An entrepreneur is an individual who undertakes some type of risk, most often financially, in the quest for new ideals or endeavors. The definition can be applied to any individual arranging a new venture or opportunity, but it is mostly used in a business environment. An entrepreneur is an individual who constantly thinks outside of the box by implemented ideas that are outside the conformity paradigm and out of their own comfort zone. The entrepreneur can also be defined by their sense of know-how and foresight in how their project and or business can be implemented to make a change in their world and surrounding environments. True entrepreneurship entails abilities and financial risk taking for a greater good in the long term.
An entrepreneur can be characterized as someone who is innovative, optimistic, patient, diligent, intuitive, and hard-working. These characteristics are an essential formulation towards the success and achievements of an entrepreneur. Being optimistic as an entrepreneur is an essential function because there is a lot of risk-taking involved and sometimes the rewards and benefits may not come to fruition in a timely manner, hence why being patient goes hand in hand with the optimism. The ability to think outside of the box is also an important factor to attain because innovative ideas that engage others must be coupled with originality and creativity. Following the steps of others may not always garner the success that one wishes to attain in their business. One can learn the basics from others by modeling their paths to success, but eventually in order for an entrepreneur to have their innovation become successful and have longevity, they must have their inner creativity be the driving force to their ventures. These characteristics are very essential to the building blocks of true entrepreneurship and successful innovations.