What is the definition of an entrepreneur in 2024?

If you Google “definition of an entrepreneur”, it says:

“A person who sets up a business or businesses, taking on financial risk in the hope of profit.” 

This sounds like quite a dreary definition – “in the hope of profit”. So, there’s no strategy around the business – just hope!

Dictionary.com offer a slightly better definition, we think:

This definition doesn’t suggest that an entrepreneur has to start a business. Instead, they suggest that it’s usual, which we agree with. 

However, we have a different view on what a modern-day entrepreneur is.

What is a modern-day entrepreneur?

It’s safe to say that the world of business has completely changed in the last few years. People are not doing MBAs before the launch a company; some are not even doing degrees at all. 

Many are launching businesses from their bedrooms and using social media alone to maximise sales. 

Old school business gurus probably still can’t get their heads around it. In fact, many will probably knock this generation of entrepreneurs and say it’s not “real business”. 

Well, we definitely think these people are kick-ass and they’re the types of entrepreneurs we want to hear from. 

We believe that the term entrepreneur should extend quite far these days. It should refer to anyone who identifies opportunities, takes initiative and transforms ideas into reality. 

They could be doing this with products, services or even through their personal brand. 

What types of professions are entrepreneurs?

So, anyone who is a business owner is considered to be an entrepreneur, but here are some other professions we consider to be entrepreneurs too:

Content Creator

Many content creators have not set up a business; they are just themselves. They may even have full-time jobs elsewhere, but they show up online and create content. 

They could be bloggers, YouTubers, podcasters, social media content creators. 

They create content for free and so many wouldn’t consider this entrepreneurial as they don’t make money. 

However, this content leads to a big following, which they can then monetise at a later date. 


It’s crazy to think that you wouldn’t consider someone like JK Rowling to be an entrepreneur. Sure, she wrote one of the most popular book series of all time, but she also wanted to make a difference with her books and continued to build up her brand. 

She now has launched her own charity which helps protect children. 


Many athletes are all about the sports, but they do not become entrepreneurs, but what about the ones who go on to create their own products, coach others, write books and inspire others to be better. 

Many athletes are looking for more than just sport as they know their career will come to an end at some point, so they want to prepare themselves for their future. 

Am I an entrepreneur?

We’ve already had lots of conversations with people who aren’t sure if they’re right for the club because they don’t consider themselves to be an entrepreneur. 

We believe that if you’re someone who’s trying to make a difference in the world, contributing to helping others, making content, driving innovation and change, then you will likely fall under the category of entrepreneur. 

You may not have a business (yet), but you are building up your own personal brand. Your business can be you! 

We think that the term entrepreneur is changing, and we’re embracing this change and want to help budding entrepreneurs become confident in calling themselves entrepreneurs.