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  1. 1. Entrepreneurship By Adam Minuto
  2. 2. Personal Information <ul><li>Holland Code: ESA </li></ul><ul><li>Birkman Test: Green and Red </li></ul><ul><li>Learning Style: Visual </li></ul>
  3. 3. Why I Chose Entrepreneurship <ul><li>I chose Entrepreneurship because I would like to be involved in business, I can be my own boss, it is a challenge and there is opportunity to become extremely successful </li></ul>
  4. 4. 5 Important Skills <ul><li>Critical Thinking </li></ul><ul><ul><li>Entrepreneurs need to be able to examine problems effectively in order to determine a solution </li></ul></ul>
  5. 5. 5 Important Skills <ul><li>Decision Making </li></ul><ul><ul><li>Entrepreneurs need to make important decisions that affect the entire company. </li></ul></ul><ul><ul><li>It is also important that Entrepreneurs are able to see through complicated business documents to make decisions </li></ul></ul>
  6. 6. 5 Important Skills <ul><li>Business Ethics </li></ul><ul><ul><li>Since it is easy to break the law in order to make more money, it is important for Entrepreneurs to be able to follow the laws </li></ul></ul><ul><ul><li>If Entrepreneurs break the law, they can their business </li></ul></ul>
  7. 7. 5 Important Skills <ul><li>Communication </li></ul><ul><ul><li>Entrepreneurs need to be able to communicate effectively with employees and clients in order to maximize efficiency </li></ul></ul>
  8. 8. 5 Important Skills <ul><li>Time Management </li></ul><ul><ul><li>Since Entrepreneurs have so much work to do, it is important that they maximize the time they have at work </li></ul></ul>
  9. 9. What is an Entrepreneur? <ul><li>An Entrepreneur is someone who starts, runs and owns their own businesses </li></ul><ul><li>Entrepreneurs range from local deli owners to multi billionaires like Mark Zuckerburg and Bill Gates </li></ul>
  10. 10. Job Outlook and Projections <ul><li>Individually, it is extremely difficult to succeed since around ½ of businesses fail in their first 2 years </li></ul><ul><li>Entrepreneurs are more successful in healthy economies </li></ul><ul><li>Entrepreneurship as a field has been growing over the past few decades as a result of the computer boom and will continue to grow into the future </li></ul>
  11. 11. Salary <ul><li>There are no reliable salary statistics for this field </li></ul><ul><li>Since Entrepreneurs are financially responsible for their business, they can literally loose almost everything if they fail </li></ul><ul><li>However, Entrepreneurs who are successful can become very wealthy </li></ul><ul><li>It is rare for Entrepreneurs to make money in their first few years </li></ul>
  12. 12. Professional Associations <ul><li>National Association for the Self-Employed </li></ul><ul><li>National Federation of Independent Businesses </li></ul><ul><li>Hauppauge Industrial Association </li></ul>
  13. 13. Education <ul><li>While there are no educational requirements, some Entrepreneurs earn their Ph.D while others drop out of college to start their business. </li></ul><ul><li>It is recommended that aspiring Entrepreneurs take business classes and gain work experience in the field of business </li></ul>
  14. 14. Related Occupations <ul><li>Chief Executive </li></ul><ul><li>Venture Capitalist </li></ul><ul><li>Investment Banker </li></ul>
  15. 15. Shadowing Experience <ul><li>I shadowed my Uncle, who is an Entrepreneur </li></ul><ul><li>I learned about the day to day tasks of being an Entrepreneur, as well as the challenges of managing a staff of employees </li></ul>