Entrepreneurship Overview

Passion = Characteristics of successful Entrepreneurs Focus = Characteristics of successful Entrepreneurs Tenacity = Characteristics of successful Entrepreneurs Intelligence = Characteristics of successful Entrepreneurs

Be their own boss = Why become an Entrepreneur? Pursue their own ideas = Why become an Entrepreneur? Pursue financial rewards = Why become an Entrepreneur? Avoids taking risks = Businessman

Businessman = Starts a business from an existing idea Traditional Entrepreneur = An individual who creates a new business bearing most of the risk and enjoying most of the rewards Revolutionary = Traditional Entrepreneur Starts a business from a unique and innovative idea = Traditional Entrepreneur

<p>Produces more jobs that equate to an increase in national income. = Societal and Economic benefits of Entrepreneurship Introduces new and innovative products and services = Societal and Economic benefits of Entrepreneurship Improves people’s living standards = Societal and Economic benefits of Entrepreneurship Profit oriented = Businessman</p> Signup and view all the answers

<p>Act of creating a business or businesses while building and scaling it to generate a profit. = Entrepreneurship Identify unmet needs in the marketplace then produces products to meet those needs. = Who is an entrepreneur? Building a life on your own terms. = Entrepreneurship Amplifies economic activities of different sectors of the society = Societal and Economic benefits of Entrepreneurship</p> Signup and view all the answers

<p>Tony Tan Caktiong = Famous Entrepreneurs in the Philippines Henry Sy = Famous Entrepreneurs in the Philippines Mark Zuckerberg = Famous Entrepreneurs in the Philippines Elon Musk = Famous Entrepreneurs in the Philippines</p> Signup and view all the answers