The document discusses entrepreneurship, defining it as starting a new business and taking on the associated risks. It notes that entrepreneurs risk more than employees but also have more potential for reward. The pros of entrepreneurship are listed as making your own rules, enjoying your work, creating wealth, and helping your community, while the cons include potential business failure, unexpected obstacles, and financial insecurity early on. Successful entrepreneurs like Thomas Edison, P.T. Barnum, and Steve Jobs are mentioned. Characteristics of entrepreneurs like courage, creativity, and determination are also outlined.
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