Download - Entrepreneurship As A Career Option
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Entrepreneurship
As A Career Option
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Entrepreneur: Definition
One who organizes, manages, and assumes the risks of a business or enterprise.
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Entrepreneurship: The Verb
The undertaking of such an activity or activities.
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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
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?
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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.
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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?
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Entrepreneur Facts
55,000,000 jobs 500 employees 40% women owned
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Entrepreneur Facts
No 401K No Medical/Dental Benefits No days off No paid vacation
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The Alternative?
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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.
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Divergent & Convergent Thinking
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College Degree? Or Degreed thinker?
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Intelligence Matters
Evaluate your passion, question your motives, use your intelligence…and the intelligence of others.
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Do Work That Matters!
Purposeful Engagement
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Do Work That Matters!
The Scientific Purpose of Passion
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Choose Your Poison
Product or Service?
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Know This…
Business ideas are not
bu$ine$$ opportunities…
unless they solve problems.
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Achieve This…
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Entrepreneur Success Formula
1. Solve Problems
2. Fulfill Needs
3. Cater To Desires
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Learn
The 6 Steps to Solving Problems
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You CAN Be An Entrepreneur
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Thomas Edison
What problem did he solve?
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Walt Disney
What problem did he solve?
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Simon Cowell
What problem did he solve?
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Berry Gordy
What problem did he solve?
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Larry Page & Sergey Brin
What problem did they solve?
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Mark Zuckerberg
What problem did he solve?
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Tess Taylor
What problem did she solve?
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Dr. Dre
What problem did he solve?
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Ryan Blair?
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Ryan Blair?
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Entrepreneurs Fail Because…
1. Lack of funding
2. Mismanagement
3. Ineffective Marketing
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The Truth
Either you become an entrepreneur…
or you work for one.
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Conclusion
Entrepreneurshi
p As A Career
Option