Technically, Entrepreneurs are people who start a new business to generate a profit, identify a market need and strive to meet those requirements. They face bulk of the risks and reap the majority of the gain. Being an entrepreneur means having a complete acceptance of unpredictability and a willingness to face challenges on a regular basis. Entrepreneurs are crucial to bringing the economy's growth because they have the skills and initiative to anticipate needs and bring innovative ideas to market. Entrepreneurs who dared to take a risk and establish startups can be rewarded with fame, wealth, and future prospects for expansion if they are successful. Google- Pay, Paytm and PayPal saw the gravity of de-monetisation and realised that the need for online transactions would increase even more. Hence, they took advantage of the situation and grew rapidly during this time.
What an entrepreneur is?
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