mid term outline - Entrepreneur A person who starts and/or...

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Entrepreneu r- A person who starts and/or operates a business. – Individuals who discover market needs and launch new firms to meet those needs. – Risk takers who provide an impetus for change, innovation, and progress. – All active owner-managers (founders and/or managers of small businesses). REWARDS 1. Profit-financial gain porporionate to personal achievement 2. Independence- power to make own business decisions 3. Freedom-escape from undesireable situation 4. Personal satisfaction- enjoyment of a satisfying way of lige 5. Personal dfulfillment- contribution to the community Who Are Entrepreneurs? Entrepreneurs, driven by an intense commitment and determined perseverance, work very hard. They are optimists who see the cup as half full rather than half empty. They strive for integrity. They burn with the competitive desire to excel. Entrepreneurship is a dynamic process of vision, change, and creation . It requires an application of energy and passion towards the creation and implementation of
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