What is an Entrepreneur? What is Enterprise? What is an Entrepreneur? Can you name some famous entrepreneurs? Are you an entrepreneur?

Some Definitions Entrepreneur: a person who sets up a business or businesses, taking on financial risks in the hope of profit (many entrepreneurs see potential in this market), Oxford Dictionary Enterprise: a business/company or project, Oxford Dictionary

Session 1 Why start up in business? how can I be successful? Enterprise Bite-Size Session 1 Why start up in business? how can I be successful? Tara Lovejoy tara.lovejoy@chichester.ac.uk

Why start up? Passion Developing an existing skill Interest in that area Filling a gap in the market Solving a problem Improving existing business models Brand expansion of their business

Today How can I be successful in enterprise? What is the course going to cover? What is enterprise? What are entrepreneurial skills and qualities? How can I create a business idea? How can I be successful in enterprise?

The Course 10 weeks, every Friday 12:30 to 1:30pm with 1 hour after for 1:1 mentoring If you would like to obtain a qualification, there may be possibility to achieve: Level 1 Award in Exploring Enterprise Skills, or Level 2 NCFE Award/Certificate in Developing Enterprise Skills

Quiz Who’s Who? How did they come up with the idea?

Entrepreneurial Characteristics Brainstorm the: Characteristics Skills You believe are important for an entrepreneur

Important Entrepreneurial Skills Leadership Communication Decision making Being a good team player Strategic thinker – considering the big picture

your burning questions

Coming up with a business idea Individually, write down the name of an everyday manufactured item, fold them up and place them in the bag Then in groups of 5, pick out two of the papers at random Identify ways in which the two items chosen could be combined to make a new product Narrow down your ideas, choosing one that is both innovative and interesting Explain and justify your choice to the whole group.

Take what you do seriously Be accessible Plan everything Top 25 Tips Do what you enjoy Invest in yourself Take what you do seriously Be accessible Plan everything Build a rock-solid reputation Manage money wisely Sell benefits Ask for the sale Get involved Remember it's all about the customer Grab attention Become a shameless self-promoter (without becoming obnoxious) Master the art of negotiations Project a positive business image Design Your workspace for success Get to know your customers Get and stay organised Level the playing field with technology Take time off Build a top-notch business team Limit the number of hats you wear Become known as an expert Follow-up constantly Create a competitive advantage

Homework

Enterprise Project Think about what enterprise ideas you can develop for this course You may want to consider the 3 different organisational sectors: Private sector – business Public sector – school, health service Voluntary sector – charity, social enterprise

Mapping my mindset Complete the activity sheet – try be as honest as possible People change as they gain more knowledge, skills and experience The results may be different at the end of this course

SWOT Analysis A good tool to use when analysing yourself and your business idea Complete one about you and one for your business SWOT Analysis Strengths Weaknesses Opportunities Threats

What have we learnt today? How did we answer today’s questions?