CHAPTER 1: Introduction to entrepreneurship 1. Explain entrepreneurship and discuss its importance. 解释创业并讨论其重要性。 Entrepreneurship is the art of turning an idea into a business. Entrepreneurs assemble and then integrate all the resources needed – the money, the people, the business model, the strategy – to transform an invention or an idea into a viable business.创业首先是把创意变成一项业务的艺术，企业家组装然后整合所有需要的资源，金钱，人，商业模式，策略，将一个发明或者注意转换成可行的业务。创业是个人寻取机会的过程而不会考虑他们控制的资源。 2. Describe corporate entrepreneurship
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Entrepreneurs An Entrepreneur is a person who sets up a business or businesses, taking on financial risks in the hope of profit. An entrepreneur is motivated by a lot of things mainly being money and fame. However some also are motivated by ethic because it is what they believe is the right thing to do. Although many may think that money is the main motivation for entrepreneurs some entrepreneurs have said that they are more driven by personal achievement although money does give them that financial
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As with any venture, direction is a key of success. In becoming an entrepreneur, one must have a path for the business to follow, and that path will be your strategic plan. The strategic plan includes items such as the business plan, company summary for your business, market analysis, goals of your business and estimated financials. Entrepreneurs can’t really tell an exact amount for financing however, entrepreneurs should be prepared to defend their numbers when asked to do so. For most strategists
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Entrepreneurship As for entrepreneurship and entrepreneur, there neither is a legal framework in place as how to use them, nor is it defined as a legal term. Various authors and institutions tried to tackle that uncertainty by describing entrepreneurship, some of those illustrations are shown in the following paragraphs. Arcs, & Audretsch (2010: 2-5) provide the reader with an overview of multifarious definitions of entrepreneurship, which can be found in the scientific literature and which are
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The Internship Released in 2013 Staring Owen Wilson and Vince Vaughn Directed by Shaun Levy Ariel Sevitz Business Studies King David High School Linksfield The storyline The internship is about two middle-aged men who have been sales reps for most of their lives. When giving a sales pitch which had the potential to result in great fortunes, the two men, Nick and Billy, find out that their company is closing down. Nick and Billy have been selling various products for this company by travelling
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n°1 1-Who can be an entrepreneur? Definition Entrepreneurship does not choose who to consider as an entrepreneur. Like Roxanne Quimby and Burt Shavitz, any ordinary person can become an entrepreneur as long as they have bright ideas and opportunities that they can use into discovering things. An entrepreneur: * Sees an opportunity; * Makes plans; * Starts the business; * Manages the business; * Receives the profit. An entrepreneur is a person who is in
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risk taker? I have always been more on the cautious side, preferring to stand back, observe, listen and analyze a situation. I’ve always admired people who are not like me, people who are more daring, or willing to throw caution to the wind. An entrepreneur tends to bite off a little more than he can chew hoping he’ll quickly learn how to chew it. What challenges did he or she face and overcome? In 1982, Mark Cuban moved to Dallas, Texas Cuban first found work as a bartender, then as a salesperson
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out they are actually not hard to make (especially for those of us that are not craft inclined). They can be time consuming however. Undaunted, with a confidence in my ability to make it work and high level of energy, both characteristics of an entrepreneur I set out to purchase fabric, create a few blankets, and listed them on the Facebook San Luis Valley Yard sale forum. Within minutes I had people asking if I could make custom blankets to their choices of fabric and more of the ones I already
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Entrepreneurial Leadership Trenna Green Dr. Jean Fonkoua Business508 Contemporary Business October 28, 2013 This paper evaluates five published reported articles and the results are based on research organized from various resources including my personal analytical opinion about entrepreneurial leadership. Organizing a group of people to achieve a common goal using proactive behavior by optimizing risk, innovating to take advantage of opportunities when it presents itself, taking
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For this Entrepreneur Interview, I decided to go with John Gibson; he is a Co-worker of my husband that works at Camp Mabry, National Guard. He is also qualifies as an Entrepreneur. First question I asked, what type of person becomes this type of risk taker? He stated, short of a gambler he believes you cannot profit without risk. He is a firm believer in investing and growing money through stocks and dividend funds as well as diversifying into other business opportunities as they arise. Mr. Gibson
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