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E N T R E P R E N E U R S H I P. Standards. BCS-BE-9: The student demonstrates an understanding of the importance of developing and organizing a successful business plan.

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Presentation Transcript
standards
Standards
  • BCS-BE-9: The student demonstrates an understanding of the importance of developing and organizing a successful business plan.
  • BCS-BE-10: The student recognizes and demonstrates an understanding of the unique characteristics, traits and concepts of the successful entrepreneur.
  • BCS-BE-16: The student evaluates sole proprietorships as a form of business.
standards cont
Standards (CONT.)
  • BCS-BE-17: The student evaluates the different types of partnerships as a form of business.
  • BCS-BE-18: The student evaluates the different types of corporations as a form of business.
  • BCS-BE-19: The student chooses the most appropriate form of business ownership for any planned business.
  • BCS-BE-20: The student evaluates franchising as a form of business ownership
essential questions
Essential Questions
  • Why is it important to identify the characteristics of a successful entrepreneur?
  • What are the common characteristics of desirable entrepreneurial personality traits?
  • How would you identify your own personal traits that are typical characteristics of an entrepreneur?
  • Why do you feel that you would or would not make a successful entrepreneur?
what is an entrepreneur
What is an entrepreneur?
  • Definition: an entrepreneur is a person who launches and runs his or her own business.
what is entrepreneurship
What is entrepreneurship?
  • DEFINITION: The process of running a business of one’s own
let s chat
Let’s chat…
  • What do you think of when you hear the word entrepreneur?
  • Would you like to be an entrepreneur?
skills entrepreneurs need
Skills Entrepreneurs Need
  • Management Skills
    • Technical Skills
    • Conceptual Skills
    • Human Relations Skills
  • Communication Skills
  • Problem-solving Skills
advantages
Advantages
  • Being your own boss
  • Showing expertise and creativity at skills
  • Working from home
  • Gaining profit
  • Doing something you love
disadvantages
Disadvantages
  • Total responsibility for the business
  • Long hours
  • Financial risks (due to irregular income and investments)
let s discuss even more
Let’s discuss even more…
  • Entrepreneurs can fail even if they are committed and have the characteristics needed to be successful. Why do you think this can happen?
  • Why is it important for entrepreneurs to choose a field that they will enjoy?
  • Do you think the advantages of entrepreneurship outweigh the disadvantages? Why or why not?
well let s find out
Well…let’s find out!!!
  • Self-assessment
  • What Is Your Business Assignment
    • Write down your entrepreneurial strengths:
    • Your entrepreneurial weaknesses:
    • How do you think you will perform as an entrepreneur?
    • What is your dream business?
      • If you could do any kind of business in the world what would it be?
      • Think about things that you are good at or things that you would like to do.
      • In 10 lines or more, describe what this business would be.