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- An entrepreneur is a person who undertakes the risk of starting a new business venture1. Here are some key points about entrepreneurs:
- They create a firm to realize their idea, known as entrepreneurship, which aggregates capital and labor to produce goods or services for profit.
- Entrepreneurship is highly risky but can also be highly rewarding, generating economic wealth, growth, and innovation.
- Founders tend to be middle-aged, married, and often have children when they start their first companies2.
Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.Key Takeaways
- A person who undertakes the risk of starting a new business venture is called an entrepreneur.
www.investopedia.com/terms/e/entrepreneur.aspFounders tended to be middle-aged—40 years old on average—when they started their first companies. Nearly 70 percent were married when they became entrepreneurs, and nearly 60 percent had at least one child, challenging the stereotype of the entrepreneurial workaholic with no time for a family. Making of a Successful Entrepreneurwww.kauffman.org/reports/the-anatomy-of-an-entre… - People also ask
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