Entrepreneurship is the process of starting new businesses in response to opportunities. Entrepreneurial ventures pursue opportunities through innovative practices and aim for growth and profitability. Entrepreneurs play an important role in economic development by discovering new uses of resources and creating new markets and wealth. They also create social change by introducing new goods and services that improve quality of life and create new employment opportunities. Successful entrepreneurs demonstrate skills like creativity, strategy, adaptability, communication and finance, and maintain a visionary leadership style to inspire teams through unpredictability.