Welcome! Seating Chart Day! Pick somewhere good! Chapter 1

Are you ready? Friday Presentations. Pretest Chapter 1

Should You Become an Entrepreneur?

Lesson 1.1 All About Entrepreneurship Goals Define entrepreneurship. Recognize the role entrepreneurs play in the U.S. economy. Determine the reasons that businesses succeed or fail. Chapter 1

Ideas in Action Read and answer the questions…

Entrepreneurship Many of the small businesses in the U.S. are owned and operated by men and women who created their own companies. There are about 29.6 businesses in the US Only 18,000 are considered large. Chapter 1

What is an Entrepreneur? entrepreneurs people who own, operate, and take the risk of a business venture entrepreneurship running a business of one’s own Chapter 1

Entrepreneurs identify unmet needs in the marketplace. They provide a service or product to meet those unmet needs. Chapter 1

Product Value A product has value when it provides a benefit to the economy and to the consumer A product can have value baed on its monetary worth A product can have value based on its demand

Why did I not think of that! Build – A – Bear Pillow Pets Pizza Sissors Snuggies Wristbands for charity

Top inventions of the year! https://www.cbsnews.com/videos/the-most-remarkable-inventions-and-innovations-of-2017/ Chapter 1

“re-inventions” Simple products can be “re-invented” for a different purpose. This leads to new entrepreneurial ideas New Value!

Your task Idea Challenge! http://www.youtube.com/watch?v=OST_yFbuDrk&feature=pyv&ad=3118331431&kw=shamwow%20commercial