Entrepreneurship

How many people want to: – Own their own business – Be their own boss – Determine their own hours – Possibly work from home – Bring their ideas to life

Entrepreneurship Always have been a part of our society A person who organizes, managers, and assumes the risks of starting and operating a business Start a business for profit or different goals (helping others)

Mr. Lovett: Entrepreneur Started at a young age: Selling the most chocolate bars for a school fundraiser – Found different ways to sell the chocolate bars (basketball tournaments, outside stores, etc) Basketball score keeping/refereeing business Pool Business BCI: Mustang Market

Entrepreneur Concerns With a group of 4-5 brainstorm all of the concerns an entrepreneur would have In other words.....what does the owner of a business have to think through before opening his/her business Example: Must find financing for inventory/supplies Find at least 25 things

The Mustang Market I need your help The Mustang Market has been operational for a few months now, but is there something I am missing? Opportunities being lost? If you were to run it – what would you do differently?

Entrepreneurship at BCI In groups of 3 Think of possible business opportunities at the Mustang Market What needs do you have as a student of BCI that isn’t being met Brainstorm a good business ideas – Not just items to sell in the store – Examples: Ways to promote the mustang market Ways to distribute goods How to get feedback from staff and students What additional things need to be done to make this a fully functional store