Homework: Journal Write in a paragraph: When something in your life does not go the way that you would like, what is the first thought that crosses your.

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Presentation transcript:

Homework: Journal Write in a paragraph: When something in your life does not go the way that you would like, what is the first thought that crosses your mind. List people that you know who own their businesses, or have in the past.

Ch. 5 Characteristics of an Entrepreneur Ross

Chapter 5 Objectives Describe the characteristics of successful entrepreneurs. Identify your own characteristics. Develop characteristics that will help you in business. Train yourself to think positively.

Discussion Launcher Write in your notes what you think this means: In order to succeed we must first believe that we can. By: Michael Korda

What is a Characteristic? A characteristic is an individual quality that may make someone different from someone else. What are some of your characteristics?

The Entrepreneur needs energy! An entrepreneur can be defined as “ a person who has created- out of nothing- an ongoing enterprise. To imagine your business, set it up, and make it succeed will take a lot of energy.

Characteristics of the Successful Entrepreneur Adaptability: coping with new situations and solving problems. Competitiveness: a willingness to compete with and test yourself against others. Confidence: believing that you can accomplish what you set out to do.

Drive: the desire to work hard to achieve your goals. Honesty: to be truthful and refrain from lying. Organization: keep order, structure your life. Persuasiveness: convincing people to see your point of view

Discipline: the ability to stay focused and adhere to a schedule and deadline. Perseverance: refusal to quit despite obstacles Risk Taking: the courage to expose yourself to possible losses. Understanding: an ability to listen to and empathize with other people.

Vision: the ability to see the end results of your goals while working to achieve them.

Skills Means Success: pg. 58 Read Make a list of the traits from highest to lowest that relate to you as an entrepreneur.

Entrepreneurs are Optimists Optimists are individuals with a positive attitude. With optimists a positive mental attitude is the key to success.

Positive Thinking is Powerful Pay attention to your thoughts. When thinking a negative thought, make an effort to replace it with a positive one. Your thoughts affect your body.

Skills Mean Success- pg. 59 Read and answer the activity

Self-Esteem: A Positive Attitude about Yourself To feel self-esteem is to have a positive attitude about oneself. Entrepreneurs believe that a positive attitude and have a high self-esteem are crucial to success.

The Father of Positive Mental Attitude Clement Stone was the “Father of Mental Attitude.” He replaced the idea of fear with self-motivating phrases to get him through the day. He believed that the key to success was have a positive attitude.

A Company’s Core Belief Core Belief are fundamental beliefs used to guide a company. Core beliefs can affect your business decisions.