Entrepreneurship is a term that is often cited as a career interest, but what exactly does it mean to be an entrepreneur? According to one definition, an entrepreneur is someone who exercises initiative by organizing a venture and is the decision maker who decides what, how and how much of a good or service will be produced.  On the other hand, the economist Joseph Schumpeter believes there are two classes of entrepreneurs: historical small business owners and innovators.  Regardless of what you might be interested in, it is clear that being an entrepreneur encompasses a wide-ranging set of opportunities and responsibilities.