An entrepreneur is a person who organises and manages any business enterprise, or one who combines the other factors of ___71___ to start a business and make profit, He possesses considerable initiatuve and is willing to take ___72___. An entrpreneur can be a farme, a dressmaker, a factory owner, a wholesaler or a ___73___. More often than not, it is best for an entrpreneur to start a business from scratch rather than ___74___ in or buy an existing business. One advantage is that he would be independent and not become a ___75___ or get to inherit some bad debt. The ___76___ of a good entrepreneur must include hardwork, innovation and creativity. He must be well-informed and confident to make worthwhile decisions. As it takes a great deal of energy, time and money to operate one's own business, entrepreneurs must seek to possess goo managerial ___77___ in order to manage theor business successfully. 

But how useful is the entrepreneur to the society? He is an innovator who develops new ____78____ and services to make life easier and more comfortable. He plans, organises, directs and ___79___ his business activities effectively, thus minimizing wastage of limited ____80____ and enhancing productivity. Also, he creates employment and contributes to the generation of revenue for the government by paying taxes.