Entrep

Cards (142)

  • Entrepreneurship – a dynamic process of vision, change, and creation that requires an application of energy and passion towards the creation and implementation of new ideas and creative solutions.
  • The process of innovation and new venture creation is accomplished through Individual, Organization, Environment, and Process.
  • Entrepreneurs – they have shaped the face of business and enterprise since the dawn of man.
  • Neolithic – they have better system of transportation and invented the wheel.
  • Engineering cave man – the very first entrepreneur.
  •  Classical roman – entrepreneurs are present in all open-air markets and shops, they also expanded by selling foods and clothing to soldiers in military camps.
  • Golden age – entrepreneurs came in West in 1840s to find gold, they saw market potential on treasure hunters and diggers.
  • Utilitarian entrepreneur – turned up their business into “larger than life” corporations.
  • Tech-savvy entrepreneurs – they based their business on electricity.
  • Bill gates (1980s - 1990s) – any entrepreneur has a business card ended in ‘’.com.” Start-ups began navigation the internet.
  • Social media entrepreneurs – they thrive on connectivity and social media colloquialism.
  • Starts a business from an existing idea or concept
    Businessman
  • Traditional, stays safe, and profit oriented.
    Businessman
  • Hire people to increase business productivity.
    Businessman
  • A market player.
    Businessman
  • Starts a business from his own unique idea or concept.
    Entrepreneur
  • Innovative and revolutionary, risk taker and accountable, and people oriented.
    Entrepreneur
  • Hire people to give them productivity
    Entrepreneur
  • A market leader.
    Entrepreneur
  • You need to be able to push yourself. You aren't answerable to anyone else as an entrepreneur, and that sometimes means that it's hard to get moving without anyone to make you.
    Self-motivation
  • Understanding calculated risks that are more likely to pay off is an important part of being an entrepreneur. You'll need to be willing to take a few risks to succeed.
    Risk tolerance
  • Be willing to change as needed. Stay on top of your industry and be ready to adopt changes in processes and product as they are needed.
    Flexibility
  • Passion is what will help you find motivation when you are discouraged, and it will drive your forward. Passion is fuel for successful entrepreneurship.

    Passion
  • Understand how money works so that you know where you stand, and so that you run your business on sound principles.
    Management skills and knowledge
  • Their vision acts like a compass that points them in the direction of opportunities.
    Vision
  • They have to be confident both in themselves and in the products or services they sell. If they believe in themselves, they will have the ability to stay the course regardless difficulties or discouragement.
    Confidence
  • Personality - refers to the pattern of characteristics that distinguishes one person from another. It includes the person's traits, values, motives, genetic blueprints, attitudes, emotional reactivity, abilities, self-image, intelligence, and visible behavior patterns.
  • This individual prefers activities involving aggressive behavior and physical exertion requiring skill, strength, and coordination.
    Realistic
  • This individual prefers to be analytical, curious, methodical, and precise.
    Investigative
  • This person is expressive, non-conforming, original and introspective.
    Artistic
  • This person enjoys working with and helping others and purposefully avoids systematic activities involving tools and machinery.
    Social
  • This person enjoys verbal activities to influence others and to attain power and status.
    Enterprising
  • This person enjoys the systematic manipulation of data, filing of records, or reproducing materials.
    Conventional
  • Social - they see themselves as energetic, ambitious, and sociable.
  • Social - sees self as helpful, friendly, and trustworthy.
  • Investigative - they are precise, scientific, and intellectual.
  • Realistic - sees self as expressive, original, and independent.
  • Enterprising - good at leading people and selling things or ideas.
  • Artistic - sees self as orderly, and good at following a set plan.
  • Investigative - generally avoids highly ordered or repetitive activities.