This document provides an introduction to entrepreneurship including: - Entrepreneurship involves setting up a business to meet consumer needs for profit. It has roots in barter trade. - Advantages include independence, flexibility, challenge, direct payoffs, and unlimited earnings. Disadvantages include no regular salary and unpredictable schedule. - Common business ideas involve capitalizing on skills, filling needs, and franchising. Common reasons for starting a business are independence, creativity, and using skills. - Entrepreneurship benefits the economy through jobs, income, consumer demands, and linking industries. Small and medium enterprises are defined by assets and employees.