Very few efforts have been made in exploring the study of entrepreneurship development in Visakhapatnam. The data available on these aspects are scatted and not very authentic and donot provide data for decision making with the view to improve the entrepreneurs. However, it is also a fact that more and more people one getting into the domain of the entrepreneurial activities. The efforts of Government of India through various welfare organizations, non-governmental agencies and Ministry of Commerce and Industry have started looking after and helping the efforts of the entrepreneur. The present study will be undertaken to study about the entrepreneurs socio-economic background, motivational and facilitating factors, challenges, self appraisal, innovative skills, role conflict, performance etc.