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ENTREPRENEURIAL
PERSPECTIVE
WEEK 1
1/29/17
1.1
What Is
2
Entrepreneurshi
p?
CO1:
Content:
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entre-
pre
neur
enter
-
before
nerve center
Definition of Entrepreneurship
Merriam-Webster
One who
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An Entrepreneur
Disneys definition
.to do things and make
things which will give
pleasure to people in new
and amazing ways. .
It is magic!
Simply
amazing!
Magical
Entrepreneurship
involves:
MAGIC soft issues
LOGIC hard issues
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Why Be an Entrepreneur?
The biggest reward of becoming an entrepreneur is the
The biggest reward of becoming an entrepreneur is the
personal satisfaction that comes from having the freedom to
personal satisfaction that comes from having the freedom to
make your own business decisions and then act on them.
make your own business decisions and then act on them.
Entrepreneurship:OwningYourFuture,11thed.
SteveMariotti
2010PearsonHigherEducation,
UpperSaddleRiver,NJ07458.AllRightsReserved.
It is about:
ideas
Products
Processes
ENTREPRENEURSHIP
MINDSET
About
a forever
innovating mindset
Business
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NEW:
10
Entrepreneurship
11
Opportunity-focused
Innovative
Growth-oriented
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Entrepreneurship is a mindset
Entrepreneurship in History
Here are some well-known entrepreneurs who changed
Here are some well-known entrepreneurs who changed
the world. For what is each entrepreneur most famous?
the world. For what is each entrepreneur most famous?
Entrepreneurship:OwningYourFuture,11thed.
SteveMariotti
2010PearsonHigherEducation,
UpperSaddleRiver,NJ07458.AllRightsReserved.
12
Risks of Being an
Entrepreneur
Potential Business Failure. Being fully
Entrepreneurship:OwningYourFuture,11thed.
SteveMariotti
2010PearsonHigherEducation,
UpperSaddleRiver,NJ07458.AllRightsReserved.
13
Source
In
Its
Finally...
14
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Compelling Reasons
Why We
Need
Entrepreneurs
15
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RP is a HOTBED OF
ENTREPRENEURSHIP!
Why Study
Entrepreneurship?
There are two primary reasons why studying
There are two primary reasons why studying
Entrepreneurship:OwningYourFuture,11thed.
SteveMariotti
2010PearsonHigherEducation,
UpperSaddleRiver,NJ07458.AllRightsReserved.
16
Enterprise
(Mason, 2000)
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Intrapreneurship
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(Kneale, 2002)
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Forms of Entrepreneurship
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Entrepreneurship
2. Business Entrepreneurship
3. Techno Entrepreneurship
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1. Social
Social Entrepreneurship
No
more charities
Sustainability
Profits
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20
Mother
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Teresa
did what no
other person
has done before
to take care of
the poor,
destitute and
lepers
21
Lance
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Armstrong
7 times Tour de
France champion
His real victory is
with the LAF
where he helps
hundreds of
cancer victims
22
Sir
Sir
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first
23
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2. Business Entrepreneurship
Business for profit
Its
Lifestyle
entrepreneur
A
lifestyle
entrepreneur places
passion before profit
when launching a
business in order to
combine
personal
interests and talent
with the ability to
earn a living.
who
entrepreneur
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Serial
26
Entrepreneurial Trends
27
Social
The
responsibility
Internet
Globalization
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Women
Bornor made?
identify
Social
Development
Approach
includes
risk,
family
influences,
constraints etc.
Structure
Theory seeks to
common links that bind them
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Trait
28
1.2
Characteristics
of
an
Entrepreneur
Entrepreneurship:OwningYourFuture,11thed.
SteveMariotti
2010PearsonHigherEducation,
UpperSaddleRiver,NJ07458.AllRightsReserved.
29
Entrepreneurship:OwningYourFuture,11thed.
SteveMariotti
2010PearsonHigherEducation,
UpperSaddleRiver,NJ07458.AllRightsReserved.
30
Entrepreneurs are
Individually,
31
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Characteristics of entrepreneurs
or enterprising people?
Characteristics of Successful
Entrepreneurs
Self-assessmentevaluating your strengths and weaknesses
Self-assessmentevaluating your strengths and weaknesses
is an important part of becoming an entrepreneur.
is an important part of becoming an entrepreneur.
Entrepreneurship:OwningYourFuture,11thed.
SteveMariotti
2010PearsonHigherEducation,
UpperSaddleRiver,NJ07458.AllRightsReserved.
32
Characteristics of an Entrepreneur:
Adaptable; problem-solver
Persuasive; inspirational
Honest
Understanding
Networker
Taker of opportunities
Researcher; enquirer
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33
Characteristics of Successful
Entrepreneurs
Personal
Characterisitics
Courage
Creativity
Curiosity
Determination
Discipline
Empathy
Enthusiasm
Flexibility
Honesty
Patience
Responsibility
Entrepreneurship:OwningYourFuture,11thed.
SteveMariotti
Skills
Skills
34
Entrepreneurship:OwningYourFuture,11thed.
SteveMariotti
2010PearsonHigherEducation,
UpperSaddleRiver,NJ07458.AllRightsReserved.
35
36
AmbitION
PassION
Idea FruitION
Sea of Opportunity
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InspiratION (idea)
37
mobilizes capital
empower individuals
enhance competitive
consciousness
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FOLLOW YOUR
DREAM, BE AN
ENTREPRENEUR
(movie clip)
YOU
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So you want to be a
billionaire?
38
Assignment no. 1:
2.
1.
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