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ENTRPRENEURSHIP, image, image, image, image, image, image, image, image,…
ENTRPRENEURSHIP
PROCESS OF ENTREPRENEURSHIP
Entrepreneur
Great ideas
Start up
Hires other people
Understand the marked
Entrepreneurship
Business unit
Involves work
Setting up and Enterprise
Enterpreneur
Evaluates himself
Understand
Marked
Consumers
Plans
Business opportunities
Ideas
New
Creative
Methods
Discussions
Brainstorming
Detailed Business
Raise Money
Attracting investors
Should
Launch
Start-up
Make
Available products
Adjust Changes
Grow business
Can
Sell
Start-up
Reinvest
Another business idea
IMPORTANCE
Role
Developing countries
Create
Employment opportunities
Flow of money
Resources in economy
Allows
Economic growth
CHARACTERISTICS
Entrepreneur
Should
Come up
Innovate Idea
Should
Satisfy needs
Society
Consumers
Could be
New
Product
Service
Make profits
To produce goods
Need
Labor
Money
Raw materials
Machinery
Develop skills
Objective
Earn profits
Through
Lawful actions
Require
Careful Planning
Market research
Knowledge