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Understanding Entrepreneurship Basics

An entrepreneur is defined as a person who starts and manages a business or enterprise, taking on financial risks in order to do so. They have full control over the business, including its risks and responsibilities. Successful entrepreneurs exhibit characteristic traits such as self-motivation, the ability to change and manage finances, and starting new businesses. The document discusses entrepreneurship and its role in contributing to a country's economic growth by creating employment opportunities, developing new markets, and introducing new technologies.

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84 views8 pages

Understanding Entrepreneurship Basics

An entrepreneur is defined as a person who starts and manages a business or enterprise, taking on financial risks in order to do so. They have full control over the business, including its risks and responsibilities. Successful entrepreneurs exhibit characteristic traits such as self-motivation, the ability to change and manage finances, and starting new businesses. The document discusses entrepreneurship and its role in contributing to a country's economic growth by creating employment opportunities, developing new markets, and introducing new technologies.

Uploaded by

odelle
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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IDEAL ENTRPRENEUR

LESSON 1(Day 2)
Entrepreneur

 A person who acts and is self motivated

– one who changes, money, or finances,

and business.

 A person who begins and manages an

enterprise or business.

 He or she is the one who has full control

of business, including its risk and

responsibilities.
LEARNING TARGET

Concept of Entrepreneurship
Essential Questions

What is entrepreneur? Who is an

entrepreneur?

How does entrepreneurship contribute

to the economic growth of the country?

What are the characteristic traits of

successful entrepreneurs?

Name some successful entrepreneurs

abroad and in the country.


Group

Activity
Activity 1

1. Choose a leader and reporter.

2. Then make a concept map similar to the example.

3. You are given 10 min to finish the activity.


Draw if the sentence states the

socio economic benefits from

entrepreneurship.

1. Increase population.

2. Creates employment.

3. Develops new markets.

4. It introduces new technology.

5. Help discover illegal sources of raw materials.

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