Entrepreneurship- Characteristics of an Entrepreneur- Identifying an Opportunity- Companies and Business Plans- Investors
Entrepreneur•Webster’s – someone who runs a business at his or her own financial risk•An entrepreneur is a person who undertakes the creation of an enterprise or business that has the chance of profit (or success).
Some qualities of an entrepreneur •Clear strategy•Technology•Ethical Behavior•Flexibility•Partnerships•Robust network•Realistic view•Passion!
Characteristics of an Entrepreneur•Ability to deal with a series of tough issues•Ability to create solutions and work to perfect them•Can handle many tasks simultaneously•Resiliency in the face of set-backs•Willingness to work hard and not expect easy solutions•Possess well-developed problem solving skills•Ability to learn and acquire the necessary skills forthe tasks at hand
Innovation“I never did anything worth doing entirely by accident…and almost none of my inventions came about totally by accident. They were achieved by having trained myself to endure and tolerate hard work.” – Thomas Edison
Innovation“The reasonable man adapts himself to the world. The unreasonable man tries to adapt the world to himself.