Entrepreneurship

Entrepreneurship

​Entrepreneur

​

• An individual who undertakes the risk associated with creating, organizing, and owning a business.

Multiple Select

Which of the following statements describe an entrepreneur? Check all that apply.

• commonly seen as an innovator, a source of new ideas, goods, services, and business/or procedures.

• play a key role in any economy, using the skills and initiative necessary to anticipate needs and bringing good new ideas to market.

• an individual who creates a new business, bearing most of the risks and enjoying most of the rewards

• a person who works for someone else

Multiple Choice

Entrepreneurship that proves to be successful in taking on the risks of creating a startup is rewarded with profits, fame, and continued growth opportunities.

• True

• False

Multiple Choice

Who can be an entrepreneur?

• Only the wealthy

• People with a college degree

• People over the age of

• Anyone

​Characterisitcs of Successful Entrepreneurs

• ​Persistent Creative​

• ​Responsibile ​Goal-Oriented

• ​Independent ​Risk Taker

• ​Self-confident Organized

• ​Strong Work Ethic Flexible

  Inquisitive Passionate

​Persistent

• Entrepreneurs work until a job is done. 

• They are determined to overcome problems and to pursue their goals in order to make their business successful. 

Multiple Choice

A person who is persistent gives up easily

• True

• False

​Creative

​Entrepreneurs are constantly looking for new ways to solve problems. 

​Responsible

​ An entrepreneur is accountable for his/her actions and does what is required. 

​Inquisitive

​Entrepreneurs are curious about things that may affect their business. They are not afraid to ask questions or to conduct research in order to solve problems.

Goal-Oriented​

​Entrepreneurs develop a plan of action and must make decisions to help achieve that plan. 

Multiple Choice

If I make a plan for my business to sell $1,000 of products each month and I place ads and sent emails to customers to market my products, I am being goal-oriented

• True

• False

Independent​

• Entrepreneurs want to make their own decisions.   

• They set their own schedules and are able to work without supervision.

​Self-Confident

​Entrepreneurs believe in themselves and know they can do what they set their mind to doing.

Multiple Choice

Bradley decides to open his own auto repair business. He sets his own hours and makes sure he completes each job for his customers on time. This shows that he is ________.

• creative

• inquisitive

• Independent

• risk taker

Multiple Choice

Ula is thinking about adding a product in her store. She sends an email to her customers asking if they would be interested in buying the product. She is being

• responsible

• inquisitive

• creative

• goal oriented

Multiple Choice

Jayda thinks of a new way to protect phone screens from cracking. This is an example of being?

• responsible

• inquixsitive

• creative

• goal oriented

​Skills Needed by Successful Entepreneurs

• ​Communication skills

• ​Interpersonal skills

• ​Math skills

• ​Problem-solving and decision making skills

• ​Basic business skills

Multiple Select

Skills needed by successful entrepreneurs: (check all that apply)

• Communication Skills

• Basic Business Skills

• Problem Solving Skills

• Science Skills

• Interpersonal skills

Multiple Choice

Devin decides to open a new restaurant in Warrenton. He has to invest his own money to start the business. He is showing that he is ________

• Respons

• a risk taker

• creative

• inquizitive