Entrepreneurship Exploring Business

Entrepreneurial Material 15 question survey If you scored: –50-70…..Do It –25 – 45…Work Towards It –20 – 0…..Not So Much

Career Cruising Entrepreneurship Career Cruising Activity –Job Description –Working Conditions –Earnings –Education Required –Various Career Paths Available –Related Jobs

Entrepreneurship Job Description (2-3 sentences) –An “Entrepreneur” is the name given to a person who starts and runs a new business. –An entrepreneur can create a totally new product or service or can improve upon existing one. –Entrepreneurship involves many phases of business from research to marketing to management and accounting –Entrepreneurship can be risky and most businesses that fail do so in the first few years –Entrepreneurship can also be very successful

Entrepreneurship Working Conditions: –Work very long hours hour workday work weeks –Wide range of duties Sweep floors Strategic planning –Lots of responsibility

Entrepreneurship Earnings: –Beginning is $20,000/year or less May lose money –Small business owners can earn $30,000 - $75,000 once they get established Very successful business owners can make more –Businesses gain value over time Building appreciates Equity increases Sell their business to make big profit

Entrepreneurship Education: –High school students should take accounting classes –Business degree is important Marketing Management Business Communications Accounting Business Law and Ethics –Work Experience such as an internship is helpful

Entrepreneurship: Level 1

Entrepreneurship: Level 2

Entrepreneurship: Level 3

Entrepreneurship Related Careers: –Association Manager –Arts Administrator –Clothing Manufacturer –Economic Development Officer –Construction Manager –Inventor –Multimedia Developer –Producer –Publisher –Venture Capitalist –Video Game DeveloperVideo Game Developer