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Topic 1

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Transcript

  • 1. TOPIC 1 Introduction to Entrepreneurship
    • Peter F. Drucker stated entrepreneurship is not:-
      • Magic
      • Mysterious
      • But It is a DISCIPLINE and it can be LEARNED.
  • 2. MIND MAP
    • The Evolution of Entrepreneurship
    • Concepts of Entrepreneurship
    • The importance of Entrepreneurship
    • The myth of Entrepreneurship
    • Entrepreneurship development in Malaysia
  • 3. 1.2 The concepts of entrepreneurship
    • 1.2.1 Entrepreneurship (Basic aspects)
      • Involves creation process
      • Requires the devotion of time and effort
      • Assumption of necessary risks
      • Involves reward
  • 4. 1.2 The concepts of entrepreneurship (cont)
    • 1.2.2 Who are Entrepreneurs?
      • Pioneers of today’s business success
      • An innovator or developer who recognizes and sizes opportunities.
  • 5. 1.3 Importance of Entrepreneurship
    • Catalyst for economic change and growth
    • Help to improve lives
    • Anymore?
  • 6. 1.4 The myths of entrepreneurship
    • Myth 1: Entrepreneurs are doers, not thinkers
    • Myth 2: Entrepreneurs are born, not made
    • Myth 3: Entrepreneurs are always inventors
    • Myth 4: Entrepreneurs are academic and social misfits
    • Myth 5: Entrepreneurs must fit the “Profile”
    • Myth 6: All entrepreneurs need is money
    • Myth 7: All entrepreneurs need is luck
  • 7. 1.4 The myths of entrepreneurship (cont)
    • Myth 8: Ignorance is bliss for entrepreneurs
    • Myth 9: Entrepreneurs seek success but experience high failure rates
    • Myth 10: Entrepreneurs are extreme risk taker (gamblers)
  • 8. THE END