1. Entrepreneurship John D’Amicantonio Information Officer US Embassy, Vienna

2. Entrepreneur A person who organizes and manages any enterprise, especially a business, usually with considerable initiative and risk.

3. Becoming an Entrepreneur Have a product or service Be persistent and flexible What’s your passion?

4. How do you determine the right product? What are you interested in? What do you have to offer? What do you want to get out of it? Current trends

5. The Shave Club https://youtu.be/M9fgI9FHs60

6. Assess the market and competitors Determine your target audience Who are the customers, e.g. age, gender Talk to potential customers What do you offer that is unique? Use the Internet to find information about your industry. [Market research] Create your own business website

7. Options for Entrepreneurs Online business – Low cost – Sell on eBay or other Internet sites – Low risk – Part time – Less face-to-face customer contact

8. Options for Entrepreneurs Home based business – Low cost – Part time – Low risk Freelancing – Work alone, e.g. dog walking

9. Treadmill bike https://youtu.be/reyt3uiQqI8 https://youtu.be/u8G3xxjiz-0

10. Crowdsourcing Donations, Philanthropy & Sponsorship – No expected financial return Lending Investment – Sharing in the profit

11. It’s all about the customer

12. Don’t let hearing “no” stop you from dreaming