ECONOMICS (CBSE/UGC NET)

Detailed explanation-1: -According to the Oxford Dictionary, an entrepreneur is “a person who organizes and operates a business or businesses, taking on greater than normal financial risks to do so.” This means that many entrepreneurs are just starting out with a business.

Detailed explanation-2: -An online entrepreneur is a business owner that conducts their business on the internet. Like other entrepreneurs, they often take financial or other personal risks to launch their own company. Online entrepreneurs may use a variety of business models to provide products or services.

Detailed explanation-3: -If you’re employed by an organization that you don’t own, can you still be an entrepreneur? Sure, we tend to look at entrepreneurs as company owners or founders, not the people who might work for them. But that’s not completely accurate. The truth is, all employees can be entrepreneurs, too.

Detailed explanation-4: -Anyone can start a money-making online business-anyone with a computer, that is. But here’s the thing: virtually no technical experience is needed. Today there are plenty of tools you can use to build an online business that makes the technical work a lot easier than it was in the past.