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問題一覧
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entrepreneur are people who have the ability to see and evaluate business opportunities, to gather the necessary resources and to take advantage of them, and to initiate appropriate action to ensure success.
Geoffrey Meredeth
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(4) Advantages of being entrepreneur
1. Opportunity to gain control over one’s own destiny. 2. Opportunity to reach one’s full potential. 3. Opportunity to benefit financially. 4. Opportunity to contribute to society and be recognized for one’s efforts.
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What are the entrepreneurs under "Motivation"
1. Pure entrepreneur 2. Induced entrepreneur 3. Motivated entrepreneur 4. Spontaneous entrepreneur
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(7) CHARACTERISTICS OF ENTREPRENEURS
● Reasonable Risk Taker ● Self-Confident ● Hardworking ● Innovative ● Leadership ● Positive Thinkers ● Decision Makers
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He is a person who organizes, manages and assumes the risks of a business or enterprise.
Entrepreneur
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What are the 3 basic types of entrepreneur?
1. Social Entrepreneur 2. Serial Entrepreneur 3. Lifestyle Entrepreneur
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A person who has possession of a new enterprise, venture or idea and is accountable for the inherent risks and outcome.
Entrepreneur
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Undertakes trading activities; concerned with marketing (Domestic and international level)
Trading Entrepreneur
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(5) Drawbacks of being an entrepreneur
1. Uncertainty of income. 2. Risk of losing the entire invested capital. 3. Long hours and hard work. 4. Lower quality of life until the business gets established. 5. Complete responsibility.
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Born entrepreneurs with inborn traits of confidence, vision, initiative
Spontaneous entrepreneur
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Is one who continuously comes up with new ideas and starts new businesses. These people possess a high propensity for risk, innovation and achievement.
Serial Entrepreneur
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ENTREPRENEURIAL QUALITIES
1. Entrepreneurs prefer moderate risks 2. Entrepreneurs are self-confident 3. Entrepreneurs seek concrete feedback on performance 4. Entrepreneurs take personal responsibility 5. Entrepreneurs are more concerned with tasks rather than people 6. Entrepreneurs are achievement oriented
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(6) Concepts of Filipino Entrepreneurs
• Self-reliant • Risk-taker • Helpful • Industrious • Happy • Creative
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young lifestyle entrepreneurs, typically those between 25 to 40 years old.
Treps
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Production oriented, possesses innovative skills in manufacturing, quality control etc.
Technical entrepreneur
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(4) DETERMINANTS OF SUCCESFUL ENTREPRENEURSHIP
1. Ability to conceptualize and plan 2 Ability to manage others 3. Ability to manage time and to learn 4. Ability to adapt and change
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Uses the proceeds from sale of one business to start another one. Brimming with ideas to start new ventures
Professional entrepreneur
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Interested in management part of organization; exceptional organizing, coordinating skills to manage a corporate undertaking (Ambani, Tata families)
Corporate Entrepreneur
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(9) The role of an entrepreneur
1. The entrepreneur 2. percieves opportunities in the environment 3. takes risks 4. produces capital 5. introduces innovations 6. organizes the business 7. makes decision 8. plans ahead 9. sells his product at a profit
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Sense of achievement and fulfillment motivate him
Motivated entrepreneur
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An entrepreneur is an innovator. He does new things or does things in a new way.
Joseph Schumpeter
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Psychological and economic rewards motivate him
Pure entrepreneur
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implies newness, variation, originality, novelty or uniqueness.
Innovation
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Incentives, concessions, benefits offered by government for entrepreneurs motivates him
Induced entrepreneur
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Who is the author of "The practice of Entrepreneurship"
Geoffrey Meredeth
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Develops marketing, distribution facilities and strategies
Non-technical entrepreneur
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CONTRIBUTIONS OF ENTREPRENEUR (5)
1. Develop new markets 2. Discover new sources of materials 3. Mobilize capital resources 4. Introduce new technologies and new products 5. Create employment
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Undertakes manufacturing activities only; new product development etc (textile, electronics, etc)
Industrial Entrepreneur
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entrepreneurs always searches for change, responds to it and exploits it as an opportunity.
Peter Drucker
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Motivated by a desire to help, improve and transform social, environmental, educational and economic condition. He is driven by an emotional desire to address some of the big social and economic conditions in the world such as poverty and educational deprivation. Their main aim is to create a social value for the improvement of goods & services offered to a community.
Social Entrepreneur
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Production and marketing of agricultural inputs and outputs (Dairy, horticulture, forestry)
Agricultural entrepreneur
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one who bears uncertainty, buys labor and materials and sells products at certain profits.
Richard Cantillon
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What are the entrepreneurs under "Use of technology"
1. Technical entrepreneur 2. Non-technical entrepreneur 3. Professional entrepreneur
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places passion before profit when launching a business in order to combine personal interests and talent with the ability to earn living. Common goals held by the lifestyle entrepreneur include earning a living doing something that they love, earning a living in a way that facilitates employment, achieving a good work/life balance and owning a business without shareholders.
Lifestyle Entrepreneur
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What are the entrepreneurs under "Type of Business"
1. Business entrepreneur 2. Trading Entrepreneur 3. Industrial Entrepreneur 4. Corporate Entrepreneur 5. Agricultural entrepreneur
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Convert ideas into reality; deal with both manufacturing and trading aspect of business (Small trading and manufacturing business)
Business entrepreneur
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WHAT ARE THE TYPES OF ENTREPRENEUR ACCORDING TO CLASSIFICATION:
• Type of business • Use of technology • Motivation