An entrepreneur, as defined within the EverFi financial literacy curriculum, is a noun referring to an individual who organizes and manages a business, undertaking greater than normal financial risks in order to do so. This individual typically identifies a need or opportunity in the market and develops a product, service, or process to fulfill that need. An example is someone who develops a new app to streamline project management or opens a bakery specializing in gluten-free goods.
The significance of understanding this concept lies in appreciating the role these individuals play in economic growth and job creation. They drive innovation, introduce new technologies, and challenge existing business models. Historically, this role has been crucial in shaping industries and fostering progress. It promotes self-sufficiency and encourages individuals to take control of their financial futures.
