Proactive process - Making or

managing a situation by causing

something to happen rather
than reacting to it after it has
occurred.

Seeking opportunities –
- Be observant. You need to
look for opportunities to find
them.
- Educate yourself
Social Benefits - businesses help to foster
innovation, promote economic development, and create jobs.

Economic Benefits - new wealth from the

new markets. Additionally, higher earnings due to entrepreneurship
can help boost national income. This is in the form of higher
government spending and tax revenue, resulting in investment in
struggling sectors and human capital.

1. Provides job opportunities.

Entrepreneurs create
new businesses and
in turn create
opportunities of
employment for
people.
2. Increase of economic
activities
3. New and improved products
enable new markets which
often lead to economic
growth. Like some of the
legendary names in
business, Bill Gates
(Microsoft), Larry Ellison
(Oracle), Steve Jobs (Apple)
and many more,
entrepreneurs create
innovations.
4. They contribute to raising
everyone's level of living by
providing jobs and making
items safer, less expensive,
and more functional.
5. to spread or distribute from a fixed or constant source – jobs,
new opportunities. For equality where everyone has the same
access to the same opportunity and wealth

6. make sure local resources are used properly and that every
area has an appropriate allocation of resources.

7. a county with more entrepreneur is highly likely to become

financial independent. Add national

income - The new products or services created by

entrepreneurs result in new wealth from the new markets.
Additionally, higher earnings due to entrepreneurship can help boost
national income. This is in the form of higher government spending
and tax revenue, resulting in investment in struggling sectors and
human capital.
 8. This method can foster
peace in conflict-torn
economies by addressing
immediate needs and
grievances, lowering tension
and conflict causes, and
establishing post-conflict
employment that would
otherwise be lacking in these
areas.

FOUR STEP PROCESS OF

THINKING
ideal entrepreneur?
A good entrepreneur must be comfortable making tough decisions and enjoys the thrill
of taking calculated risks. Example: Bill Gates can attribute his success to this. He
dropped out of college to found Microsoft and is now worth more than $800 billion.

Visualize winning a new client or achieving your biggest business

goal. Visualizing the future and imagining it happening can lead to
being less shocked when it actually happens. Taking away the shock
factor might lead to more considered responses instead of emotional
reactions.

Involves sharing their ideas with other people, knowing that their
vision is already occurring.

Materialization – This is the bit where your dreams come true. The
steps above help you to adjust your mindset and give you the tools to
be able to achieve your dreams. The process also helps you with your
accountability and this in turn means that your dreams ultimately
become reality.

Idealization involves imagining ideal world dreams while visualization is all about picturing the
ideal world as a reality in order to work on goals. Verbalization pertains to putting the dream and
the vision into words and materialization is when that dream becomes real and tangible.