An entrepreneur is a person who sees a market opportunity and starts and runs a new business - whether it is a brand new idea or an existing idea with improvements. Entrepreneurs start out by conducting market research to learn about demand for their product or service and to be knowledgeable of this market in general. After the market research is conducted, a business plan is written and the proposed business begins set-up. Finally, the product/service is marketed and sold.

Entrepreneurs work very long hours (80-90 hours per week isn’t uncommon) especially when they’re just starting up. That is because they take care of everything that must be done, from keeping the office space clean to planning out their marketing and finances.

Some common responsibilities include: marketing their product or service, attracting new clients, maintaining the financials, doing strategic planning, taking care of administrative duties and anything else needed to keep the business running.