1. Managing A a New Business
Alex Torre, Stephen O’Neil, William Tagliaferri

2. Overview What is an Entrepreneurship? Launching An Entrepreneurship
Types Of Entrepreneurs
Traits
Launching An Entrepreneurship
Legal Structure
Financing
Tactics
Entrepreneurship in the United States
Minority Owned Businesses
Women Owned Businesses
Starting an Online or Mobile App Business
Mark Zuckerberg
Steve Jobs
ITN

3. What is an Entrepreneurship?
Initiating a business venture
Organizing necessary resources
Assuming risk
Enjoying the rewards
Entrepreneurs are pioneers, innovators, leaders and inventors who pursue entrepreneurship.

4. Types of Entrepreneurs
Idealists
Rewarded by chance to work on something new
Optimizers
Get Personal Satisfaction from being business owners
Hard Workers
Thrive on the challenge of building their business
Jugglers
High energy people who enjoy every aspect of their business
Sustainers
Like to balance work and personal life

5. Traits of an Entrepreneur
Ability to cope with struggle and sacrifice
High Energy
Need to Achieve
Self Confidence
Locus of Control

6. Launching an Entrepreneurship
The Idea
Family Business
Be Own Boss
Fulfill a Dream
Business Plan
Clear Vision of Business
Realistic Financial Projections
Target Market

7. Tactics Start a New Business Buy an Existing Business Buy a Franchise
Participate in a Business Incubator

8. Legal Structure Sole Proprietorship Partnership Corporation
One owner, all profit
Partnership
Two or more people, formal contract
Corporation
Separate legal entity from its owners
Must taxes on income

9. Financing Debt Financing Equity Financing Angel Financing
Venture Capital Firm
Crowdfunding

10. Entrepreneurship in the U.S.
Job Creation
64% of new jobs created by small businesses between 1993 and 2011
67% of jobs created by small businesses during the latest recession
Age over Size
Innovation

11. Minority Owned Businesses

12. Women Owned Businesses

13. Starting an Online or Mobile App Business
Find a Market Niche
Create a Website
Choose Domain Name
Know when to pivot
Use Social Media

14. Mark Zuckerberg
Education-Drop Out, Harvard University, launched Facebook from Harvard's dormitory rooms.
Mark Zuckerberg is the inventor of Facebook
Co-Founder, Chairman and CEO of Facebook
Since 2010, Time magazine has named Zuckerberg among the 100 wealthiest and most influential people in the world as a part of its Person of the Year distinction.
Source Of Wealth- Facebook, Self Made

15. Mark Zuckerberg
In 2004, Mark Zuckerberg was your average college student. He had no car, no house, and no job. And still, at just 19, he managed to secure $12.7 million in venture capital to finance his idea for a new social networking site. Facebook is now the most known social media site; with over 300 billion users worldwide.

16. Video

17. Steve Jobs Co-founder, Chairman and CEO of Apple Inc.
Founded Apple's revolutionary products, which include the iPod, iPhone and iPad- are now seen as dictating the evolution of modern technology
Passionate and had creativity for his company & products
Started from nothing and worked his brand to the trusting name it is today

18. Video

19. A Successful Entrepreneur
Create a Plan
Set Realistic Objectives
Understand the End Goal
Manage Expectations
Communicate Clearly
Hold People Accountable
Identify Key Players
Positive Morale
Delegate Tasks

20. Facts
Every day there are more decisions to be made than you possibly have time for
If things go well, you will one day come to the realization that you can't do it all yourself and you have to let go of some control
The average and median age of company founders when they started their current companies was 40.
95.1 percent of respondents themselves had earned bachelor’s degrees, and 47 percent had more advanced degrees.

21. Facts
Less than 1 percent came from extremely rich or extremely poor backgrounds
74.8 percent indicated desire to build wealth as an important motivation in becoming an entrepreneur.
Entrepreneurship doesn’t always run in the family. More than half (51.9 percent) of respondents were the first in their families to launch a business.
The majority of respondents (75.4 percent) had worked as employees at other companies for more than six years before launching their own companies.

22. Facts
69.9 percent of respondents indicated they were married when they launched their first business. An additional 5.2 percent were divorced, separated, or widowed.
59.7 percent of respondents indicated they had at least one child when they launched their first business, and percent had two or more children.
95% of entrepreneurs have a bachelor’s degree or higher, despite the recent PR for dropping out of college to startup.

23. In The News
Facebook is building chatbots inside its messenger app to enable users to communicate with businesses directly.
Facebook wants to make chatbots the go-to place for users to contact businesses rather than through third-party websites and lines.
Along with this Zuckerberg also announced Facebook live; live video to chat, make videos and communicate with other users quicker.

24. In The News Facebook and Microsoft Say they Pay Men and Women Equally
Statistical Analysis
Result: Equal Pay at Facebook
32% of Facebook's employees are female
Microsoft
Women make 99.8 cents for every dollar men make

25. In The News
Around 45% of youth entrepreneurship programs reported making profits, while only 13.4% reported losses. 
One of the main reasons businesses fail is because of the lack of capital..
Excessive competition is on the rise and will always be a prevalent issue
Younger generations are displaying more initiative in starting businesses and becoming more successful 
The number of young entrepreneurs is slowly starting to rise

26. Questions?

27. Work Cited https://www.entrepreneur.com/article/235832