There is no such thing as a typical entrepreneur. Some entrepreneurs are quiet and hard-working, while others are more outgoing and flamboyant. The key to being a successful entrepreneur lies in the ability to take an idea and then, through the process of innovation, develop it in such a way that it becomes a marketable product or service.
2. What are the characteristics
of entrepreneur?
There is no such thing as a typical
entrepreneur. Some entrepreneurs are quiet
and hard-working, while others are more
outgoing and flamboyant. The key to being a
successful entrepreneur lies in the ability to
take an idea and then, through the process of
innovation, develop it in such a way that it
becomes a marketable product or service.
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3. Through their innovations, they contribute to the
improvement of the standard of living. So, they do not
only help the economy, they also help society.
These are several definitions of entrepreneur:
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4. • is one who takes risks and makes
innovations on the factors of production.
• an entrepreneur is an adventurer,
undertaker, and projector.
• an entrepreneur always searches for
change, responds to it and exploits it as an
opportunity.
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5. • is one who shifts economic resources from
an area of lower productivity to an area of
higher productivity and greater yield.
• are people who have the ability to see and
evaluate business opportunities.
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6. Threat
– Find a way to avoid
the risk
– Find a way to transfer
to anther party
– Find a wat to mitigate
the risk reducing
Probability or
Severness
– Exploit
– Share with anther
party
– Enhance by
increasing the effect
or the probability
RISK = …….?6
Opportunity
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7. Safe is the new “Risky”.
If you don’t risk
anything, you risk even
more.
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11. Here are the essential leadership qualities:
1. COURAGE
2. CONFIDENCE
3. CONCENTRATION
4. PASSION
5. A Strong Sense of VALUES
Entrepreneurs are leaders by the very nature of
their functions
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14. Entrepreneurs are positive thinkers.
They think of success and bright sides.
14 Not a Blood Group, Neither a Grade
in classes. But it’s…
…Be Positive
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16. Implementing the solution/decision.
Selecting the best solution
Formulating alternative solutions
Analyzing the data
Gathering the data about the problem
Identifying the problem
Decision-making
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17. Don’t read success stories, You willget onlymessage…
Read failure stories, Youwill get some ideasto get
success…!!!
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