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Entrepreneurship defined Entrepreneurship can be defined as an activity which involves the process of discovery and exploitation of a new opportunity.

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Presentation on theme: "Entrepreneurship defined Entrepreneurship can be defined as an activity which involves the process of discovery and exploitation of a new opportunity."— Presentation transcript:

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2 Entrepreneurship defined Entrepreneurship can be defined as an activity which involves the process of discovery and exploitation of a new opportunity

3 An entrepreneur is a person who undertakes the creation of an enterprise or business; a person who identify and exploit opportunities…

4 An opportunity is a favorable juncture (point in time) of circumstances with a good chance for success or progress. It is the job of the entrepreneur to locate new ideas and to put them into action. Thus, entrepreneurship may be described as the identification and exploitation of previously unexploited opportunities.

5 An Attractive Opportunity Finding the Right Opportunity Finding the Right Opportunity Capabilities & Skills Selecting the Right Opportunity

6 Fours Steps to Starting Business ① The Founding Team Or Individual has the necessary Skills or Acquire Them ② The Team Member Identify the Opportunity that attracts them an match their skills. They create solution to match the opportunity ③ They Acquire (Or Posses) the Financial & Physical resources necessary to launch the business by locating investors & Partners ④ They complete and arrangement or contract with the partners, with investors, and with the founder team to launch business and share the ownership and wealth related.


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