Entrepreneurship - A Blueprint for Success!
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Transcript of Entrepreneurship - A Blueprint for Success!
#NAFNext2014
Kim Pickering, Extension Educator for EntrepreneurshipUniversity of Nebraska - Lincoln
Entrepreneurship: A Blueprint for Success!
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• Introduction• What is entrepreneurship?• Why is entrepreneurship
important?• Activities• Resources
Overview for today:
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• Anyone who creates and starts a business venture, especially those that can focus on innovation.
• It is the engine driving our economy.• It is NOT management.• Entrepreneurs must constantly
respond to the changing environment.
What is entrepreneurship?
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“Entrepreneurship = Opportunity + the Discovery Process. It is the process of searching for the intersection of our talent, interests, abilities and needs of our fellow human beings.”
“We cannot solve our problems with the same thinking we used when we created them.”
Albert Einstein
What is entrepreneurship?
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It begins with a mindset. A mindset that:• Exposes opportunities and ignites ambition• Requires curiosity and creativity, willingness to
experiment, and try new things• Requires communication, collaboration and
ability to solve real world problems• Can empower anyone regardless of their
circumstances, interests or chosen field• EVERY student needs this!
-The Ice House Entrepreneurship Program
What is entrepreneurship?
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Aspen Institute – Youth Entrepreneurship Strategy Group• 7,000 high school students dropout daily• 1 in every 2 minority students fail to graduate• For every dropout, our nation loses $1 million in
wages• Youth entrepreneurship is at the heart of the
American dream• Youth feel more connected to school when they
participate in entrepreneurship programs
Why is entrepreneurship important?
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• Youth employment is at a 60-year low• 23% of youth surveyed said they
started a business because of ing able to find a job.
• In 2011, 83% of youth surveyed said entrepreneurship education is important.
-The Gallup Organization
Why is entrepreneurship important?
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Benefits:• Work• Freedom• Confidence• Recognition• Achievement• Happiness• Money• Balance• Growth• Respect
• Satisfaction• Knowledge• Independence• Flexibility• Providing• Quality of Life• Employment• Creative• Networking
Why is entrepreneurship important?
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• Creates jobs• Innovation• Solutions for problems or needs in
society• Make a sector so our country can
survive in the competitive world.
Why is entrepreneurship important?
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• Positive impact on dropout rates and community engagement, and development of risk-taking and opportunity for recognition
• Helps develop leadership skills and innovative thinking
• Places that grow more entrepreneurs have stronger economic growth.
Why is entrepreneurship important?
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• 43% of youth want to start their own business
• Only 59% said their school offers any classes on entrepreneurship
• Gallup Hope Survey – involves goal setting, and motivation to get there. Students with high hope are more likely to find solutions when obstacles get in their way.
Gallup Survey
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• A pitch where the entrepreneur must clearly and briefly describe their product or service, what it does and how it will benefit the customer.
• It is an important tool to quickly and clearly define a business idea to potential investors and customers.
Quick Pitch project:
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• What is the problem your product/service can solve?• What is your solution for that
problem?• Who is your target market? Who is
your competition?• Why are you the best person for
the job?
Quick Pitch components:
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BAG ACTIVITY
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WHATCHAMACALLIT ACTIVITY
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Dream, Design Deliver:A 3-D Blueprint for Innovation and EntrepreneurshipCurriculum Materials
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• Eship.unl.edu• Huskerpreneur.com• Facebook.com/unleship• Twitter.com/unleship• Youtube.com/unleship• Pinterest.com/unexted/unl-
extension- social-media-for-entrepreneurs/
Additional Resources
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• Dane Carlson Blog• Ted.com• Kauffman Foundation• Rule of Thumb for Business
Additional Resources
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www.video.foxnews.com/v/2473423772001/
http://www.ellentv.com/videos/0-wkeytyp1/
Additional Resources
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Kim Pickering, UNL Extentsion• 4-H Youth Development• 114 Ag Hall• Lincoln NE 68583-0700• 402-472-9198• [email protected]
Contact Information
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