This book is about reason and all varity of aspects why entrepreneurship is important and much more. “An entrepreneur searches for change, responds to it and exploits opportunities. Innovation is aspecific tool of an entrepreneur hence an effective entrepreneur converts a source into aresource.” -Peter Drucker, Management GuruEntrepreneurship is the lifeblood of any economy. Indian entrepreneurs are more aboutovercoming barriers, obstacles, inspiring & surmount in their fields. Entrepreneurship is one ofthe important segments of economic growth. Innovation is a key factor that an entrepreneurbrings in an overall change through innovation for the maximum social good. The growth ofentrepreneurship particularly in the small scale sector can be traced to the Second World Warboom which brought many enterprising people from various walks of life.As someone said ―failures are the stepping Stones for Success‖. If we observe the way anyentrepreneur, their life is not a bed of roses. They faced many obstacles in the way ofentrepreneurial achievement. Furthermore, women can tell the condition of a nation, she acts as acentral cohesive source of support and stability, not only to her family but also to whole nation.There is saying where women are respected, dwells God. Similarly where women are there inthe industry dwells progress and prosperity. The bottom line for all the entrepreneurial life taughtthe first lesson for success; and that is failure.