How to be a website/internet entrepreneur?

How can one become an entrepreneur and be a person like the one below?

• 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. [note 1] The term is originally a loanword from French and was first defined by the Irish economist Richard Cantillon. Entrepreneur in English is a term applied to the type of personality who is willing to take upon herself or himself a new venture or enterprise and accepts full responsibility for the outcome. Jean-Baptiste Say, a French economist is believed to have coined the word "entrepreneur" first in about 1800. He said an entrepreneur is "one who undertakes an enterprise, especially a contractor, acting as intermediatory between capital and labour.

• Answer:

  The most important thing you need is a good idea for a product or service that addresses a need (demand) in the marketplace. This could be anything but of particular importance is that the need is not already completely addressed by existing market participants (saturation) and that your product or service relates to something at which you have particular talent or expertise. Once you have an idea, you should set to writing a good business plan. Your business plan should be an in depth overview of your proposed offering, the existing competition, your expected customer base, your pricing, sales, and distribution strategy. You need to consider how you will finance your business - through personal savings, a loan from family or friends, a bank loan, or by selling equity. This will cause you to consider what form you want the business to take. The form you choose for your business has important consequences. Common business forms include the Sole Proprietorship, Corporation, LLC, Limited Partnership, and S-corp. You can read more about the advantages and disadvantages of different business forms at http://www.corporationsco.com They have an entity comparison chart at http://corporationsco.com/resources.php?empty_cart=true#fragment-4 Articles at http://corporationsco.com/resources.php?empty_cart=true#fragment-5