Let’s say you have a business plan and you intend to carry it out by starting a small business. He gathers the right materials, the necessary capital for the investment and then he launches into the business. If you are one of those doing this, launching your own business venture amidst the risks posed by the industry you wish to enter, then you can call yourself an entrepreneur.

Following his definition of business, an entrepreneur is someone who owns or manages a business through various risks. When he is referred to as an entrepreneur, it means that he will take full responsibility for any results of his business.

At present, there are already several definitions of the term entrepreneur. Often the people who are called entrepreneurs are young people who want to venture into businesses of their own passion. Today, most of the young entrepreneurs launch their businesses through online stores where they post photos of their products online, receive orders via email or phone calls, and then ship the order to their buyers’ addresses.

You may be one of many types of entrepreneurs. You can choose to be a social entrepreneur, which means that your business would be oriented towards improving the social, environmental, economic, educational and other noble aspects of society. These are companies that generally fall under the category of non-governmental organizations and charity groups.

If you have a particular passion that you want to turn into a profitable business, then you can be a lifestyle entrepreneur. Examples of this type of entrepreneur are people who have a passion for photography, fashion design, and even writing. They can sell their services as photographers for certain events or as freelance writers. Or they may also design clothing or apparel that they would market under their own small label.

But if you have several ideas from which you would like to create a business, you can be a serial entrepreneur. It’s like building your own conglomerate where you have little labels located under one owner.

Regardless of the type of entrepreneur you want to be, the only important thing is that you have the right qualities. You have to be good as a leader and as a communicator. More importantly, you need that skill to predict what might work for your small business and what your consumers are likely to want from your business or the services you offer.