PowerPoint Presentation

Section 2.2
 Pages 23-31
2.2
What Does It Take To Be
An Entrepreneur?
What you’ll learn
 The
background of
entrepreneurs
 What characteristics are
found in most entrepreneurs
2.2
What Does It Take To Be
An Entrepreneur?
What you’ll learn
 What
skills are needed by
entrepreneurs
 How to strengthen your
entrepreneurial
characteristics
 How to develop your
entrepreneurial skills
2.2
What Does It Take To Be
An Entrepreneur?
Why it’s important
 You
need to develop the
characteristics and skills that
are helpful to entrepreneurs.
2.2
What Does It Take To Be
An Entrepreneur?
Key Terms
role model
foundational skills
Internet
profile
2.2
What Does It Take To Be
An Entrepreneur?
I. BACKGROUND
A. Entrepreneurs include a
wide span of ages,
educational backgrounds,
and personal histories.
2.2
What Does It Take To Be
An Entrepreneur?
B. Many entrepreneurs were
influenced in life by a role
model, a person whose
attitude and achievements
they tried to emulate.
2.2
What Does It Take To Be
An Entrepreneur?
II. CHARACTERISTICS
It takes certain trait and
qualities to set up and run a
business.
A. Persistence
B. Creativity
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What Does It Take To Be
An Entrepreneur?
C. Responsibility
D. Inquisitiveness
E. Goal-oriented
F. Independence
G. Self-demanding
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What Does It Take To Be
An Entrepreneur?
H. Self-confidence
I. Risk-taking
J. Restlessness
K. Action-oriented
L. Enthusiasm
2.2
What Does It Take To Be
An Entrepreneur?
III. SKILLS
A. Foundational skills are math,
communication, and decisionmaking skills that
entrepreneurs use regularly
in setting up and running a
business.
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What Does It Take To Be
An Entrepreneur?
B. Research has identified
certain skills needed by
entrepreneurs.
1. Communication skills
2. Human relation skills
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What Does It Take To Be
An Entrepreneur?
3. Math skills
4. Problem-solving and
decision-making skills
5. Technical skills
6. Basic business skills
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What Does It Take To Be
An Entrepreneur?
C. One valuable research tool
for entrepreneurs is the
Internet, a large computer
network linking smaller
computer networks
worldwide.
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What Does It Take To Be
An Entrepreneur?
IV. BUILDING YOUR
ENTREPRENEURIAL
BACKGROUND
Entrepreneurial
characteristics can be
cultivated.
2.2
What Does It Take To Be
An Entrepreneur?
Discussion Starter
Discuss: Successful
people see failures as
stepping stones;
unsuccessful people see
failures as road blocks.
2.2
What Does It Take To Be
An Entrepreneur?
V. DON’T WORRY ABOUT
YOUR BACKGROUND
A. Sharing background profile
experiences with typical
entrepreneurs increases the
likelihood of one’s having a
business.
2.2
What Does It Take To Be
An Entrepreneur?
B. A profile is a set of
characteristics or qualities
that identifies a type, or a
category of person.
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What Does It Take To Be
An Entrepreneur?
C. A can-do attitude and a
genuine desire to go into
business for one's self is far
more important than having
a certain profile.
2.2
What Does It Take To Be
An Entrepreneur?
VI. STRENGTHENING
ENTREPRENEURIAL
CHARACTERISTICS
2.2
What Does It Take To Be
An Entrepreneur?
A. With commitment and work,
characteristics can be
strengthened and developed.
2.2
What Does It Take To Be
An Entrepreneur?
B. Entrepreneurial
characteristics can be
strengthened through certain
activities.
2.2
What Does It Take To Be
An Entrepreneur?
1.
2.
3.
4.
Reading
Writing
Watching
Practicing
2.2
What Does It Take To Be
An Entrepreneur?
VII. THREE STEPS TO
FOLLOW
A. Determine the strength of
your entrepreneurial
characteristics.
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What Does It Take To Be
An Entrepreneur?
Gauging your strengths can help you plan for success.
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What Does It Take To Be
An Entrepreneur?
B. Make a conscious effort to
think of entrepreneurial
characteristics as habits to
be changed.
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What Does It Take To Be
An Entrepreneur?
C. Develop the characteristics
in which you feel weak.
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What Does It Take To Be
An Entrepreneur?
D. One's need for
achievement can be
increased through certain
activities.
2.2
What Does It Take To Be
An Entrepreneur?
1. Think like an achiever.
2. Use the language of
achievement.
3. Plan for achievement.
4. Act positive.
2.2
What Does It Take To Be
An Entrepreneur?
Math Problem
If 8,400 businesses start
each week, how many
will start in a year? If 1
in 4 fail, how may
remain open?
2.2
What Does It Take To Be
An Entrepreneur?
VIII. DEVELOPING YOUR
ENTREPRENEURIAL
SKILLS
Entrepreneurs must develop
as much competence as
necessary to set up and run a
successful operation.
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What Does It Take To Be
An Entrepreneur?
End of Section 2.2