SHOULD YOU

BECOME AN
ENTREPRENEUR?
Who do you think was one
of the most important
entrepreneurs of the past
and why do you think so?
 Chapter 1
ENTREPRENEURS IN Slide 3

UNITED STATES HISTORY

• Entrepreneurs who changed America
– Nineteenth century entrepreneurs
• Cyrus McCormick
– Mechanized the reaper, created International Harvester
• Lydia Moss Bradley
– Invested in real estate, created Bradley University
• John D. Rockefeller
– Oil refinery business – monopolized the industry
 Chapter 1
ENTREPRENEURS IN Slide 4

UNITED STATES HISTORY

– Early 20th century entrepreneurs
• Henry Ford
– Developed and mass produced the Model T
– Created the assembly line
• Olive Ann Beech
– leader in the aviation industry until merging with
Raytheon Co. in 1980
• Clarence Birdseye
– Revolutionized how we eat – frozen food industry
• Rose Knox
– the first to provide employees paid sick and vacation
leave and a five-day work week
 Chapter 1
Slide 5
Entrepreneurs today

– Bill Gates (77$ billion)

– Carlos Slim
– Richard Branson
– Michael Dell
– Larry Ellison
 Characteristics of
Successful
Entrepreneurs

Recall personal characteristics and skills

needed for a successful entrepreneur.
What is an entrepreneur?

An individual who
undertakes the
risk associated
with creating,
organizing, and
owning a
business.