A famous quote from the late Peter Drucker says: “The best way to predict the future is to create it. » According to the new Merriam-Webster dictionary, an entrepreneur is a person who creates, organizes and operates one or more businesses, assuming greater than normal risk in doing so. It is not known who actually started the first business, but it dates back to 527 AD when it was established. The details of the business are also not specified, but it only resembled a funeral home. According to Forbes; a leading Internet media company, is one of the most trusted resources for businesses and investment executives around the world. Over the past six years, more than thirty-eight million people have become entrepreneurs and more than twenty-two million have started businesses. Most entrepreneurs try to emphasize to aspiring entrepreneurs that being an entrepreneur is not fun, but can instead be quite tedious. Although there are pros and cons to being an entrepreneur, the pros usually outweigh the cons. These pros and cons relate to cash flow, time freedom and flexibility of one's schedule, and potential networking opportunities. Forbes spoke to some of the most successful entrepreneurs and they told the reporter that the best thing about their jobs is the cash flow. that their business brings them. One of the most successful entrepreneurs is the creator and owner of Microsoft, Bill Gates, who brings in the most money according to the Forbes list of the 400 richest people. His name tops all other names with a net worth of $77.8 billion. As stated on Dictionary.com, a net worth is the amount by which assets exceed liabilities, which is generally used to determine...... middle of paper ...... d Melissa Wiley. “What are the advantages of being an entrepreneur?” WiseGeek. Conjecture, March 9, 2014. Web. April 04, 2014. "Entrepreneur Networking Events - From Entrepreneur Magazine London, UK." Entrepreneur Networking Events - From Entrepreneur Magazine London, UK. Np, and Web. April 4, 2014. “The world's billionaires – Bill Gates”. Forbes. Forbes Magazine, April 2, 2014. Web. April 2, 2014. .Hill, Napoleon. Think and get rich. Los Angeles: Highways Media, 2004. Print. Burke, Andrew E. Modern Perspectives on Entrepreneurship. Dublin, Ireland: Senate Hall Academic Pub., 2006. Print. Klopp, Hap and Brian Tarcy. The Complete Idiot's Guide to Running a Business. New York: Macmillan, 1997. Print.