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INTRODUCTION OF ENTREPRENEURSHIP 👩🏻💻💸📉📊📑 - Coggle Diagram
INTRODUCTION OF
ENTREPRENEURSHIP
👩🏻💻💸📉📊📑
Characteristics of
Successful Entrepreneurs
Passion for the Business
Product/Customer Focus
Tenacity Despite Failure
Execution Intelligence
What is Entrepreneurship?
Academic Definition (Stevenson & Jarillo)
Venture Capitalist (Fred Wilson)
Explanation of What Entrepreneurs Do
Corporate
Entrepreneurship
Entrepreneurial Firms
• Proactive
• Innovative
• Risk taking
Conservative firms
• Take a more “wait and see”
posture
• Less Innovative
• Risk averse
Changing Demographics
of Entrepreneurs
Minority Entrepreneurs S
Senior Entrepreneurs
Women Entrepreneurs
Young Entrepreneurs
The Entrepreneurial Process
Step 2: Developing successful business ideas.
Step 3: Moving from an idea to an entrepreneurial firm.
Step 1: Deciding to become an entrepreneur
Step 4: Managing and growing the entrepreneurial firm.
Economic Impact of Entrepreneurial Firms
Innovation
Job creation
Entrepreneurial
Firms’ Impact
on Society and
Larger Firms
Impact on society
Impact on larger firms