mgmt class 4 - Entrepreneurship & Small Business...

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Entrepreneurs Scott Turner MGMT 472 Spring 2012
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Course Topics Entrepreneurship What is it? How should you think about it? Entrepreneurs Characteristics Opportunities Sources, Assessing, Recognizing Business Models Vehicles to Pursue Opportunities Resources Teams, Finances
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How should you think about Entrepreneurship? Characteristics of Entrepreneurs Industry and Competitive Environment Opportunities • Sources and Assessment • Creativity and Recognition Building Ventures • Developing Business Models • Assembling Needed Resources
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Plans for the Day Opening Concepts: Thinking about Entrepreneurs The New Heroes Considering a Current Debate
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Why Do People Become Entrepreneurs? Entrepreneurs are motivated by: Independence (self-directed time) Financial Success (financial security) Self-Realization (self-directed goals) Entrepreneurs are less influenced by: External Recognition/Approval Desire to Follow the Path of Others Gartner and Bellamy. 2010.
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A Number of Myths.
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mgmt class 4 - Entrepreneurship & Small Business...

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