CLASS_1 - BUSINESS INCREASE IN HOME-BASED BUSINESS MORE YOUNGER FEMALE AND MINORITY ENTREPRENEURS MORE SMALL BUSINESSES STARTED ON THE INTERNET THE

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Session #1 COMPANY FOUNDERS (ENTREPRENEURS) DEFINITION : A RISK TAKER, ONE WITH THE VISION AND DRIVE TO START AN ENTERPRISE OR DRAMATICALLY CHANGE DIRECTION OF AN EXISTING FIRM. TYPES OF ENTREPRENEURS: 1. CLASSIC START A BUSINESS, USUALLY SMALL, GROWTH ORIENTED 2. MULTIPRENEUR START A SERIES OF BUSINESSES, START THEM, NOT RUN THEM 3. INTRAPRENEURS OPERATE WITHIN A LARGE COMPANY 1
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Session #1 DEMOGRAPHICS OF ENTREPRENEURS (MEASURABLE CHARACTERISTICS) WHAT ARE THE CHARACTERISTICS? ANY SIMILARITIES? EDUCATION AGE GENDER ETHNIC PERSONALITY FAILURE RATE 2
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Session #1 TRAITS OF PERSONALITY CHARACTERISTICS OF ENTREPRENEURS AMBITIOUS INDEPENDENT SELF CONFIDENCE RISK TAKER VISIONARY CREATIVE PASSIONATE ENERGETIC COMMITTED 3
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Session #1 REASONS WHY ENTREPRENEURS START COMPANIES 1. FINANCIAL CONSIDERATIONS 2. BE YOUR OWN BOSS 3. IMPACT ON SOCIETY 4. IMPACT ON TECHNOLOGY 5. COULD BE ACCIDENTAL MOST FORTUNE 500 COMPANIES WERE FOUNDED AS SMALL START-UP OPERATIONS WITH SOME EXCEPTIONS… 4
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Session #1 TRENDS IN ENTREPRENEURSHIP AND SMALL
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Unformatted text preview: BUSINESS INCREASE IN HOME-BASED BUSINESS MORE YOUNGER, FEMALE AND MINORITY ENTREPRENEURS MORE SMALL BUSINESSES STARTED ON THE INTERNET THE NUMBER OD SMALL BUSINESSES DOING E-COMMERCE INCREASED FROM 150,000 IN 1997 TO 850,000 IN 1999 (SOURCE: INTERNATIONAL DATA CORP. /ENTREPRENEUR. JAN. 2000, P.46) 5 Session #1 LEADERSHIP DEFINITION: PROCESS OF GUIDING AND MOTIVATING OTHERS TOWARD THE ACHIEVEMENT OF ORGANIZATIONAL GOALS LEADERSHIP IS FUNCTION OF POWER WITHIN AN ORGANIZATION TYPES OF POWER: 1. LEGITIMATE 2. REWARD 3. COERCIVE 4. EXPERT 5. REFERENT 6. COMBINATIONS OF THE ABOVE 6 Session #1 TYPES OF LEADERSHIP STYLES DEMONSTRATED BY ENTREPRENEURS AND OFFICERS 1. AUTOCRATIC 2. PARTICIPATIVE OR CONSULTATIVE 3. LAISSEZ-FAIRE EVALUATE YOUR INDIVIDUAL COMPANIES RELATIVE TO THE INFORMATION PROVIDED DURING OUR DISCUSSION ON ENTREPRENEURS OR ORGANIZATIONAL OFFICERS 7...
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This note was uploaded on 04/18/2008 for the course BUS 115 taught by Professor Laskowski during the Spring '08 term at SUNY Stony Brook.

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CLASS_1 - BUSINESS INCREASE IN HOME-BASED BUSINESS MORE YOUNGER FEMALE AND MINORITY ENTREPRENEURS MORE SMALL BUSINESSES STARTED ON THE INTERNET THE

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