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Becoming an Entrepreneur
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Entrepreneur Someone who takes a risk in starting a business to earn a profit Characteristics of an Entrepreneur: Competitive Creative Energetic Goal oriented Independent Inquisitive Persistent Reliable Self-confident Ability to partner Ability to secure resources Ability to spot opportunity Capability to learn from failure Personal initiative Problem-solving skills Strong integrity Tolerance for ambiguity Willingness to work hard
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$10,000 or LESS Venture Capital
Money provided by large investors to finance new products and new businesses that have a good chance to be very profitable How much money do most new businesses begin with?? $10,000 or LESS
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An invention or creation that is brand new
Innovation An invention or creation that is brand new On the same piece of paper from the previous activity, write down a product or service that you felt was innovative for its time
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