1. Entrepreneurs: Who are they? What do they do?

2. Who are entrepreneurs?
Entrepreneurs are people who take risks of organizing productive resources to produce goods and services.
As a quick review, productive resources are human, natural and capital resources. Entrepreneurs organize resources, workers and equipment to produce a good or service.
Often entrepreneurs see a problem and think of how they can solve it or an opportunity that will bring success through creating a new product or service for the marketplace.

3. Characteristics of Entrepreneurs
Critical thinker
Problem solver
Creative
Risk taker
Hard worker
Planner
Visionary
Good communicator
Focused
Determined
Leader
Learner
Money manager
Optimistic
Here are a few of the characteristics of entrepreneurs. Can you think of other characteristics? Which do you think might be most important? Why?

4. Risks Entrepreneurs Face
Lack of demand in the marketplace
Lack of financial support
Security of a stable income
Loss of time with family
Lack of qualified staff to run business operations
Here are a few of the risks entrepreneurs face. Can you think of other risks? Which do you think is the biggest risk? Why?

5. Rewards and Incentives for Entrepreneurs
Profit motive
Product innovation
Job creations
Improving society
Being your own boss
Here are a few rewards and incentives for entrepreneurs. Can you think of others? Which do you think is the most important? Why?