Scribd Logo
Upload

Welcome to Scribd!

  • 5 views

    Introduction To Entrepreneurship

    Uploaded by

    farzana

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd

    Introduction To Entrepreneurship

    Uploaded by

    farzana
    5 views8 pages

    Original Title

    Introduction to Entrepreneurship

    Copyright

    © © All Rights Reserved

    Available Formats

    PPTX, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    5 views8 pages

    Introduction To Entrepreneurship

    Uploaded by

    farzana

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    You are on page 1of 8

    Introduction to Entrepreneurship

    DEFINE
    ENTREPRENUERSHIP
    Why become an entrepreneur?

    Desire to pursue own ideas

    Reasons

    Desire to be their own boss Financial Rewards


    Characteristics of successful
    entrepreneurs

    passion for product/


    the customer
    business focus

    tenacity
    Execution
    despite
    intelligence
    failure
    Common myths about
    entrepreneurs
    • Myth 1: Entrepreneurs Are Born Not Made
    • Myth 2: Entrepreneurs Are Gamblers
    • Myth 3: Entrepreneurs Are Motivated Primarily by Money
    • Myth 4: Entrepreneurs Should Be Young and Energetic
    Types of start-up firms

    Salary Substitute Firm

    Life Style Firm

    Entrepreneurial Firm
    Economic impact of entrepreneurial
    firms
    • Innovation
    • Is the process of creating something new, which is central to the
    entrepreneurial process.
    • Small firms are twice as innovative per employee as large firms.
    • Job Creation
    • In the past two decades, economic activity has moved in the direction of
    smaller entrepreneurial firms, which may be due to their unique ability to
    innovate and focus on specialized tasks.
    • Impact on Society

    • Think of all the new products and services that make our lives easier, enhance
    our productivity at work, improve our health, and entertain us in new ways.

    • Impact on Larger Firms

    • Many entrepreneurial firms have built their entire business models around
    producing products and services that help larger firms become more efficient
    and effective.
    Corporate Entrepreneurship
    • Is the conceptualization of entrepreneurship at the firm level.

    • All firms fall along a conceptual continuum that ranges from


    highly conservative to highly entrepreneurial.

    • The position of a firm on this continuum is referred to as its


    entrepreneurial intensity.

    You might also like