EntrepreneurshipWhat is the importance?

Entrepre-What?Business - an organization that provides...

1. Services - something that a business does for a customer in exchange for money

2. Products - a physical, tangible item that a business sells to a customer

...in order to make money

Entrepreneur -

someone who creates

and runs their OWN

business

Risk vs RewardRisk - The chance of losing something.

Examples:

1. Money2. Time3. Energy4. Benefits

Reward - What entrepreneurs get in exchange for starting a business.

Examples:

1. Money2. Personal Satisfaction3. Independence

Risks1. Potential Business Failure

2. Unexpected Obstacles

3. Financial Insecurity

4. Long Hours and Hard Work

Rewards1. Making Your Own Rules

2. Doing Work You Enjoy

3. Creating Greater Wealth

4. Helping Your Community