Stevenson & Jarillo define entrepreneurship as “Entrepreneurship is the process by which

individuals pursue opportunities without regard to resources they currently control.”

Entrepreneurship is not about being economically secured. The entrepreneur must have
passion for the business they are starting, the product or the service they are offering and to
thrive in that business. The primary reasons for which people desire to become an
entrepreneur are: a) desire to be their own boss, b) desire to pursue their own ideas and c)
reap financial rewards.