An entrepreneur is a person who has possession of a new enterprise, venture or idea and is accountable for the inherent risks and the outcome. An entrepreneur is someone who organizes, manages, and assumes the risks of a business or enterprise. An entrepreneur is an agent of change. Entrepreneurship is the process of discovering new ways of combining resources. Entrepreneurship is the act of being an entrepreneur, which can be defined as "one who takes over the world"innovations, finance and business acumen in an effort to transform innovations into economic goods. But there is a long story of the two words.