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Ecwid Ecommerce Glossary

Entrepreneurship

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What is entrepreneurship?

Entrepreneurship is the process of establishing a business or several businesses in order to profit from its development and growth.

However, as a minimal entrepreneurship definition, it is too narrow. The more contemporary entrepreneurship definition is also about changing the world by addressing major issues. For example, implementing the social change or developing an innovative product that challenges the status quo of how we live our lives on a daily basis are both examples of this.

What the term “entrepreneurship” doesn’t explain is that it’s what individuals do to take control of their career and goals and pursue them in the direction they want.
It’s all about making your own way in life. There are no bosses to get in the way, no restricting schedules, and no one holding you back. Entrepreneurs are free to take the initial step toward making the world a better place for everyone in it, including themselves.

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