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Founder of Amazon
Jeff Bezos
List two reasons why people become entrepreneurs (benefits)
Own boss/Independence. Variety of work. Increased income/wealth. Control. Personal satisfaction. Enterprising culture. Unemployed
List two risks of becoming a entrepreneur
Financial risk/lose of money, Pressure on health and wellbeing. Confidence & reputation.Competition
Improved standard of living and improved services are
Benefits of entrepreneurial activities/actions to society
List two skills of an entrepreneur
Planning Time Management Communication Interpersonal/People Skills, Market Knowledge, Problem Solving, Multitasking ,Delegation
List two characteristics of an entrepreneur
Creative/Innovative, Confidence, Risk – Taker, Hard-working ,Ambitious, Initiative, Responsible, Resourceful, Determined
Managing your time effectively is what skill?
Time Management
What is the biggest challenge to Entrepreneurs at the moment?
Uncertainty/Covid-19 threat to their business.
What are the three types of enterprise
Social, Financial and Cultural
Helen Nolan founder of Spraoi agus SpĂłrt is a
Social Entrepreneur
_________________how goods and services are produced, sold and bought in a country or region
Economy
The ability to deal with people and get the best from them
Communication or Interpersonal Skills
An entrepreneur who does not wait for others to do things. Is know as being
Proactive or Showing Initiative
List two reasons why do people become entrepreneurs
Own boss, variety of work, increased profits, personal satisfaction, enterprising culture and unemployment
Health problems and wellbeing are ______________ of being an entrepreneur
Risks
Entrepreneur is central to the success of their business by (list one example)
Driving force, high energy, passion, motivation of employees, introduction of new ideas keeps business competitive.
The act of turning opportunities and ideas into value for an organization, the economy and society
Entrepreneurship
An enterprising person who displays entrepreneur-like qualities while workings as employee within an organization
Intrapreneur
Henry Ford is known for?
Inventing the Model T in 1908. The first affordable mass produced car, which made car travel available to many.
How may the idea for a new business begin?
A completely new product of idea. Identifying a product or service that is currently not being offered in the area/ offered at a lower price
Someone that haves or shows a strong desire and determination to succeed.
Ambitious
Define entrepreneur
Someone who takes the personal and financial risk to set up their own business in the hope of making a profit.
Ryanair's Chief Executive Officer
Michael O'Leary
A successful entrepreneur will always be aware of their
Strengths & Limitations (Weaknesses)
Who is this?
Collision brothers, Patrick and John. Irish entrepreneurs and founders of Stripe and currently worth €9.6 billion each
Founder of microsoft
Bill Gates
An entrepreneur taking a personal an personal and financial risk in setting up a new business is known as?
Risk - Taking
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