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Discover what it means to be an entrepreneur, the risks and rewards involved, and the key characteristics that define successful entrepreneurs. Explore famous examples like Walt Disney, Oprah Winfrey, Simon Cowell, and Donald Trump, and realize your own potential to become an entrepreneur.
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What is an entrepreneur? • A person who organizes, manages, and assumes the risks of a business or enterprise.
RISKS No guarantees No regular paycheck No boss Long hours Assume debt of business REWARDS Be your own boss Keep profits Control Satisfaction Pursue talent and creativity Entrepreneurship
Characteristics of Entrepreneurs • Willing to take risks • A person who creates a business from scratch. • Self employed • Strong sense of discipline • Be your own boss • Beat the competition
Who are some entrepreneurs you might know? • Walt Disney
Who are some entrepreneurs you might know? • Oprah Winfrey
Who are some entrepreneurs you might know? • Simon Cowell
Who are some entrepreneurs you might know? • Donald Trump