Some people prefer building to belonging. Entrepreneurship is the pursuit of opportunity beyond resources currently controlled, typically by creating and growing new ventures under conditions of uncertainty.

It involves identifying unmet needs, assembling teams and capital, experimenting with offerings, and scaling what works. Risk of failure is real; so is the potential for outsized impact and reward. Corporate entrepreneurship applies similar behaviors inside established firms.

Successful entrepreneurs combine opportunity recognition with disciplined execution and the ability to adapt when evidence contradicts initial plans. Ecosystems of capital, mentors, and customers shape how many ventures start and how many survive.

• Pursuit of opportunity under uncertainty
• Involves venture creation, experimentation, and scaling
• Applies in startups and inside larger firms
• Balances vision with evidence-based adaptation