ch06PPP - Chapter 6 Starting Your Own Business: The...

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Starting Your Own Business:  The Entrepreneurship Alternative Chapter 6
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Define the term  entrepreneur  and  distinguish among entrepreneurs, small- business owners, and managers. Identify the different types of  entrepreneurs. Explain why people choose to become  entrepreneurs. Discuss factors that support and expand  opportunities for entrepreneurs. 1 Learning Goals Identify personality traits that  typically characterize successful  entrepreneurs. Summarize the process of starting a  new venture. Explain how organizations promote  intrapreneurship. 2 3 4 5 6 7
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An  entrepreneur  is a person who seeks a  profitable opportunity and takes the necessary  risks to set up and operate a business. Differ from many small-business owners in their  strong desire to  make their business grow . Differ from managers through their  overriding  responsibility  to use the resources of the  organization to accomplish their goals. Willing to take risks. What is Entrepreneurship?
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Categories of Entrepreneurs Classic Entrepreneurs Serial Entrepreneurs Social Entrepreneurs
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More than 11% of Americans run their own  businesses. In an average month, Americans start 
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This note was uploaded on 02/13/2012 for the course ART HISTOR 105 taught by Professor Kenfield during the Spring '11 term at Rutgers.

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ch06PPP - Chapter 6 Starting Your Own Business: The...

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