OUTLINE

Entrepreneurship

1. Economic activity

a) Builds products and services

b) Finding necessary resources

2. Improving the lifestyle of people

a) Improves the way people work and live

i) Creating jobs
ii) Providing with latest and innovative products

3. Characteristics of entrepreneurs to succeed

a) Self-motivated
b) Risktakers
c) Confident about their product and services
d) Adaptive to the customer’s needs

4. Types of entrepreneurships

a) Lifestyle entrepreneurship
b) Home based business
c) Online businesses
d) Investors