1. PowerPoint Presentation  Section 2.2  Pages 23-31

2. What you’ll learn  The background of entrepreneurs  What characteristics are found in most entrepreneurs 2.2 What Does It Take To Be An Entrepreneur?

3. What you’ll learn  What skills are needed by entrepreneurs  How to strengthen your entrepreneurial characteristics  How to develop your entrepreneurial skills 2.2 What Does It Take To Be An Entrepreneur?

4. Why it’s important  You need to develop the characteristics and skills that are helpful to entrepreneurs. 2.2 What Does It Take To Be An Entrepreneur?

5. Key Terms role model foundational skills Internetprofile 2.2 What Does It Take To Be An Entrepreneur?

6. I. BACKGROUND A. Entrepreneurs include a wide span of ages, educational backgrounds, and personal histories. 2.2 What Does It Take To Be An Entrepreneur?

7. B. Many entrepreneurs were influenced in life by a role model, a person whose attitude and achievements they tried to emulate. 2.2 What Does It Take To Be An Entrepreneur?

8. II. CHARACTERISTICS It takes certain trait and qualities to set up and run a business. A. Persistence B. Creativity 2.2 What Does It Take To Be An Entrepreneur?

9. C. Responsibility D. Inquisitiveness E. Goal-oriented E. Goal-oriented F. Independence F. Independence G. Self-demanding G. Self-demanding 2.2 What Does It Take To Be An Entrepreneur?

10. H. Self-confidence I. Risk-taking J. Restlessness J. Restlessness K. Action-oriented K. Action-oriented L. Enthusiasm L. Enthusiasm 2.2 What Does It Take To Be An Entrepreneur?

11. III. SKILLS A. Foundational skills are math, communication, and decision- making skills that entrepreneurs use regularly in setting up and running a business.

12. 2.2 What Does It Take To Be An Entrepreneur? B. Research has identified certain skills needed by entrepreneurs. 1. Communication skills 1. Communication skills 2. Human relation skills 2. Human relation skills

13. 2.2 What Does It Take To Be An Entrepreneur? 3. Math skills 3. Math skills 4. Problem-solving and 4. Problem-solving and decision-making skills decision-making skills 5. Technical skills 5. Technical skills 6. Basic business skills 6. Basic business skills

14. 2.2 What Does It Take To Be An Entrepreneur? C. One valuable research tool for entrepreneurs is the Internet, a large computer network linking smaller computer networks worldwide.

15. 2.2 What Does It Take To Be An Entrepreneur? IV. BUILDING YOUR ENTREPRENEURIAL BACKGROUND Entrepreneurial characteristics can be cultivated. Entrepreneurial characteristics can be cultivated.

16. 2.2 What Does It Take To Be An Entrepreneur? Discussion Starter Discuss: Successful people see failures as stepping stones; unsuccessful people see failures as road blocks.

17. 2.2 What Does It Take To Be An Entrepreneur? V. DON’T WORRY ABOUT YOUR BACKGROUND A. Sharing background profile experiences with typical entrepreneurs increases the likelihood of one’s having a business.

18. 2.2 What Does It Take To Be An Entrepreneur? B. A profile is a set of characteristics or qualities that identifies a type, or a category of person.

19. 2.2 What Does It Take To Be An Entrepreneur? C. A can-do attitude and a genuine desire to go into business for one's self is far more important than having a certain profile.

20. 2.2 What Does It Take To Be An Entrepreneur? VI. STRENGTHENING ENTREPRENEURIAL CHARACTERISTICS

21. 2.2 What Does It Take To Be An Entrepreneur? A. With commitment and work, characteristics can be strengthened and developed.

22. 2.2 What Does It Take To Be An Entrepreneur? B. Entrepreneurial characteristics can be strengthened through certain activities.

23. 2.2 What Does It Take To Be An Entrepreneur? 1. Reading 1. Reading 2. Writing 2. Writing 3. Watching 3. Watching 4. Practicing 4. Practicing

24. 2.2 What Does It Take To Be An Entrepreneur? VII. THREE STEPS TO FOLLOW A. Determine the strength of your entrepreneurial characteristics.

25. 2.2 What Does It Take To Be An Entrepreneur? Gauging your strengths can help you plan for success.

26. 2.2 What Does It Take To Be An Entrepreneur? B. Make a conscious effort to think of entrepreneurial characteristics as habits to be changed.

27. 2.2 What Does It Take To Be An Entrepreneur? C. Develop the characteristics in which you feel weak.

28. 2.2 What Does It Take To Be An Entrepreneur? One's need for achievement can be increased through certain activities. D. One's need for achievement can be increased through certain activities.

29. 2.2 What Does It Take To Be An Entrepreneur? 1. Think like an achiever. 2. Use the language of achievement. 3. Plan for achievement. 4. Act positive.

30. 2.2 What Does It Take To Be An Entrepreneur? Math Problem If 8,400 businesses start each week, how many will start in a year? If 1 in 4 fail, how may remain open?

31. 2.2 What Does It Take To Be An Entrepreneur? VIII. DEVELOPING YOUR ENTREPRENEURIAL SKILLS Entrepreneurs must develop as much competence as necessary to set up and run a successful operation. Entrepreneurs must develop as much competence as necessary to set up and run a successful operation.

32. 2.2 What Does It Take To Be An Entrepreneur? End of Section 2.2