1. Entrepreneurship

2. What is an entrepreneur?
People who own, operate, and take the risk of a business venture”
What is an entrepreneur?

3. The process of running a business of one’s own.”
Entrepreneurship

4. What is the difference between an employee and an entrepreneur?
Entrepreneurs assume risk.”
What is the difference between an employee and an entrepreneur?

5. People who work for someone else.”
Employees

6. Why Do People Become Entrepreneurs?
To pursue a personal dream.
To be your own boss.
To do something you enjoy.
To be creative.
Freedom to set your own schedule.
Controlling your own destiny.
Being recognized in the community.
Possibility of making more money.
Why Do People Become Entrepreneurs?

7. Types of Entrepreneurial Businesses
Manufacturing
Wholesaling
Retailing
Service
Types of Entrepreneurial Businesses

8. MANUFACTURING…produce the products they sell
Apparel and other textile products
Chemicals and related products
Electronics and other electrical equipment
Fabricated metal products
Food products
Industrial machinery and equipment
Printing and publishing
Rubber and miscellaneous plastic products
Stone, clay, and glass products
MANUFACTURING…produce the products they sell

9. WHOLESALING… sell products to people other than the final consumer
Apparel
Electrical goods
Groceries and related products
Hardware, plumbing, heating equipment
Lumber, construction materials
Machinery, equipment, supplies
Motor vehicles, automotive equipment
Paper, paper products
Petroleum, petroleum products
WHOLESALING… sell products to people other than the final consumer

10. Auto and home supply stores
Building materials and supply stores
Clothing stores
Florists
Furniture stores
Gift, novelty, and souvenir stores
Grocery stores
Hardware stores
Jewelry stores
Retail bakeries
Shoe stores
Sporting goods and, bicycle stores
RETAILING… Sell products directly to the people who use or consume them

11. SERVICE… sell services rather than products
Appliance repair
Automotive repair
Babysitting
Bookkeeping
Consulting
Dance instruction
Exterminators
Electrical services
Flower decorating
House cleaning
Lawn care
Painting
Plumbing
Translating
Travel agency
Tutoring
SERVICE… sell services rather than products

12. Agricultural – generate fresh produce and other farm products
Mining and extracting – take resources like coal out of the ground so they can be consumed
OTHER BUSINESS AREAS

13. More than 6.5 million small businesses contribute billions of dollars every year to the United States economy.
Entrepreneurs Today

14. Importance of Entrepreneurship
Small companies employ more workers than all of the country’s large corporations combined.
Importance of Entrepreneurship

15. Importance of Entrepreneurship
Many large companies began as small companies.
Small companies can be more creative and take more risks.
Their experimentation leads to technological success and increased productivity.
Importance of Entrepreneurship

16. REVIEW OF VOCABULARY Entrepreneurship Entrepreneurs Employees
Manufacturing
Wholesaling
Retailing
Service
Agricultural
Mining and extracting
REVIEW OF VOCABULARY

17. Entrepreneurs who changed US History
Donald Trump
Debbi Fields
Estee Lauder
Coco Chanel
Oprah Winfrey
Ben & Jerry
Mary Kay Ash
Clarence Birdseye
Henry Ford
Eli Whitney
Milton Hershey
Walt Disney
Ben Franklin
Howard Hughes
Steve Jobs
Bill Gates
Entrepreneurs who changed US History

18. Create a PowerPoint describing an entrepreneur who has made an impact on American society.
Choose the entrepreneur and receive teacher approval
Research the entrepreneur and create a works cited using MLA (You may use easybib.com)
Information to include in PowerPoint:
Brief childhood background (if you can find it)
Schooling or training received
Characteristics that made the individual a successful entrepreneur
Unique idea or business
Failures along the way to success
Reason why the entrepreneur was successful
Please include at least two pictures of the entrepreneur (These must be endnoted and sites recorded in the works cited.)
Prepare a brief speech to present to the class.
Project

19. GRADING – 100 POINTS
INFORMATION - 5 POINTS EACH (30 POINTS)
Brief childhood background (if you can find it)
Schooling or training received
Characteristics that made the individual a successful entrepreneur
Unique idea or business
Failures along the way to success
Reason why the entrepreneur was successful
CITATIONS – (20 POINTS) - MUST HAVE AT LEAST 4 SOURCES
Proper endnotes
Correct citations in works cited
PRESENTATION – (50 POINTS) – 1 POINT OFF FOR EVERY SPELLING ERROR
Two pictures are used
Abbreviated information on slides
Preparation
Presentation technique (eye contact, posture, speech)

20. Qualities of a Good Speech
Eye Contact Enunciate Understandable Pace Posture/Body Language Enthusiasm/Inflection/Ene rgy Know Your Subject Matter Practice
Qualities of a Good Speech