Entrepreneurs Entrepreneurship. Entrepreneurs What do they look like? How can we identify an...
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Transcript of Entrepreneurs Entrepreneurship. Entrepreneurs What do they look like? How can we identify an...
Entrepreneurs
Entrepreneurship
Entrepreneurs
What do they look like?
How can we identify an entrepreneur?
Famous EntrepreneursMark Zuckerberg
Famous EntrepreneursSteve Jobs
Famous CanadianEntrepreneursGuy Laliberte & Guy Caron
Famous CanadianEntrepreneursChristine Magee
Famous CanadianEntrepreneursArlene Dickinson
What do Entrepreneurs do?■ Bring together various resources in order to
pursue a venture that addresses some need, want or problem in a innovative way
■ Have the ability to see what others have not seen and the courage and skill to act on the opportunities perceived
What do Entrepreneurs do?■ Carefully weigh the opportunities against
the risk before acting
■ Bus Company-Young Entreprenuer
"Entrepreneurs are simply those who understand that there is little difference between obstacle and opportunity and are able to turn both to their advantage.”
Victor Kiam Former CEO & President of Remington Products & owner of New England Patriots
What does that mean?■ Entrepreneur – a person who takes risks
and organizes resources in order to satisfy needs and/or wants
■ Entrepreneurship – the act of identifying opportunities and mobilizing resources to bring about change in order to operate a venture/business
Homemade Ice Cream-Young Entrepreneur
Key Terms
•Venture - A business undertaking involving some risk, established with the expectation of gain or profit.
•Opportunity - Arises from a change or a trend that has resulted in the generation of a problem, need, or want.
•Risk - The chance of possible loss of money or reputation that entrepreneurs take when starting a new venture.
Entrepreneurial Characteristics■ All entrepreneurs possess similar characteristics. Let’s
list a few:
Entrepreneurial Skills■ Having a skill means you have the ability to do
something specific Carpenter -> woodworking skills
Chef -> cooking skills
■ It is easier to learn a skill than it is to develop a characteristic
■ To be a successful, entrepreneurs need a variety of skills
Entrepreneurial SkillsInterpersonal Skills
Critical-thinking Skills
Practical Skills
Creative-thinking Skills
Are essential for an entrepreneur to
be successful.
Entrepreneurial Skills
Interpersonal Skills
1. Communication
2. Relationships
SkEntrepreneurial Skills
Critical-thinking Skills
Creative-thinking Skills
Ability to:
•Solve problems by looking at a variety of solutions
•Make a decision and act on it
•Set goals
•Plan out how to achieve the goal and act out the plan
•Generate ideas
•Identify opportunities
Entrepreneurial Skills
Practical Skills(Planning-Research, Organizing, Directing,
Controlling)
This is the ability to use special tools designed for a specific job.
Fill in the profile and hand in to me _______! We will not be presenting, only I will see, so be honest :)
Your Entrepreneurial Profile!