as business studies enterprise

AS BusinessEnterprise

Have you bought your book yet?

Deadline: Friday 13th September

So, you want to set up your own business?

What do we call you?

http://www.google.co.uk/url?sa=i&rct=j&q=&esrc=s&frm=1&source=images&cd=&cad=rja&docid=nxK2vaOEDUiGYM&tbnid=mEKs0ZdpBRun4M:&ved=0CAUQjRw&url=http://www.linkedin.com/today/post/article/20130812151125-204068115-the-misconceptions-of-entrepreneurship&ei=sWovUp6uN6fW0gW2oIGwCg&bvm=bv.51773540,d.d2k&psig=AFQjCNG9w4IkRoBKylGF5sgUoMTvF23RlA&ust=1378925560262091

Objectives• Understand what

enterprise is and what an entrepreneur does

• Analyse the qualities and motives of entrepreneurs

How many entrepreneurs can you name?

http://www.askmen.com/galleries/men/richard-branson/picture-1.html

What is an entrepreneur? What is enterprise?

• Enterprise: the ability to handle uncertainty and deal with change effectively

• Entrepreneur: someone who starts and runs a business and has responsibility for the risks involved.




http://www.google.co.uk/url?sa=i&rct=j&q=&esrc=s&frm=1&source=images&cd=&cad=rja&docid=BnyafJJRIyQsdM&tbnid=TWIm23Pal5yO_M:&ved=0CAUQjRw&url=http://en.wikipedia.org/wiki/File:Green_tick.png&ei=w2svUpWZFKGf0QWU3YCwDg&bvm=bv.51773540,d.d2k&psig=AFQjCNE4_yDSxAJmDa5_WonKjHMVLrqJhw&ust=1378925866491757

Draw an entrepreneur!

Now list all of the qualities you think you need to be an entrepreneur!

http://www.google.co.uk/url?sa=i&source=images&cd=&cad=rja&docid=vWuBPDuapzqh9M&tbnid=BZxZsrdhxN8ukM:&ved=0CAgQjRwwAA&url=http://en.wikipedia.org/wiki/Stick_figure&ei=U2gvUuvDL8_s0gW5vIDoDg&psig=AFQjCNER-Pk1NWGhd3Paazl_LwMIxyg1LA&ust=1378925011835023

Qualities you need to be an entrepreneur

DriveHonestyAmbition

DedicationResilienceCreative

Understand the numbers

http://www.google.co.uk/url?sa=i&source=images&cd=&cad=rja&docid=vWuBPDuapzqh9M&tbnid=BZxZsrdhxN8ukM:&ved=0CAgQjRwwAA&url=http://en.wikipedia.org/wiki/Stick_figure&ei=U2gvUuvDL8_s0gW5vIDoDg&psig=AFQjCNER-Pk1NWGhd3Paazl_LwMIxyg1LA&ust=1378925011835023

What about attitude to

https://www.google.co.uk/imgres?imgurl&imgrefurl=http://depositphotos.com/6244482/stock-photo-Risk-sign.html&h=0&w=0&sz=1&tbnid=VqHMLk99gHtUiM&tbnh=183&tbnw=276&zoom=1&docid=gG9Lb1x9DLyawM&ei=DmwvUquNC8iw0wW8rYG4BA&ved=0CAEQsCU

People who aren’t entrepreneurs

Bad entrepreneurs Good entrepreneurs

Are very cautious – never want to take any risks

Ignore risks – assume their own charisma/skill will guarantee success

Take calculated risks, weighing up the potential risks and rewards

Assume that things are the way they have to be

Rush to bring in something new or make huge changes

Launch new ideas in response to changing consumer tastes or attitudes

Like to be sure of next month’s pay cheque – and the one after … until retirement!

Trust that things will go as planned, spend freely at the start as they are sure the cash will start flowing tomorrow

Accept that the early days of a new business may be very tough, so try to spend as little as possible

Plenary

Do you think that real entrepreneurs are born (i.e they

have the right skills, self-confidence and

attitudes from birth) or made (i.e anyone can learn

the skills)?

http://www.google.co.uk/url?sa=i&rct=j&q=&esrc=s&frm=1&source=images&cd=&cad=rja&docid=BT0Ax-xrEJX4BM&tbnid=8alhzgazBIeTUM:&ved=0CAUQjRw&url=http://www.youngupstarts.com/2010/05/20/steve-welch-says-we-are-all-born-entrepreneurs/&ei=c2svUp31NYLS0QXx54CgDw&bvm=bv.51773540,d.d2k&psig=AFQjCNH5rn9Ibr9vvZL-OSnC1FLoziDl4g&ust=1378925800636499

http://www.google.co.uk/url?sa=i&rct=j&q=&esrc=s&frm=1&source=images&cd=&cad=rja&docid=BT0Ax-xrEJX4BM&tbnid=8alhzgazBIeTUM:&ved=0CAUQjRw&url=http://www.dpdirectory.com/glossary-entrepreneur.htm&ei=jGsvUp2xCo6o0wWOxIEY&bvm=bv.51773540,d.d2k&psig=AFQjCNH5rn9Ibr9vvZL-OSnC1FLoziDl4g&ust=1378925800636499

Have you bought your book yet?