Entrepreneurs and their Characteristics. Lesson Objectives: To understand the term ‘Entrepreneur’ To understand what characteristics an entrepreneur has.

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Presentation transcript:

Entrepreneurs and their Characteristics

Lesson Objectives: To understand the term ‘Entrepreneur’ To understand what characteristics an entrepreneur has

In pairs - Can you match them up? A A B B C C E E D D

A A B B C C D D E E Bill Gates Theo Paphitis Richard Branson Mike Ashley Anita Roddick

“A person who organises, operates, and assumes the risk for a business venture” “A person who takes the risk in starting a new business” LO1

Qualities of an Entrepreneur LO2 Richard Branson What qualities do you think I possess that have helped me along the way?

We are going to complete a Rally Robin of terms to do with Entrepreneurs. Pupil 1 – Say a word associated with Entrepreneurs Pupil 2 - Say a word associated with Entrepreneurs Keep going until you run out of words!!!

Qualities of an Entrepreneur 1.Determination 2. Initiative 3. Taking Risks 4. Decision Making 5. Planning 6. Persuasion 7. Leadership 8. Luck ! LO2 Richard Branson What qualities do you think I possess that have helped me along the way?

Qualities of an Entrepreneur LO2 Richard Branson What qualities do you think I possess that have helped me along the way?

d1moy8VZM&feature=related Swap notes with a neighbour and tick any characteristics that they wrote down that Peter Jones discussed Add to their list any missing characteristics

Most important Least important Task: Using all the entrepreneurial characteristics from this lesson put them into an order of importance in your opinion. Include a definition of an entrepreneur for your revision notes. LO1&2

Most important Least important Task: Using all the entrepreneurial characteristics from this lesson put them into an order of importance in your opinion. Include a definition of an entrepreneur for your revision notes. LO1&2 Add a tick to the characteristics you have!

Total how many ‘ticks’ you gave yourself. Who do you think has the most potential to be an entrepreneur in the class? Who do you think got the most ticks in the class?