EntrepreneurshipEntrepreneurship

Do Now: Read the article and be Do Now: Read the article and be prepared to discuss.prepared to discuss.

http://www.nydailynews.com

Aim: What is an Aim: What is an entrepreneur?entrepreneur? What are some things What are some things

entrepreneurs consider entrepreneurs consider when starting a business?when starting a business?

What are some What are some characteristics of characteristics of entrepreneurs?entrepreneurs?

Entrepreneurs

An entrepreneur is a person who organizes and manages any enterprise, esp. a business, usually with considerable initiative and risk.

Do you know any entrepreneurs?

Risks and IncentivesRisks and Incentives

Risks and Incentives are two Risks and Incentives are two major things entrepreneurs major things entrepreneurs consider when thinking of consider when thinking of starting up a business.starting up a business.

Risk- an exposure to injury or lossRisk- an exposure to injury or loss Incentive- something that incites Incentive- something that incites

greater effort or productivitygreater effort or productivity

Let’s Brain Storm!Let’s Brain Storm!

What are some possible risks an What are some possible risks an entrepreneur may examine entrepreneur may examine when starting a business?when starting a business?

What are some possible What are some possible incentives an entrepreneur may incentives an entrepreneur may examine when starting a examine when starting a business?business?

Risks Incentives

Common Characteristics of Common Characteristics of EntrepreneursEntrepreneurs

DisciplineDiscipline CalmCalm Attention to DetailAttention to Detail Risk ToleranceRisk Tolerance BalanceBalance

What are some others?What are some others?

Some Famous Entrepreneurs Some Famous Entrepreneurs You May Know!You May Know!

How Entrepreneurial Are How Entrepreneurial Are You?You?

Please take the following Please take the following survey to assess your survey to assess your entrepreneurial entrepreneurial characteristics.characteristics.

How Entrepreneurial Are You?

Let’s Review!Let’s Review!

What are 3 characteristics of an What are 3 characteristics of an entrepreneur?entrepreneur?

What is a possibly risky situation What is a possibly risky situation an entrepreneur might find an entrepreneur might find himself/herself in?himself/herself in?

What is something that may What is something that may sway someone toward starting a sway someone toward starting a business if they are on the fence business if they are on the fence about it?about it?