IS ENTREPRENEURSHIP RIGHT FOR YOU?

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Presentation transcript:

IS ENTREPRENEURSHIP RIGHT FOR YOU? 11/16/2018 LESSON 1.2 IS ENTREPRENEURSHIP RIGHT FOR YOU? Identify the characteristics of successful entrepreneurs Identify the characteristics of good team members Assess whether you have what it takes to succeed in your own business Lesson 1.2

Characteristics of Successful Entrepreneurs 1.2 Characteristics of Successful Entrepreneurs 1. Successful entrepreneurs are independent. 2. Successful entrepreneurs are self-confident. 3. Successful entrepreneurs have determination and perseverance. 4. Successful entrepreneurs are goal-oriented. 5. Successful entrepreneurs have a need to achieve and to set high standards for themselves. 6. Successful entrepreneurs are creative. 7. Successful entrepreneurs are able to act quickly. 8. Successful entrepreneurs keep up to date with technology.

Characteristics of Good Team Members 1.2 Characteristics of Good Team Members Commitment Competency Communication Cooperation Creativity

Are You Right for Entrepreneurship? 1.2 Are You Right for Entrepreneurship? Assess your interests Assess your aptitude Assess advantages Assess disadvantages

1.2 Assess Your Interests Success as an entrepreneur requires a strong commitment and a lot of energy. Choose a field that interests you and that will provide you with an experience you will enjoy. Many entrepreneurs center a business on an interest or hobby. Analyzing past experiences and jobs can also help.

Assess Your Aptitude Different jobs require different job aptitudes. 1.2 Assess Your Aptitude Different jobs require different job aptitudes. Aptitude is the ability to learn a particular kind of job.

Assess the Advantages of Entrepreneurship 1.2 Assess the Advantages of Entrepreneurship Entrepreneurs are their own bosses. Entrepreneurs can choose a business that interests them. Entrepreneurs can be creative. Entrepreneurs can make large sums of money.

Assess the Disadvantages of Entrepreneurship 1.2 Assess the Disadvantages of Entrepreneurship Entrepreneurship is risky. Entrepreneurs face uncertain and irregular incomes. Entrepreneurs work long hours. Entrepreneurs must make all decisions by themselves.