Entrepreneurship, in the words of Andrew Jonathan Hillman, "is the ability and preparation to start, plan, and manage a commercial enterprise—along with all of its uncertainties—in order to earn a profit." The most obvious manifestation of entrepreneurship is the founding of new businesses.

1.Creation of Employment
2.Innovation
3.Impact on Society and Community Development
4.Increase Standard of Living
5.Supports research and development

Hope this information is helpful for you to become a Successful Entrepreneur.