2. PROPER: One who owns a business that caters to the city life, or owns a business located in a city. The term entrepreneur is more correctly reserved for one "seen as a business leader and innovator of new ideas or business processes."
Well he likes to think of himself as an urban entrepreneur, but he just sells weed to kids in the ghetto.
1. SLANG examples: one who: deals drugs, sells stolen electronics off the back of a truck, sells bootleg DVDs, selling items to people stuck in traffic, etc.
2. PROPER examples: street vendors in NYC, owner of a bike courier company, dog walker