List the three categories of entrepreneurs. 2. Once you have decided to go into business for yourself, there are three ways that you can acquire this business. List them. 3. What is the first step for starting a new business?
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- 1. Entrepreneurship, the concept has a huge meaning. When you hear the word, or when you think of an entrepreneur, what do you think of? 2. What do you think it takes to be a successful entrepreneur? What qualities must a person have (smart, serious, rich, etc.) to be an entrepreneur? What does it take for a person to be a successful business person? 3. If you were given one million dollars to start your own business, what are the steps you would take? What do you think you would need to start? What do you think you would need to continue to be successful? Think about how you would use one million dollars for a business idea and describe what you would do in 4-5 sentences. 4. Successful people often describe their relationships with mentors. If you could pick anyone to be your mentor in business, who would you pick and why? (It can be a celebrity, or a public figure) 5. A great business can find little success if no one knows about the company or product. What are some ways an…Name three traits of successful entrepreneurs and explain in detail why they are important qualities for an entrepreneur to possess. What is entrepreneurial ego? How can an entrepreneur keep entrepreneurial ego in check? Why do complex decisions often raise ethical considerations for the entrepreneur?Who are entrepreneurs? Do you know anyone who has their own business? What characteristics do they have? What about celebrity business owners? Who are some of the entrepreneurs you admire (famous, or not famous)?
- 1.What are the Advantage and Disadvantages becoming a business manager (Employed) rather than venturing in Entrepreneurship?Provide atleast 3 Each & explain each Advantage and Disadvantages. 2.What are the Advantages of invention of money in the field of Entrepreneurship( Provide atleast 3)?what is the impact/effect of invention of money to the modern day Entrepreneurship? 3.Explain why it is said that "Entrepreneurship is the life blood of ant economy?minimum of 100 words.DO YOU HAVE THE RIGHT STUFF TO BE AN ENTREPRENEUR? Instructions: Entrepreneurship isn't just about a good business idea. It's a matter of temperament. Some have it, some don't. Do you? Test yourself. And be honest; there are no "right" answers. If you had what you thought was a good idea for a start-up, how would you fi nance it? a. A loan. That's why banks exist. b. To hold down my exposure, I'd hit up friends and family. c. I'd take out a second mortgage on my house. d. I'd sell my house if it came to that.There several myths about entrepreneurs, including:- Entrepreneurs are born, not made. - Entrepreneurs are gamblers. - Money is the key to entrepreneurial success. - You have to be young to be an entrepreneur- You have to have a degree in business to be an entrepreneur. Describe your perceptions about any entrepreneurs in relation to the above myths. Are the myths true or false? Why or why not?
- 1) What can you learned about entrepreneurship and owning your own business? 2) what skills do you think a successful entrepreneurship should have? 3) what are the pros and cons of owning your own business? 4) how can both market and management factors affect the growth of a new venture?1.What were some of the key customer, technology, and market trends that drove entrepreneurship during the last decade? What factors do you predict will drive entrepreneurial challenges in the next decade? 2. As a customer, list down all your dissatisfaction when you buy something from the store, go to the spa, transact with a bank, etc. What could be done to minimize your dissatisfaction?1. Does someone need to start a business from scratch to be called an entrepreneur? 2. Can we call someone an entrepreneur if they bought an ongoing business from someone else or took over the operations of a family business from their parents? 3. If someone starts a small business and never needs to hire employees, can they be called an entrepreneur?
- Read “How we Make Entrepreneurs”. How does the author view entrepreneurs like Steve Jobs? What virtues does he ascribe to them and how are they often good role models for business people? Do you agree or disagree with his assessment?Answer the following question, giving explanations and examples.1. It describes the internal and external business plan. What are thetypes of entrepreneurial business plans? How does an enterprise geta successful business plan?Are there any similarities between the characteristics demanded of an entrepreneur and those of a professional athlete? Would an athlete be a good prospect for entrepreneurship? Why or why not? Could teamwork be important in an entrepreneurial effort? Why or why not?