Entrepreneurship is the most important aspect attached with an individual. There are many of the things which are required to be focused upon by entrepreneurs so as to succeed in a life span. Proper planning and innovation is required for an entrepreneur so that he can sustain and deal with the uncertainties of the market. The report is developed in which information from an entrepreneur will be collected. On the basis of the knowledge provided by that entrepreneur, critical evaluation of all the aspects will be done. After gaining information decision regarding why entrepreneurship is an important aspect will be made. Before gathering information from an entrepreneur, it is necessary that knowledge should be gathered with what actually entrepreneurship is and what is a role of entrepreneur in entrepreneurship. The activity or planning to setup a business or businesses in which financial risk is taken and innovative ideas are provided by an individual is known as entrepreneurship. The person who takes the financial risk and starts the business with his innovative ideas and products is known as entrepreneur. Hence, in this report, discussion will help with entrepreneurs and further information will be shared according to his direction and the knowledge availed by him.