entrepreneurship as a career option

Entrepreneurship

As A Career Option

Entrepreneur: Definition

One who organizes, manages, and assumes the risks of a business or enterprise.

Entrepreneurship: The Verb

The undertaking of such an activity or activities.

10 Common Characteristics

1. Vision

2. Ability to create/increase value

3. Mastery Knowledge

4. Focus

5. Communication Skills

6. Networking Skills/Allies

7. Passion

8. 10 Thousand Hours

9. Confidence

10. Fortitude

?

Entrepreneur Facts

It’s not for everybody! 60% of all businesses ventures fail. Business owners have a higher rate

of marriage failure and stress, and stress related illnesses than employees.

75% of start-ups and new businesses secure financing through the “informal investing grapevine.

Entrepreneur Influences

Circumstances (recently laid off or fired?

Can’t find a job to match interests/skill set)

Lack of opportunities (employment, greater pay, utilization of talent, respect, flexibility, etc.)

Desire for greater control? More responsibility? Lifestyle?

Entrepreneur Facts

55,000,000 jobs 500 employees 40% women owned

Entrepreneur Facts

No 401K No Medical/Dental Benefits No days off No paid vacation

The Alternative?

Free Yourself!

Your skills, talents, and education provide you with many of the tools you need to establish your own business. All you need is courage.

Divergent & Convergent Thinking

College Degree? Or Degreed thinker?

Intelligence Matters

Evaluate your passion, question your motives, use your intelligence…and the intelligence of others.

Do Work That Matters!

Purposeful Engagement

Do Work That Matters!

The Scientific Purpose of Passion

Choose Your Poison

Product or Service?

Know This…

Business ideas are not

bu$ine$$ opportunities…

unless they solve problems.

Achieve This…

Entrepreneur Success Formula

1. Solve Problems

2. Fulfill Needs

3. Cater To Desires

Learn

The 6 Steps to Solving Problems

You CAN Be An Entrepreneur

Thomas Edison

What problem did he solve? 

Walt Disney

What problem did he solve? 

Simon Cowell

What problem did he solve? 

Berry Gordy

What problem did he solve? 

Larry Page & Sergey Brin

What problem did they solve? 

Mark Zuckerberg

What problem did he solve? 

Tess Taylor

What problem did she solve? 

Dr. Dre

What problem did he solve? 

Ryan Blair?

Ryan Blair?

Entrepreneurs Fail Because…

1. Lack of funding

2. Mismanagement

3. Ineffective Marketing

The Truth

Either you become an entrepreneur…

or you work for one.

Conclusion

Entrepreneurshi

p As A Career

Option