The theme of this final work is starting a business venture. As a key concepts of this final work can be highlighted the concept of entrepreneur and entrepreneurship since it will permeate the whole work and thus a mention at most. Therefore, in this work more closely to explain who is actually an entrepreneur and what is an enterprise with social as well as from the individual point of view, and what it takes to become an entrepreneur and what entrepreneurs are characterized. Equally in the work will be explained and defined the concept of the entrepreneurial process. Since the entry into the world of entrepreneurship entails a number of doubts and questions in people and future entrepreneurs, the paper will explain the reasons that we explain why even start your own business venture. How is the launch of a business venture is a complex and complicated process, and consists of a number of steps such as the generation of business ideas, business opportunities, recognition, formalization of enterprising, , business plan presentation, and ultimately the realization of own business ideas, the paper will explain in detail the steps above, and which under the same steps include how would only start the venture ultimately resulted in success and profit achieved for the business owners, which is also the purpose of this work. Just as the life of the people, animals and plants that track a specific cycle, and in the entrepreneurship of every business venture track a specific life cycle. In this paper, therefore, will be listed and explained the stages or phases of the life cycle of a business venture. In the last part of the final work will be worked out, the question of success and entrepreneurial success and what it takes to become a successful entrepreneur, or an accomplished entrepreneur. The paper also listed the results of global research of entrepreneurship, which as well as the overall research work can be beneficial to each individual who decides to start a business venture.