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4.01 Understand Opportunity
Why Entrepreneurship? 4.01 Understand Opportunity
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Bell ringer What are you passionate about? (make a detailed list in your notebook) What drives you? How can we take what your passions, those things that drive you and create a product or service? Would you consider yourself an Entrepreneur? Let’s find out! Am I an Entrepreneur Worksheet
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What is Entrepreneurship?
Is taking on both the risk and responsibilities of starting a new business. Learning about how to run a business and manage other people. Activities involved in entrepreneurship include deciding the type of business to open, identifying customers, developing a marketing plan, managing finances and firing qualified employees. He or she must be Motivated!! Taking an Idea and making something of it!!
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Why Be an Entrepreneur? Be your own boss. Do something you enjoy.
Be creative. Freedom to set you own schedule Job security More money Recognition in the community
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Risks of Entrepreneurship
Work long hours Uncertain income Full responsibility Risk one’s investment
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list of Characteristics that Every Entrepreneur should possess.
At your table, make a list of Characteristics that Every Entrepreneur should possess. Explain each
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Characteristics of Successful Entrepreneurs
Persistent Creative Responsible Inquisitive Goal-oriented Independent
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Characteristics of Successful Entrepreneurs
Self-demanding (high expectations) Self-confident Risk-taking Restless Action-oriented Enthusiastic Competent
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Essential Entrepreneurial Skills
Communication Math Problem-solving Technology/computer Decision-making
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Essential Entrepreneurial Skills
6. Organizing/Planning Teamwork Social skills Adaptability Basic business
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Working in a Team What Type of Team member /Leader Are You? Worksheet
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