Randy became an entrepreneur in high school when he created a video game that he sold to a software company. At fifteen years old, he needed to deal with the entrepreneurial duties of dealing with patents and trademarks, revenue, and accounting. He tells us that to be a successful entrepreneur, one has to have the ability to assess risk and understand what may or may not go wrong.
Entrepreneurship is the pursuit of opportunity without regard to resources currently controlled. An entrepreneur sees an opportunity and exercises initiative by organizing a venture to turn an idea into reality. An entrepreneur is often seen as a business leader and innovator of new ideas and business processes.
Entrepreneurship is defined by risks and rewards. Most people who become entrepreneurs are more comfortable with risks; prefer unstructured working and learning environments and collaborating with small team of people.
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