It is pretty easy to identify an entrepreneur, because the prevailing wisdom is that anyone who starts a business is an entrepreneur. But this is the narrowest definition since it rides on the notion of “starting” something. Starting something doesn’t always guarantee success, as many businesses quit, discontinue or even fail within the first five years of operations for a variety of reasons including lack of financing, profitability or personal reasons (see for instance, the US Global Entrepreneurship Monitor –GEM Report)
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