JA Be Entrepreneurial Volunteer’s Name Volunteer’s Title Volunteer’s Company

Introduction to Entrepreneurship Entrepreneurs – Nonprofit Business – Social Entrepreneurs – A person who creates and organizes a new business. A business that is not run for the purpose of making a profit, but to increase the well-being of others in certain areas, such as education, religion, health and other causes. A person who starts a business with a social issue as the primary focus.

Entrepreneurship: Myths and Facts Entrepreneurs have to be risk takers. People are born with the traits to be a successful entrepreneur or not; it’s genetic. One in every 12 people in the U.S. workforce is in a small, start-up business. Successful entrepreneurs don’t need formal training in a business school. Entrepreneurship is about getting rich fast. Learning about entrepreneurship is useless if a person isn’t going to own a business. Myth/Fact Fact Myth/Fact Myth

Introduction to Entrepreneurship Entrepreneurial Spirit – Product Development – The fresh energy generated by needs and problems viewed as opportunities for innovation. Developing a new product or service or improving on a existing product or service.

What’s My Business Franchise –A license to operate an individually-owned business as if it were a part of a large chain.

Who’s My Customer? Demographic – Marketing – A group sharing characteristics of a human population segment, used to identify consumer markets. The means by which a product or service is made known and sold to customers.

What’s My Advantage? Competitive Advantage – The expectations and behaviors of a business that set it apart from its competitors through improvements in quality, value, or delivery.

Competitive Advantages Competitive Advantage – The expectations and behaviors of a business that set it apart from its competitors through improvements in quality, value, or delivery.

Ethics Are Good For Business Ethics – Social Responsibility – Stakeholder – The standards that help determine what is good, right and proper. A business’ obligation to weigh the consequences to all stakeholders before making decisions. Any person or group directly affected by a business. This can include employees, suppliers, customers, community members, and shareholders.

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