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Entrepreneurship
Entrepreneurship
ENTREPRENEURSHIP :
Most of what you hear about entrepreneurship is all wrong. Its not magic; its not mysterious; and it has nothing to do with genes. Its a discipline and, like any discipline, it can be learned.
Peter F. Drucker
SYNERGY
3
80% 72% 70% 60% 50% 40% 30% 20% 10% 0% Independence Control 10% 10% Others 8%
Survey by Padgett Business Services USA Inc.
Satisfaction
4
Change-oriented visionary
5
Overcoming Obstacles
Managing Risk
Entrepreneurship Process
The Inventor The Opportunity Spotter The Project Champion
Exploiting the opportunity to build something of value
The Idea
10
11
Note: Survey results: 1=low; 10 = high Source: IMD world competitiveness Yearbook 2003
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2004
2005
2006
13
Entrepreneurship
Some advantages
You are your own boss Enjoy the profits from your efforts Sense of pride in your business Flexibility in your work schedule
15
Entrepreneurship
Some disadvantages
Will need to put in long hours Need money to start Have to keep up with government rules and regulations May have to mark hard decisions (hiring, firing, etc.) May lose money
16
18
19
Thank You
20