Professional Documents
Culture Documents
Chapter 01
Chapter 01
1.1Entrepreneurs: Present and Past 1.2Is Entrepreneurship Right for You? 1.3Identify Business Opportunities and Set Goals
GOALS
Define entrepreneurship. Learn about entrepreneurship in history. Identify the impact of entrepreneurs and small business today.
WHAT IS AN ENTREPRENEUR?
Definitions
People who own, operate, and take the risk of a business venture are called entrepreneurs. Entrepreneurship is the process of running a business of ones own.
Entrepreneurs today
GOALS
Identify the characteristics of successful entrepreneurs. Assess whether you have what it takes to succeed in your own business.
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Assess your aptitude Assess the advantages of entrepreneurship Assess the disadvantages of entrepreneurship
ADVANTAGES OF ENTREPRENEURSHIP
Entrepreneurs are their own bosses. Entrepreneurs can choose a business that interests them. Entrepreneurs can be creative. Entrepreneurs can make lots of money.
DISADVANTAGES OF ENTREPRENEURSHIP
Entrepreneurship is risky. Entrepreneurs face uncertain and irregular incomes. Entrepreneurs work long hours. Entrepreneurs must make all decisions by themselves.
GOALS
Recognize different businesses you could start. Identify your own personal goals.
INVESTIGATE OPPORTUNITIES
Library Small Business Administration Trade shows
SETTING GOALS
Financial goals Nonfinancial goals