Entrepreneurship - What it is and what it is NOT

50 %
50 %
Information about Entrepreneurship - What it is and what it is NOT
Business & Mgmt

Published on February 23, 2014

Author: YairFriedman1

Source: slideshare.net


What is Entrepreneurship anyway? interested to find out?

ntrepreneurship What it is and what it is Not Cell: +972-54-4536568 | Fax: +972-9-7417607 | Email: yair@friedman.org.il 1

1. What is Entrepreneurship anyway? Simply put, it is the integration of opportunity-seeking actions and advantage-seeking actions to design and implement new products / services / business models that create value (paraphrasing Hitt et. al, 2002). Cell: +972-54-4536568 | Fax: +972-9-7417607 | Email: yair@friedman.org.il 2

2. Stupid myths about Entrepreneurship Entrepreneurs are free people, they don’t need to worry and don’t have a boss that is looking over their shoulders. Entrepreneurs only care about going public and are looking for an easy way to make lots of money. Money is the main reason to be an entrepreneur. Entrepreneurs are gamblers. Cell: +972-54-4536568 | Fax: +972-9-7417607 | Email: yair@friedman.org.il 3

3. Entrepreneurs Mix and match a wide variety of elements together and hopefully get something in the end of the process… Resources Opportunity skills Ideas Focus Independence Strategy People Market analysis knowledge Funds Independent thinking Balance Motivations Risk Capabilities Responsibility Cell: +972-54-4536568 | Fax: +972-9-7417607 | Email: yair@friedman.org.il 4

4. Why is entrepreneurship important? Entrepreneurial activity is the driving force of the US and World economy (Thomas Friedman, 2005). Cell: +972-54-4536568 | Fax: +972-9-7417607 | Email: yair@friedman.org.il 5

5. Bankruptcy Closure Entrepreneurship has many phases. Strategizing Building a Culture Growth management Marketing Staffing Fund raising Failure CF management Maturity The Business Plan Creating reporting Systems Building a team Exit (sale, merger, IPO) Cell: +972-54-4536568 | Fax: +972-9-7417607 | Email: yair@friedman.org.il 6

Find more presentations and information on my website: www.friedman.org.il Copyright 2014 @ Yair Friedman. All Rights Reserved 7

Add a comment

Related presentations

Canvas Prints at Affordable Prices make you smile.Visit http://www.shopcanvasprint...

30 Días en Bici en Gijón organiza un recorrido por los comercios históricos de la ...

Con el fin de conocer mejor el rol que juega internet en el proceso de compra en E...

With three established projects across the country and seven more in the pipeline,...

Retailing is not a rocket science, neither it's walk-in-the-park. In this presenta...

What is research??

What is research??

April 2, 2014

Explanatory definitions of research in depth...

Related pages

Entrepreneurship is Not Business - Takis Athanassiou

Entrepreneurship is Not Business. It is about business and about creativity, ... “What makes a good entrepreneur?” was the topic of the discussion!
Read more

What Entrepreneurship is Not - yourstory.com

What Entrepreneurship is Not . Team YS ... Entrepreneurship is not entering office everyday expecting a million dollar check.
Read more

What is Entrepreneurship? | Entrepreneurship Definition

The definition of entrepreneurship means starting a business from scratch. START. Your Business. Business ... and not the other way around, said Ajay Bam, ...
Read more

What is entrepreneurship? definition and meaning

Definition of entrepreneurship: ... (and usually not able to sell it very quickly), whereas investors are more diversified. Also, ...
Read more

What is an Entrepreneur? (with pictures) - wiseGEEK

What is an Entrepreneur? ... More often than not, an entrepreneur is not really working for the money, they are working because they love what they do.
Read more

Entrepreneurship - Wikipedia, the free encyclopedia

Entrepreneurship has traditionally been defined as the process of designing, ... For Schumpeter, the entrepreneur did not bear risk: the capitalist did.
Read more

Defining Entrepreneurship - GDRC

Creativity is often not a prerequisite for entrepreneurship ... or personality traits as a sufficient basis for defining entrepreneurship. ...
Read more

What is an entrepreneur? definition and meaning

Definition of entrepreneur: ... entrepreneurs are not necessarily motivated by profit but regard it as a standard for measuring achievement or success. ...
Read more

Successful Entrepreneur: What It Is and How to Become One?

This is not to say that you have no chance of success. If you want to start a business, ... Tips for Becoming a Successful Entrepreneur.
Read more

What Is An Entrepreneur? - Forbes

What is the difference between an entrepreneur and someone who just runs a ... I may not exactly know what it ... What Is An Entrepreneur?
Read more