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The Entrepreneurial Giveback ppt

The Entrepreneurial Giveback ppt - The Entrepreneurial...

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The Entrepreneurial Giveback
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What Are Entrepreneurs? People who: Take risks to start businesses Foresee change and develop products to take advantage of that change Use innovations in technology or marketing to take them in new directions Are committed to grow as fast as the marketplace allows
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What Are Entrepreneurs? (2) Entrepreneurs and entrepreneurial companies don’t follow old ways of cutthroat competition Cluster around universities and other entrepreneurs, often in incubators Benefit is that they take advantage of knowledge workers, access to capital and the ability to collaborate
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What Are Entrepreneurs? ( 3) Entrepreneurs view the world, not their states, regions or country, as their marketplace As comfortable selling their products “down under” as they are “down the street”
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Entrepreneurs and Jobs Entrepreneurs are responsible for a large part of our economic growth They create new businesses and jobs at an incredible rate 600,000 – 800,000 new businesses created each year (NCOE) About 10% of US’s 6 million businesses create majority of new jobs
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Entrepreneurs and New Industries Entrepreneurs and small entrepreneurial companies have created many of the most revolutionary new industries that have changed the way we live and do business The computer; smart phones; the iPod; soft contact lenses
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The Entrepreneurial Giveback Entrepreneurs make unique contributions to the American economy
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