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The original French word entrepreneur refers to someone who undertakes, who does something. Entrepreneurs assume business risk or bring a new product to market.
Their innovations sometimes change the world. Henry Ford did not invent the automobile, but his assembly line revolutionized manufacturing and made cars affordable.
Bill Gates is perhaps the best known entrepreneur. He did not invent personal computers, but his operating system made them easy to use and brought computing to millions.
Journalism professor Wendell Cochran of American University says the Internet, with its capacity to instantaneously convey information to anyone anywhere is an extraordinary platform for entrepreneurs.
"Google became a verb within 24 hours after it became a thing," said Cochran. "So, it[the Internet]'s incrediblyentrepreneurial" class="hjdict" word="entrepreneurial" target=_blank>entrepreneurial."
Thirteen years ago, San Francisco entrepreneur Craig Newmark created an online bulletin board for the brokerage firm where he worked. Today his Craig's List is a free alternative to the classified ads that have been a major source of earnings for newspapers.
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