas are often funded with venture capital, and can ultimately lead to major improvements in products and services, as well as create jobs. Entrepreneurs often have a wide range of skills, such as marketing, finance, innovation and even risk-taking. They need to be able to handle uncertainty, to think strategically and to be able to persuade investors and consumers. Entreprenuership is an important part of economic growth. It encourages individuals to take risks and create organizations that can create jobs and stimulate economic development. Furthermore, entreprenuership can help reduce poverty by providing individuals with access to capital, new markets and skills. Five Best Examples of Successful Entreprenuers 1. Mark Zuckerberg - Mark Zuckerberg is the founder of Facebook, and remains its CEO to this day. He is a classic example of an entreprenuer, having turned his dorm room project into a multi-billion dollar company. 2. Steve Jobs - Steve Jobs is the founder of Apple and Pixar Animation Studios, as well as being a key figure in the development of the personal computer. He is widely regarded as a pioneer of technology and entreprenuership and is credited with being one of the most influential entreprenuers of all time. 3. Jeff Bezos - Jeff Bezos is the founder of Amazon, which is now one of the largest, most successful online retailers in the world. He is an example of a successful entreprenuer, having started from mere customer service to become an online retail king. 4. Elon Musk - Elon Musk is the founder of Tesla Motors and SpaceX and is often seen as one of the most successful entreprenuers in recent history. His companies are revolutionizing the automotive, aerospace and energy industries. 5. Richard Branson - Richard Branson is the founder of Virgin Group, and is known around the world for his achievements as a business magnate, investor, and philanthropist. He is a great example of an entreprenuer, having turned his passion for music into a vast, global business empire.