Introduction to Entrepreneurship & Small Business Operations

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This is someone who takes the initiative to start and operate a new business.

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Entrepreneur

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This a process that requires hard work, perseverance, and the willingness to assume some degree of risk.

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Entrepreneurship

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Pursuing their passions, developing an idea into a business, creating wealth for themselves, and providing jobs for other people, allows entrepreneurs to increase their:

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personal satisfaction

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Entrepreneurs often start their business while working for another company, this allows them:

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to increase their income.

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Entrepreneurs do not receive a regular paycheck. This means that entrepreneurs:

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have an uncertain income

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Entrepreneurs will work very long hours – often 7 days a week. This means that:

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personal interests will often take a backseat to the business.

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To be successful, the entrepreneur must: focus on serving the needs and wants of customers.

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focus on serving the needs and wants of customers.

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Because of entrepreneurs, we have:

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an abundance of goods and services from which to choose.

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Who is the entrepreneur behind SpaceX and Tesla Motors with the goal to change the world and improve humanity?

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Elon Musk

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Anyone can be an entrepreneur and: you can begin at any age.

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you can begin at any age.