Why would anyone want to start their own business?

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Presentation transcript:

Why would anyone want to start their own business? Jose Mourinho Manager of Chelsea Football Club Mark Zuckerberg – Creator of Facebook Carolyn McCall – CEO of Easy Jet Wants the company to make more profit? Wants To be the best manager in Europe? Be his own boss?

WHY START A BUSINESS? The desire to be your own boss To provide goods and services Lack of alternatives Personal fulfilment Make money

Levels 6+ Levels 4-5 Level 3-4 WHY START A BUSINESS? I can assess and prioritize which of three businesses will be the most successful. Levels 4-5 I can explain the reasons why three examples of businesses were Successful or unsuccessful Level 3-4 I can identify three examples of people who started their own business and list the reasons they started.

Whats an Entepreneur? This is some one who is willing to risk their own money and or other peoples. They have certain qualities such as: Perservance The desire and willingness to take the initiative Self confidence Toughness Competitiveness and a strong need to achieve

Todays’ task Research three people who have made money from creating their own business. For each person find out:- The age they were when they started The reason why they wanted to start their business. The way the company made money e.g. services, manufacturing. The alternative choice of product they could have chosen. Complete this in the “Why start a business” powerpoint on Learn Coombe Dean Remember to source the websites where you found the information.

List of Industries Accountant Advertising Aerospace Agriculture and Agribusiness Air Transportation Apparel and Accessories Auto Banking Beauty and Cosmetics Biotechnology Chemical Communications Computer Constructions Consulting Consumer Products Education Electronics Employment Energy Enter Entertainment and recreation Fashion Financial Services Food and Beverage Health Information Technology Insurance Journalism and News Legal Services Manufacturing Media and Broadcasting Medical Supplies Motion Pictures and Video Music Pharmaceutical Public Administrations Public Relations Publishing Real Estate Retail Service Sports Technology Telecommunications Tourism Transportation Utilities Web Service Look for bosses of companies from any of these industries if you are stuck.

Extension Form a quick fire quiz to the person next to you. Try:- True or False quiz matching the person to a fact. Multiple choice where one of the answers is the truth.