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Entrepreneurs Entrepreneurship. Entrepreneurs What do they look like? How can we identify an entrepreneur?

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Presentation on theme: "Entrepreneurs Entrepreneurship. Entrepreneurs What do they look like? How can we identify an entrepreneur?"— Presentation transcript:

1 Entrepreneurs Entrepreneurship

2 Entrepreneurs What do they look like? How can we identify an entrepreneur?

3 Famous Entrepreneurs Mark Zuckerberg

4 Famous Entrepreneurs Steve Jobs

5 Famous Canadian Entrepreneurs Guy Laliberte & Guy Caron

6 Famous Canadian Entrepreneurs Christine Magee

7 Famous Canadian Entrepreneurs Arlene Dickinson

8 What do Entrepreneurs do? ■ Bring together various resources in order to pursue a venture that addresses some need, want or problem in a innovative way ■ Have the ability to see what others have not seen and the courage and skill to act on the opportunities perceived

9 What do Entrepreneurs do? ■ Carefully weigh the opportunities against the risk before acting ■Bus Company-Young EntreprenuerBus Company-Young Entreprenuer

10 "Entrepreneurs are simply those who understand that there is little difference between obstacle and opportunity and are able to turn both to their advantage.” Victor Kiam Former CEO & President of Remington Products & owner of New England Patriots

11 What does that mean? ■Entrepreneur – a person who takes risks and organizes resources in order to satisfy needs and/or wants ■Entrepreneurship – the act of identifying opportunities and mobilizing resources to bring about change in order to operate a venture/business Homemade Ice CreamHomemade Ice Cream-Young Entrepreneur

12 Key Terms Venture - A business undertaking involving some risk, established with the expectation of gain or profit. Opportunity - Arises from a change or a trend that has resulted in the generation of a problem, need, or want. Risk - The chance of possible loss of money or reputation that entrepreneurs take when starting a new venture.

13 Entrepreneurial Characteristics ■ All entrepreneurs possess similar characteristics. Let’s list a few:

14 Entrepreneurial Skills ■ Having a skill means you have the ability to do something specific Carpenter -> woodworking skills Chef -> cooking skills ■ It is easier to learn a skill than it is to develop a characteristic ■ To be a successful, entrepreneurs need a variety of skills

15 Entrepreneurial Skills Interpersonal Skills Critical-thinking Skills Practical Skills Creative-thinking Skills Are essential for an entrepreneur to be successful.

16 Entrepreneurial Skills Interpersonal Skills 1. Communication 2. Relationships

17 Sk Entrepreneurial Skills Critical-thinking Skills Creative-thinking Skills Ability to: Solve problems by looking at a variety of solutions Make a decision and act on it Set goals Plan out how to achieve the goal and act out the plan Generate ideas Identify opportunities

18 Entrepreneurial Skills Practical Skills ( Planning-Research, Organizing, Directing, Controlling) This is the ability to use special tools designed for a specific job.

19 Fill in the profile and hand in to me _______! We will not be presenting, only I will see, so be honest :) Your Entrepreneurial Profile!


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