Entreprene

urship
• Have you ever dreamed of becoming the next
multi-millionaire? If you’re thinking that winning
the lottery is the only way to become one, well,
think again. It is not chance that gives you
millions, instead being a millionaire is a result of
hard work and determination. Starting your own
business is a good beginning towards fulfilling
your dreams.
Entrepreneurship is the way!
Introduction to
Entrepreneurs
hip
ENTREPREN
EUR
• Entrepreneurship is…
 The act of creating a business or businesses while
building and scaling it to generate a profit.
 An important driver of economic growth and
innovation.
 What people do to take their career and dreams into
their hands and lead it in the direction of their own
choice.
 About building a life on your own terms. No
bosses. No restricting schedules. And no one holds
you back.
ENTREPRENEURSHIP
❑Has an enormous impact on the economy and
in the society.
❑The level of entrepreneurial activity has
contributed significally to the national level of
economic growth of many countries.
❑It has also initiated changes in the structure of
business and society.
• The word “entrepreneur” is derived from
the French verb enterprendre, which
means „to undertake‟.
• This refers to those who “undertake” the
risk of new enterprises. An enterprise is
created by an entrepreneur. The process
of creation is called “entrepreneurship”
• An entrepreneur is…
 A person who sets up a business with the aim to
make a profit and creates a new business, bearing
most of the risks and enjoying most of the rewards.
 An innovator, a source of new ideas, goods,
services, and business/or procedures.
 Playing a key role in any economy, using the skills
and initiative necessary to anticipate needs and bring
good new ideas to market.
 ENTREPRENEURSHIP

ENTREPRENEUR

PROCEEDS ASSUMES THE

IDENTIFIES CONSIDERS TO RISK OF
THE OFFERING A ASSEMBLE EITHER
ECONOMIC BUSINESS THE SUCCEEDING
NEED SOLUTION RESOURCES OR FAILING
REQUIRED
 PROVIDE PRODUCTS AND
SERVICES FOR COSTUMERS AND
PRODUCERS.
PROVIDE EMPLOYMENT
ENTREPRE
PROVISION OF PAYMENT OF TAXES
NEUR TASK
PROVIDE FOR SUPPLIER’S
PRODUCTS AND SERVICES
PROVIDE TRAINING FACILITIES
FOR FUTURE ENTREPRENEURS
Reflection:
What motivated you to become an
entrepreneur?