How to be a website/internet entrepreneur?

At what point can an entrepreneur really call themselves an entrepreneur?

• "I'm an entrepreneur" I hear. Oh really? "What do you do?". "Just left my job for a start up. I wanna be the next Richard Branson." Surely you need a successful exit or valuation to call yourself an entrepreneur?

• Answer:

  There's no real rules, people use it pretty loosely.  I've found the more eager someone is to label themselves as an entrepreneur, the less likely they are actually successful.  Why?  I think they like the image of being independent and a go getter who builds businesses.  I would encourage people to actually start and build something.  When you are actively working on a startup business, then you are an entrepreneur, just don't expect people to be too impressed until you actually make some money at it.