WEEK 8 / 15

Entrepreneurs /,םntrəprə’nə З :/ /,a:ntrəprə’nə З :r/

General meaning assuming, organizing and managing risk of a business in return for the profits pioneering change working for himself/herself

entrepreneur, n (C) /,a:ntrəprə’nə З :r/ Someone who starts a company, arranges business deals and takes risk in order to make a profit. entrepreneurship, n (U) The act of being an entrepreneur entrepreneurial, adj. Possessing qualities of an entreprenur

Complete the sentences with: entrepreneurship, entrepreneurial, entrepreneurs Once again private _______________ has not waited for government to take the initiative. State government had sought to promote economic development through close links with local ___________. We are looking for art and design graduates with an _____________ approach to the subject. entrepreneurship entrepreneurs entrepreneurial

What makes entrepreneurs special in the business world? TEAM WORK: Which qualities do they usually have? (Make a list) Personality check (handout) - What do the marks in the score tell you? - Which personal qualities are the most important? - Do you agree? Can you think of other qualities?

Listening: Could that be you?

READING: Imagine that you only have time to read the topic sentences... Can you make the jump? Pg 1: Hero worship is out. Pg 2: Obvious reason for this is that entrepreneurs represent the creative side of “creative destruction”. Pg 3: John Byrne’s “World Changers” is a classic exercise in hero-worship. Pg 4: But three things seem to unite them. Pg 5: The second is an ability to live with risk and failure. Pg 6: The third feature uniting them is a determination to run their own lives.

→ Resource Bank, p 31 SKIM the text and answer: What is this text? SCAN the text to answer the following questions: (time?) Who is John Byrne? What is the first quality they all share? Which famous entrepreneurs are mentioned? Richard Branson, Steve Jobs, Howard Schultz, John Mackey, Fred Smith, Narayana Murthy, Reed Hastings, Jeff Bezos, Ted Turner, Charles Schwab LIST 3 THINGS THAT SEEM TO UNITE THEM!

→ Resource Bank, p 31 SKIM the text and answer: What is this text? SCAN the text to answer the following questions: Who is John Byrne? What is the first quality the all share? Which famous entrepreneurs are mentioned? Richard Branson, Steve Jobs, Howard Schultz, John Mackey, Fred Smith, Narayana Murthy, Reed Hastings, Jeff Bezos, Ted Turner, Charles Schwab LIST 3 THINGS THAT SEEM TO UNITE THEM!

HW: In depth reading: Grappling with the language and style of The Economist Find words or phrases which mean the following Pg 1: a dishonest person, a sharper, a swindler a trite or uninteresting saying a weakness or hidden flaw in the character of a greatly admired or respected person numerous offspring someone who is solely interested in cold, hard facts to be better than other people or things

Pg 2. to be attractive or interesting the process of transformation that accompanies radical innovation dull and boring Pg 3. to cause someone or something to run or function to be in trouble with the police

Pg 4, 5 & 6: to make an effort to do something an oddball, unconventional person to blend or merge replication, duplication, renewal to act so as to invite or provoke