Entrepreneurship Flashcards
Name some entrepreneurs
Gordon Butch Stewart
Jukie Chin
Joan Duncan
Steve Jobs
Jeff Bezos
John Issa
Joseph Matalon
Mark Zuckerberg
Who is an entrepreneur?
an individual who undertakes a risk by investing money, time & energy in the building of a business with the aim of making a profit.
What are some characteristics of entrepreneurs?
1) they are visionaries
2) they are risk takers
3) they are passionate
4) they are hardworking
5) they are sold on being successful
6) they are driven by self assuredness or self confidence
7) they are innovative/creative
8) they are not afraid of failure
9) they are highly motivated
10) they are knowledgeable about the market
11) they are focused on their vision
Define entrepreneurship
the act of organizing resources and acceptance of risk and uncertainty for the purpose of capitalizing on opportunities with the aim of achieving profit
Who is an Intrapreneur?
a person who starts a business in his/her field of specialization
Name four other ways that entrepreneurs can access money apart from using their own savings.
1) Borrowing from family & friends
2) Attracting foreign investors
3) Acquiring partners
4) Financial institutions
