1. LESSON 1.1 ENTREPRENEURS AND THE U.S. ECONOMY
Define entrepreneur and distinguish between an entrepreneur and an employee
Identify the impact of entrepreneurs on the American economy

2. Who is an Entrepreneur? One who owns and operates a business venture
One who accepts all the risks
One who tries to identify and meet a need for a product or service
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3. Entrepreneurs Own All Types of Businesses
Turn to page 5 in your textbook for the Types of Entrepreneurial Businesses
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4. LESSON 1.2 IS ENTREPRENEURSHIP RIGHT FOR YOU?
Identify the characteristics of successful entrepreneurs
Assess whether you have what it takes to succeed in your own business

5. Characteristics of Successful Entrepreneurs
Independent
Self-confident
Determined
Goal-oriented
Need to achieve and set high standards
Creative
Able to act quickly
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6. Assess Your Aptitude Job Attributes Checklist
I enjoy working with numbers.
I enjoy working outdoors.
I enjoy working with my hands.
I enjoy selling.
I like working with people.
I prefer to work alone.
I like supervising other people.
I like knowing exactly what it is I am supposed to do.
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7. LESSON 1.3 IDENTIFY OPPORTUNITIES
Recognize different businesses you could start
Identify your own personal goals

8. Resources for Finding Business Opportunities
Books on entrepreneurship
Magazines for entrepreneurs
Government publications
Small Business Administration (SBA)
Trade shows
Internet
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9. Setting Goals Financial Non-Financial How much money you will earn
How soon you can pay off debt
Realize if goals are realistic and obtainable
Non-Financial
Meet a community need
Work at something you enjoy
Maintain independence
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