Is Entrepreneurship Right For You?
Is Entrepreneurship Right For You?
Goals:
Characteristics of Successful Entrepreneurs:
Good Team Members:
Characteristics of Good Team Members:
Are You Right for Entrepreneurship?
Assess Your Interests:
Assess the Advantages of Entrepreneurship:
Assess the Disadvantages of Entrepreneurship:
Goals:
- Identify the characteristics of successful entrepreneurs
- Identify the characteristics of good team members
- Assess whether you have what it takes to succeed in your own business
Characteristics of Successful Entrepreneurs:
- What Characteristics do Entrepreneurs Possess?
- Successful entrepreneurs are:
- independent
- self-confident
- determined
- goal-oriented
- achievement-oriented with high standards
- creative
- able to act quickly
- technologically current
Good Team Members:
- Entrepreneurs Recognize they need good relations with stakeholders
- What are Stakeholders?
- Stakeholders: a person, group, organization, member or system who affects or can be affected by an organization's actions
- What are some examples of stakeholders?
- Student Contributions
- Stakeholders:
- Partners
- Investors
- Employees
- Suppliers
- Customers
- Creditors
Characteristics of Good Team Members:
- Good team members display the following traits:
- commitment
- competency
- communication
- cooperation
- creativity
Are You Right for Entrepreneurship?
- self-assessment - an evaluation of your strengths and weaknesses
- List your strengths and weaknesses
- Ask others of your strengths and weaknesses
- Take professional tests to assess your abilities
Assess Your Interests:
- choose a field that
- interests you
- you will enjoy
- center your business around your interests or hobby
- Analyze experience with past employment
Assess the Advantages of Entrepreneurship:
- Entrepreneurs
- are their own bosses
- can choose a business that interests them
- can be creative
- can make large sums of money
Assess the Disadvantages of Entrepreneurship:
- Disadvantages of entrepreneurship:
- risky – you absorb all the loss
- uncertain and irregular incomes
- long hours
- all decisions are made independently
Aamir Shahzad :-)
