'Jean-Baptiste Say, a French economist, is believed to have coined the word "entrepreneur" in the 19th century - he defined an entrepreneur as "one who undertakes an enterprise, especially a contractor, acting as intermediatory between capital and labour".' [via]
* A person who organizes and operates a business or businesses, taking on greater than normal financial risks in order to do so
* Someone who organizes a business venture and assumes the risk for it
* Willing to take risks in order to make a profit
*An entrepreneur is a person who has possession of a new enterprise, venture or idea and assumes significant accountability for the inherent risks and the outcome. The term is originally a loanword from French and was first defined by the Irish economist Richard Cantillon.
* Simply starting a business and working for yourself
Everyone who works for a company shares in the risk of its failure. In the real world, there isn't this dichotomy between unpaid entrepeneurs and generously-paid employees that you are drawing here. In the real world people get financing and pay themselves pretty well regardless of what happens to the company.
Your family doctor is an entrepreneur (he has to run an office, right?). The guy who mows your lawn is an entrepreneur. The nice couple who own the independent bookstore in the nice, funky part of town are entrepreneurs. The immigrants who make delicious pizza are entrepreneurs. The guy who fixes your camera out-of-warranty is an entrepreneur. The group of friends who started up a craft brewery are entrepreneurs.