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2.1 What Does It Take To Be An Entrepreneur?

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Presentation on theme: "2.1 What Does It Take To Be An Entrepreneur?"— Presentation transcript:

1 2.1 What Does It Take To Be An Entrepreneur?
What you’ll learn The background of entrepreneurs What characteristics are found in most entrepreneurs

2 2.2 What Does It Take To Be An Entrepreneur?
What you’ll learn What skills are needed by entrepreneurs How to strengthen your entrepreneurial characteristics

3 2.3 What Does It Take To Be An Entrepreneur?
What you’ll learn How to develop your entrepreneurial skills

4 2.4 What Does It Take To Be An Entrepreneur?
I. BACKGROUND A. Entrepreneurs include a wide span of ages, educational backgrounds, and personal histories.

5 2.5 What Does It Take To Be An Entrepreneur?
B. Many entrepreneurs were influenced in life by a role model, a person whose attitude and achievements they tried to emulate.

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II. CHARACTERISTICS It takes certain trait and qualities to set up and run a business. A. Persistence B. Creativity

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C. Responsibility D. Inquisitiveness E. Goal-oriented F. Independence G. Self-demanding

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H. Self-confidence I. Risk-taking J. Restlessness K. Action-oriented L. Enthusiasm

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Critical Thinking Select and develop five characteristics that are most important to being an entrepreneur. ? Answer: Answers may include persistence, creativity, and other traits listed before.

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

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B. Research has identified certain skills needed by entrepreneurs. 1. Communication skills 2. Human relation skills

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3. Math skills 4. Problem-solving and decision- making skills 5. Technical skills 6. Basic business skills

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C. One valuable research tool for entrepreneurs is the Internet.

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IV. BUILDING YOUR ENTREPRENEURIAL BACKGROUND Entrepreneurial characteristics can be cultivated.

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Discussion Starter Discuss: Successful people see failures as stepping stones; unsuccessful people see failures as road blocks. ? Answer: Answers and interpretations may vary, but should allude to the importance of keeping a positive mental attitude.

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V. DON’T WORRY ABOUT YOUR BACKGROUND A. Sharing background profile experiences with typical entrepreneurs increases the likelihood of one’s having a business.

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B. A profile is a set of characteristics or qualities that identifies a type, or a category of person.

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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.

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VI. STRENGTHENING ENTREPRENEURIAL CHARACTERISTICS

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A. With commitment and work, characteristics can be strengthened and developed.

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VIII. DEVELOPING YOUR ENTREPRENEURIAL SKILLS Entrepreneurs must develop as much competence as necessary to set up and run a successful operation.

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B. Entrepreneurial characteristics can be strengthened through certain activities.

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1. Reading 2. Writing 3. Watching 4. Practicing

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VII. THREE STEPS TO FOLLOW A. Determine the strength of your entrepreneurial characteristics.

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B. Make a conscious effort to think of entrepreneurial characteristics as habits to be changed.

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C. Develop the characteristics in which you feel weak.

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D. One's need for achievement can be increased through certain activities.

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1. Think like an achiever. 2. Use the language of achievement. 3. Plan for achievement. 4. Act positive.


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