Content Coverage Warm Up Reviews

Entrepreneurs What is an entrepreneur? A person who organizes and operates a business or businesses 2. What are the risks and benefits? Incentives Risks Profit Being your own boss Working for yourself instead of others Receiving the majority of the profits 50% of all businesses fail to make a profit in the first 5 years 60-90% fail in the first 18 months of operation inexperience Lack of capital Too much competition Lack of consumers Misguided markets Failure to innovate Bad hiring decisions Lose their own time and money Financial risks

Name that Georgian Entrepreneur Do you recognize these entrepreneurs from Georgia? What company are they affiliated with? Alonzo Herndon Atlanta Mutual Life insurance Anne Cox Chamber Cox Enterprises Ted Turner media and cable TV titan Arthur Blank Home Depot and Atlanta Falcons Bernie Marcus Home Depot Truett Cathy- Chick fila John Pemberton Inventor of Coke Asa Candler Founder of the Coca-Cola Company Robert W. Woodruff Made Coca- Cola a world renowned corporation

Anticipation Guide: Transportation T/F Statement Correction/Support The number one way Georgia’s transportation systems impact the economy is through job creation. Over 5,000 companies employ 110,000 Thousands are employed to design, construct, and maintain Georgia’s transportation infrastructure. Supports 110,000 full time jobs These workers earn $3.9 billion annually Transportation does not have a significant impact on other industries 1.9 million full time jobs are created by retail, agriculture and tourism which are completely dependent on our transportation systems These employees earn $70.4 billion in wages. Hartsfield Jackson Airport provides 8.4% of our state’s employment. 350,000 full and part jobs are supported by the deep water ports 1 out of 12 jobs is in some way dependent on the ports Hartsfield Jackson Airport is the state’s largest employer It provided 63,000 jobs onsite Generates $34.8 billion for Atlanta T T F F T