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Chapter 2 Your Potential as an Entrepreneur. Rewards of Entrepreneurship b being your own boss b doing something you enjoy b having the opportunity to.

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Presentation on theme: "Chapter 2 Your Potential as an Entrepreneur. Rewards of Entrepreneurship b being your own boss b doing something you enjoy b having the opportunity to."— Presentation transcript:

1 Chapter 2 Your Potential as an Entrepreneur

2 Rewards of Entrepreneurship b being your own boss b doing something you enjoy b having the opportunity to be creative b freedom to set your own schedule b controlling your salary b contributing to the community

3 The Costs and Risks of Entrepreneurship b working long hours b having an uncertain income b being fully responsible b risking one’s investment

4 Background of Entrepreneurs b nearly half are under age 35 when they start their business b 40%-- a high school diploma or less b 27%--some college b 33%--college degree b 62%--close relatives who owned a business b frequently worked when they were young b influenced early by a role model

5 Characteristics of Entrepreneurs b persistent b creative b responsible b inquisitive b goal-oriented b independent

6 Characteristics (con’t) b self-demanding b self-confident b risk-taking b restless b action-oriented b enthusiastic

7 Skills of Entrepreneurs b communication b human relations b math b problem-solving b technical b basic business


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