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Published byLeo Burdsall Modified over 9 years ago
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ENPI MODULE 1 Introduction to Entrepreneurship and ENPI
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HOW DO YOU DEFINE ENTREPRENEURSHIP? Become a thesaurus—what words would you use to define this term?
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WHAT IS ENTREPRENEURSHIP? The process of recognizing an opportunity in the market. –Consider an industry –Consider your community –Consider what you know well –Consider where you see a gap that should be filled
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WHY BE AN ENTREPRENEUR? Be your own boss! Do something you love! Be creative Set your own schedule Ability to make more money Recognition in your community
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WHY NOT BE AN ENTREPRENEUR? Requires long work hours at the sacrifice of your personal time Uncertain income Taking the risk of being completely responsible Taking the financial risk
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I HAVE A GREAT IDEA! Put your ideas to work with the Entrepreneurship Participating-Independent (ENPI) Category in DECA Competition! Prove to a judge that YOUR idea is the best investment!
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ADVICE FOR STARTING AN ENPI Be as realistic as you possibly can—if your family reads your plan and they wouldn’t invest, why would a judge? Details are important! Your facts support your claim that this is THE BEST idea. Use resources in your community to be realistic. Believe in yourself and your idea; any investor will respond to that confidence.
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