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Chapter 12 Entrepreneurship - Copy

Chapter 12 entrepreneurship copy

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Unformatted text preview: Entrepreneurship Entrepreneurship Chapter 12 E-Generation Equity Generation Building wealth through development of their own businesses US Small Business Administration US 1970: – 200,000 new companies – Women represented less than 5% of businesses Today: – 3.5 million new start­ups – Women represent 50% of business owners Entrepreneurial Characteristics Entrepreneurial Dynamic Risk­takers Creative Growth oriented Independent Owners Independent Smaller entrepreneurial operations Prefer to operate with a more limited scope They have chosen to stay small and local; but respect and learn from the bigger operations Entrepreneurship is not a job it is a lifestyle lifestyle Many aspiring young entrepreneurs do not fully grasp the long hours...
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