Entrepreneurship in Business
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Transcript of Entrepreneurship in Business
Entrepreneurs
www.business.govt.nz
What is an Entrepreneur?
An Entrepreneur…
… takes on the risk of starting their own enterprise or investing in other start-ups.
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Successful entrepreneurs are known for…
… Finding innovation and market gaps for new products and services.
What is an Entrepreneur?
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Entrepreneur – Origin of the term
ENTREPRENDRE (19TH C. FRENCH WORD):
means ‘somebody who undertakes’.
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An entrepreneur is someone “who sets up a business or businesses, taking on financial risks in the hope of profit”.
(Oxford Dictionaries definition)
Definition of an Entrepreneur
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Entrepreneurs and Risk
Entrepreneurs are often stereotyped as high-stakes gamblers….
… but successful entrepreneurs only take calculated risks.
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Entrepreneurial Traits
• Persistence• Self-esteem• Discipline• Resourcefulness• Being streetwise• Passion
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Entrepreneurs and Angel Investors
‘Entrepreneurs’ chiefly describes people starting their own business.
Angel investors only invest their capital in other people’s start-up businesses.
Well-known Entrepreneurs include…
NEW ZEALAND Sam Morgan (TradeMe), AJ Hackett (bungee jumping), Karen Walker (fashion designer)
INTERNATIONAL Richard Branson (Virgin empire), Steve Jobs (Apple and Pixar), Thomas Edison (General Electric)
Find Out More
Facebook.com/business.govt.nzTwitter.com/business_govtNZLinkedin.com/company/business-govt-nzSlideshare.net/MED-Business business.govt.nz