Scribd Logo
Upload

Welcome to Scribd!

  • 32 views

    ENTREPRENEUR (Christine G.)

    Uploaded by

    Jeanette Formentera
    An entrepreneur is defined as someone who organizes, manages, and assumes the risk of a business venture. Key traits of successful entrepreneurs include ideas, business skills, assuming risks for potential profits. Entrepreneurs exhibit traits like self-motivation, perseverance, courage, confidence and vision. They perceive opportunities, take risks, organize resources, introduce innovations, and make decisions to sell products for a profit. Entrepreneurs can work within existing organizations, independently, or build large companies through hiring and delegation. Different categories of entrepreneurs include corporate entrepreneurs, solo self-employed individuals, dealers, team builders, and those who exploit economies of scale.

    Copyright:

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

    ENTREPRENEUR (Christine G.)

    Uploaded by

    Jeanette Formentera
    32 views10 pages
    An entrepreneur is defined as someone who organizes, manages, and assumes the risk of a business venture. Key traits of successful entrepreneurs include ideas, business skills, assuming risks for potential profits. Entrepreneurs exhibit traits like self-motivation, perseverance, courage, confidence and vision. They perceive opportunities, take risks, organize resources, introduce innovations, and make decisions to sell products for a profit. Entrepreneurs can work within existing organizations, independently, or build large companies through hiring and delegation. Different categories of entrepreneurs include corporate entrepreneurs, solo self-employed individuals, dealers, team builders, and those who exploit economies of scale.

    Copyright

    © © All Rights Reserved

    Available Formats

    PPTX, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    An entrepreneur is defined as someone who organizes, manages, and assumes the risk of a business venture. Key traits of successful entrepreneurs include ideas, business skills, assuming risks for potential profits. Entrepreneurs exhibit traits like self-motivation, perseverance, courage, confidence and vision. They perceive opportunities, take risks, organize resources, introduce innovations, and make decisions to sell products for a profit. Entrepreneurs can work within existing organizations, independently, or build large companies through hiring and delegation. Different categories of entrepreneurs include corporate entrepreneurs, solo self-employed individuals, dealers, team builders, and those who exploit economies of scale.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    32 views10 pages

    ENTREPRENEUR (Christine G.)

    Uploaded by

    Jeanette Formentera
    An entrepreneur is defined as someone who organizes, manages, and assumes the risk of a business venture. Key traits of successful entrepreneurs include ideas, business skills, assuming risks for potential profits. Entrepreneurs exhibit traits like self-motivation, perseverance, courage, confidence and vision. They perceive opportunities, take risks, organize resources, introduce innovations, and make decisions to sell products for a profit. Entrepreneurs can work within existing organizations, independently, or build large companies through hiring and delegation. Different categories of entrepreneurs include corporate entrepreneurs, solo self-employed individuals, dealers, team builders, and those who exploit economies of scale.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    of 10

    WHAT IS AN

    ENTREPRENEUR?
    ENTREPRENEUR
    “innovate”
    it is referred to people who were considered
    “inventors”.
    Webster
    defines it as “ one organizes, manages, assumes the
    risk of a business or an enterprise.
    key terms associated in defining who an entrepreneur really is

    Ideas
    Business skills
    Assumes Risk
    Profit
    IMPORTANT ENTREPRENEURIAL TRAITS
    Self-Awareness Perseverance
    Self-Motivation Drive Total commitment
    Courage Maturity
    Confidence Integrity
    Patience Risk-taking
    Decisiveness Hardwork
    Experience Vision
    Knowledge Resourcefulness
    Creativity Emotional balance
    Innovation Optimism
    Roles and Categories of an Entrepreneur
    Perceives opportunities in the environment
    Take Risks
    Mobilizes capital
    Introduces innovations
    Organizes labor and production
    Makes decision
    Plans ahead
    Sells his products at a profit
    Entrepreneurs may be categorized into the
    following:
    Entrepreneur
    He is an entrepreneur within an existing
    organization, referred to as the corporate entrepreneur.

    Solo Self-Emloyed Individual


    Includes all agents, repairmen, brokers, accountants,
    and physicians who operate alone or with only few
    employees and perform work personally

    Dealers to Dealers
    Include highly knowledgeable businessmen engaged
    in various forms of trades frequently, directly or
    indirectly related to their line of work.
    Team builders
    Individuals who go on buildings larger companies using
    hiring and delegation.

    Independent Innovators
    Include persons who hit upon ideas for better products
    or services and then create companies to develop,
    produce and sell these products.

    Partner Multipliers
    Entrepreneurs who spot an effective business patterns
    quite possibly originated by someone else, and multiply
    it to realize profits.
    Economy of Scale Exploiters
    Entrepreneurs who locate their business in lower rent
    and tax areas
    Capital Aggregators
    Smart Entrepreneurs who use their experience and
    expertise in pooling a group of financiers to engage in a
    business.
    Acquirers
    Entrepreneurs who acquire businesses
    Independent Investors
    They include pure inventors who really developed their
    own product or invention and take care of marketing
    them.

    Buy and Sell Artists


    They include wise guys referred to as corporate raiders
    and brokers who turn around, sell and liquidate.

    Other categories of Entrepreneur


    Immigrant Entrepreneurs, Corporate Castoffs,
    Corpreneurs, Cyber Entrepreneurs, Part time
    Entrepreneurs, Home-based Business Owners.

    You might also like