A business entrepreneur is really an individual who has possession of a brand new enterprise, venture or concept and is also responsible for the natural challenges and also the outcome of such business. The word was actually a loanword from France and was first defined by the Irish-French economist Richard Cantillon. Entrepreneur in English is often a term utilized by an individual who is prepared to release a brand new enterprise or business as well as acknowledge full accountability for any end result. Jean-Baptiste Say, a French economist, is actually considered to have created the word “entrepreneur” within the 19th century – he defined an entrepreneur as “one who undertakes an enterprise, especially a contractor, acting as intermediatory between capital and labour”.