This document provides information about entrepreneurship and starting a business. It defines an entrepreneur as someone who organizes and manages a business while taking on financial risk for potential profit. It discusses factors to consider when choosing and starting a business, such as identifying customer needs and demand, setting a profitable price, and marketing the business. The document also lists important entrepreneurial qualities like passion, perseverance, and adaptability. It encourages visualizing a future business and taking calculated risks to achieve incentives. Overall, the document promotes entrepreneurship as a way to earn extra money by finding safe business opportunities that fill needs in the local community.

1. School activities
AVITAE, Greece meeting

2. entrepreneurs
• The dictionary says an entrepreneur is:
"A person who organizes and manages a business,
assuming the risk for the sake of profit." In short,
an entrepreneur is a business person who does
these things:
– Sees an opportunity for making money
– Makes a plan
– Starts the business
– Manages the business
– Receives the profit

3. A business can be a big company that makes
televisions or computers. A business can also
be small such as a neighborhood grocery store
or a soft drink stand at a local ball game.

4. Choosing a Business
• What do you like to do? What do you do well?
• Are there customers who want to buy what
you are selling?
• Are your potential customers willing to pay
the price you are charging?
• Can you make a profit?
• Is your business something you can do safely?
• Let others know what you are selling.

5. Key terms
• Expenses
• Revenue
• Loss
• Profit

6. An entrepreneur takes a risk to create a new
product or develop a better way to operate a
business

7. "Big Wins Require Big Risks" Bill Gates.
The quote is from Business @ the Speed of Thought
1999
Incentives

8. • When an entrepreneur perceives that the
incentives outweigh the risk, they are willing to
move forward and act on their idea.
Entrepreneurs are agents of change and the
stimulus for economic growth. Entrepreneurs are
creative and individualistic. They are thinkers
who take their ideas and transform them into
goods and services. Entrepreneurs are
enterprising individuals who see opportunities
and take risks in hopes of earning profits.

9. Qualities
• Passion
• Perseverance
• Resourcefulness
• Open-Mindedness
• Spongelike nature
• Self confidence
• Motivation
• Discipline

10. • Determination
• Adaptability
• Flexibility
• Planning
• Management
• Being Innovative & Inventive

12. If you
• Work hard
• Build a rock-solid reputation
• Invest in yourself
You can become successful

14. Visualize your future
activity
• Close your eyes
• Relax
• Listen to the instructions
• Think about yourself
• Answer the questions
• Write your own story (approx. 10 lines)

15. Risks and Incentives
activity
• Take the risk and look for the extra credit
vouchers
• Make a profit
• Discuss

16. “Take a step forward”
activity
• Assume your roles
• Listen to the situations
• Decide what describes your role best
• Take a step forward

17. Types of Entrepreneurs

18. Take a step Forward: Situations

19. Conclusion
If you want extra money, becoming an
entrepreneur may be a solution. Keep your eyes
and ears open -- you will be surprised how many
opportunities for making money will pop up at
home, at school, and in your neighborhood! Keys
to a successful entrepreneurial experience are
finding something you like to do that is safe and
that others are willing to buy; it is also crucial to
set a price that will yield a profit, and to spread
the news on what you are selling.

20. Make your business, make your piece
of “literature”
In your groups, start creating your pieces of
“literature” based on your visits, impressions,
photos, imagination and newly acquired
knowledge. It can be a short story (50 lines
max) or a poem (10 verses max). It should
include an entrepreneurial activity / idea /
character. You should think of a business you
could have run in the past (distant or not), or
run in the present or future in the town of
Arta or in its larger region.

21. Material adapted from
Econedlink
© 2015. Council for Economic Education.
All rights reserved

22. Path to success
• Each group should write 6 questions to ask to
an entrepreneur about their path to success.
• The questions will be gathered, 10 will be
chosen and then used by all countries for
interviews of local entrepreneur.