Becoming an Entrepreneur

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Presentation transcript:

Becoming an Entrepreneur

Entrepreneur Someone who takes a risk in starting a business to earn a profit Characteristics of an Entrepreneur: Competitive Creative Energetic Goal oriented Independent Inquisitive Persistent Reliable Self-confident Ability to partner Ability to secure resources Ability to spot opportunity Capability to learn from failure Personal initiative Problem-solving skills Strong integrity Tolerance for ambiguity Willingness to work hard

$10,000 or LESS Venture Capital Money provided by large investors to finance new products and new businesses that have a good chance to be very profitable How much money do most new businesses begin with?? $10,000 or LESS

An invention or creation that is brand new Innovation An invention or creation that is brand new On the same piece of paper from the previous activity, write down a product or service that you felt was innovative for its time