The term entrepreneur typically refers to an independent-minded or innovative business person who creates their own business or product.
An entrepreneur can be an artist, a restaurant owner or an inventor who just came up with the latest cell phone application. What defines an entrepreneur is the desire and courage to strike out on one's own in the world of business, instead of working for someone else.
Finding the money to start a business is often the first challenge faced by a new entrepreneur but, due to the positive effect entrepreneurs may have on the economy, efforts are made by both private and government lenders to supply promising professionals with inexpensive capital.
Educational requirements for entrepreneurs are non-specific. However, a strong business background and good communication skills can be helpful in securing financial support.