What is an Entrepreneur?

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What is an Entrepreneur?. Jason. What is a entrepreneur?. A person who takes risk to start there on business . . Characteristics of an Entrepreneur . Creativity Make fast decisions Without any data Take risk Independent spirit. Steps to Starting a Business . Write a business plan - PowerPoint PPT Presentation

Transcript of What is an Entrepreneur?

What is an Entrepreneur?

JasonWhat is an Entrepreneur?

A person who takes risk to start there on business. What is a entrepreneur?

Creativity Make fast decisions Without any dataTake riskIndependent spiritCharacteristics of an Entrepreneur

Write a business planGet business assistance and trainingChoose business locationFinance your businessDetermine the legal structure of your businessRegister a business name Get a tax identification number Register for state and local taxes Obtain business license and permitsUnderstand employable responsible

Steps to Starting a Business

Employee-a person working for another person or a business firm for pay.Employer-A person that employs one or more people

What is difference in between an employee and an employer?

A entrepreneur will perceive an opportunity to locate resourcesEntrepreneur are more concerned with the launching and sustainable of a business Mangers are business management specialistEntrepreneurs are street smarts Freedom is there utmost priority What is the difference between a manager and a entrepreneur?

What do we sell?To whom do we sell?How to we beat the competition?Why plan?

Discover ,Dream, Design , and Destiny.Discover is were you find something newDream is something you do at night or dayDesign is were you make a pattern of your onDestiny is to innovate and actionThe Four Ds of success

Innovation is absolutely key to business success.Creativity is an important role in a business being successful

Innovation and Business Creation

( McDonalds restaurant)Henry Ford

At age 15 he lied about is age and order to join the red cross ambulance service on the front line of world war. He was sent to Connecticut for training where he met a trainee named Walt Disney. The war was over before he could go into service overseas . Kroc then returned back to Chicago.Red cross serviceHe looked for jobs from 1920 to 1930.In the 1940 he was exclusive distributor for the multi-mixer. Kroc decided to set up a chain of drive in restaurants. He agreed to pay the McDonald brothers. He opened his first McDonalds on April 15, 1955.Krocs McDonalds

He bought out the McDonald brothers in 1961 for 2.7 million. He established 288 restraints. His sales was 37 Million dollars. By the end of 1963 they have sold one billion dollars. He died in 1984.Bought out brothers

My entrepreneur was the buyer of McDonalds. He bought out the McDonalds brothers. At age 15 he joined the red cross ambulance driver for world war 1. After he got done with the red cross ambulance, the war was over. He went job hunting and become a multimixer . He went to chain of drivers for restraints. He bought MacDonald business from McDonalds brothers.Conclusion


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