One major function of the entrepreneur is bearing of risks. Entrepreneurs are individuals who undertake risks associated with the production and distribution of goods and services. They create new businesses or expand existing ones, develop innovative products or services, and take calculated risks to achieve their goals. Bearing risks involves taking on the uncertainties and potential losses associated with business ventures, such as fluctuations in demand, changes in market conditions, and unexpected expenses. Successful entrepreneurs are able to manage and mitigate these risks while still achieving their objectives.