Entrepreneurs Entrepreneurship

What do they look like? How can we identify an entrepreneur? Entrepreneurs What do they look like? How can we identify an entrepreneur?

Entrepreneurial Characteristics All entrepreneurs possess similar characteristics. Let’s list a few: Risk taker Perceptive Curious Imaginative Persistent Goal-setting Hardworking Self-confident Flexible Independent

Famous Entrepreneurs Mark Zuckerberg

Famous Entrepreneurs Steve Jobs

Famous Canadian Entrepreneurs Guy Laliberte & Guy Caron

Famous Canadian Entrepreneurs Christine Magee

Famous Canadian Entrepreneurs Arlene Dickinson

What do Entrepreneurs do? Bring together various resources in order to pursue a venture that addresses some need, want or problem in a innovative way Have the ability to see what others have not seen and the courage and skill to act on the opportunities perceived Carefully weigh the opportunities against the risk before acting

Let’s Check Out Some Examples Dragon’s Den - 10 Tree Bus Company-Young Entreprenuer

"Entrepreneurs are simply those who understand that there is little difference between obstacle and opportunity and are able to turn both to their advantage.” Victor Kiam Former CEO & President of Remington Products & owner of New England Patriots

What does that mean? Entrepreneur – a person who takes risks and organizes resources in order to satisfy needs and/or wants Entrepreneurship – the act of identifying opportunities and mobilizing resources to bring about change in order to operate a venture/business homemade ice cream link - http://www.youtube.com/watch?v=UDmEhS-IxDc

Some Other Key Terms to Know Venture - A business undertaking involving some risk, established with the expectation of gain or profit. Opportunity - Arises from a change or a trend that has resulted in the generation of a problem, need, or want. Risk - The chance of possible loss of money or reputation that entrepreneurs take when starting a new venture.

Entrepreneurial Skills Having a skill means you have the ability to do something specific Carpenter -> woodworking skills Chef -> cooking skills It is easier to learn a skill than it is to develop a characteristic To be a successful, entrepreneurs need a variety of skills

Entrepreneurial Skills Interpersonal Skills Critical-thinking Skills Are essential for an entrepreneur to be successful. Creative-thinking Skills Practical Skills

Entrepreneurial Skills Interpersonal Skills Communication Relationships

SkEntrepreneurial Skills Ability to: Solve problems by looking at a variety of solutions Make a decision and act on it Set goals Plan out how to achieve the goal and act out the plan Generate ideas Identify opportunities Critical-thinking Skills Creative-thinking Skills

Entrepreneurial Skills This is the ability to use special tools designed for a specific job. Practical Skills (Planning-Research, Organizing, Directing, Controlling)

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