Individual entrepreneurs are individuals who start and run their own businesses. They take on the risks and responsibilities of creating a product or service, often driven by their passion and innovative ideas. These entrepreneurs can operate in various industries, from technology to retail, and they typically seek to solve problems or meet specific needs in the market. Successful individual entrepreneurs often possess qualities such as creativity, determination, and resilience. They may seek funding through personal savings, loans, or investors to launch their ventures. Notable examples of individual entrepreneurs include Elon Musk and Oprah Winfrey, who have built influential brands and made significant impacts in their respective fields.