Google defines an entrepreneur as a person who sets up a business or businesses, taking on financial risks in the hope of profit. This is the wrong definition. Michael Bloomberg gives a much better definition "Being an entrepreneur isn't really about starting a business. It's a way of looking at the world: seeing opportunity where others see obstacles, taking risks when others take refuge."

An entrepreneur is not a business owner nor a capitalist. However, most entrepreneurs aspire to become capitalist, that is, make their money work for them.