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¶85) .Definition of Entrepreneur ³The entrepreneur. shifts resources from areas of low productivity and yield to areas of higher productivity and yield. by definition. there is a risk the entrepreneur may not succeed´. (Drucker. Of course.
new method of production.Entrepreneurship Vs Management Entrepreneurship ± Creating something new ± New product. new markets. new source of raw material ± Challenges the µnorm¶ Management ± Protects ± Stewardship of existing resources .
Why become an Entrepreneur? Personal situation Resources Entrepreneurial skills Success stories Desire for independence Opportunity to exploit a gap Frustration .
Characteristics of an Entrepreneur Drive Perseverance Ambition Leader Survivor status Competitive Interpersonal skills Innovative skills Ability to bounce back Vision Motivation Self-confidence Self Satisfaction Extrovert Results orientated Committed Risk taker Sociable .
Psychological Characteristics of Entrepreneurs Need for achievement Locus of Control ± Internal ± External Risk-taking Prosperity Tolerance for ambiguity Type A Behaviour ± Impatient. competitiveness Need for Independence . time urgency. driving ambition.
What is the Role of the Entrepreneur? Opportunity recognition Market uncertainties ± Dealing with the future Risk taking ± Businesses. financial and personal Resource gathering Profits/Reward .
Profile of Irish Entrepreneur Self belief Passion and vision Risk taking Persistence Hard work Commitment to people .
Represent my opinion I can«. Negotiate I can «. Present I can«. Develop alternative plans I can«.. Handle technical devices My literacy is «.. Co-ordinate tasks I can«. . Sell I can«. Co-operate with others I can«.Skills & Competencies (Birdthistle) I can. My interaction with people is «. Handle numbers I can«.«Communicate I can. Hand tasks over to a 3rd party I can«.. Organise and plan I can«.
etc. redundant.Motives for Irish Start-ups (Birdthistle) Desire for independence Opportunity to exploit a gap in the market Frustration Solution Orientation Money Safety Orientation Change in their life ± Move. .
Reasons for Entrepreneurial Success Hard work and long hours Dedication. enthusiasm and belief in the idea Unsatisfied market demand Managerial competence Luck Strong control systems Sufficient capital . drive.
Hurdles in starting up a a business Lack of the right business idea Complicated regulatory efforts Own financial risk Lack of courage Lack of right founding partner Lack of equity Lack of debt capital Know-how-deficit .
Hurdles in starting up a a business Lack of contact clients/customers Economic cycle Business environment Fear of failure Support by family and friends Lack of time Lack of entrepreneurial skills .
Some Successful Kerry Entrepreneurs Jerry Kennelly Alan Scroope Edmund Harty Brian McCarthy John O¶Shea Mike Fitzgerald Maurice O¶Donoghue Sean Kelly John Rice Alan Berrington .
Some Successful Irish Entrepreneurs Gillian Bowler Larry Goodman Denis O¶Brien Padraig O¶Ceidigh Michael O¶Leary Moya Doherty Colum O¶Sullivan and Cullen Allen Freda Hayes .
If you are entrepreneur ± work is fun!! Have some fun««««««. Have you the µfire in your belly¶? ± Not indigestion but ± a vision. in your future? Have you the guts to take the rough with the smooth? ± Sure rough times ± but accept it and move on. a belief. . a concept.
ie www.cro.kerrysoft.about.enterprise-ireland.ie www.ie www.ie .Websites of Interest to Entrepreneurship in Kerry and Ireland www.kerryceb.com/ .ie/ www.ie www.com/ www.startingabusinessinireland.startup.entemp. www.com www.ie www.spotcheckonline.ie www.isme.entrepreneurs.com www.patentsoffice.ie www.sfa.shannondev.
ie www.bankofireland.co.ie www.com www.deloitte.ie www.sba.aib.asp www.co.com .ie www.firsttuesday.basis.ie/index.uk/ http://www.ie www. .com www.Websites of Interest to Entrepreneurship in Kerry and Ireland www.ie www.ulsterbank.planware.enterprisenetwork.entrepreneur.bplans.uk www.org www.smallbusinessportal.niftybusinessideas.com www.business2000.