While organizational discourse studies take organizational elements, phenomena, and organization itself as discursive construction, we regard entrepreneurship as the discursive construction of new ventures. With the primary functions of discourses, such as coordination, communication and cognition, entrepreneurs, in specific entrepreneurial contexts, actively employ verbal and written languages as well as related non-linguistic resources to interact with various stakeholders, and discursively promote the formation and construction of new ventures via critical entrepreneurial activities, such as entrepreneurial identification, opportunity recognition, and resource assembly. Based on the theoretical framework of the “seven discursive construction tasks”, proposed by Gee, and the entrepreneurial management model proposed by Timmons, this paper, analyzes how entrepreneurs employ appropriate discourses to explore entrepreneurial opportunities, shape entrepreneurial identity, and assemble entrepreneurial resources. We also use some discursive examples to illustrate and support our theoretical and conceptual arguments. Following that, the model of the discursive construction of new ventures is proposed and presented, in the hope of paving ways for future work on entrepreneurial discourses.