201205145 my power point

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201205145 my power point

  1. 1. PFS3A01 compile by N.L Mhlanga Student no: 201205145 Learning area: Business studies Grade 11 Topic: Characteristics of an entrepreneur
  2. 2. ENTREPRENEURSHIP
  3. 3. What is Entrepreneurship? Is the practice of starting a new business or reviving an existing organization. But decisions have to be made before launching a new enterprise
  4. 4. ADVANTAGES OF ENTREPRENEURSHIP       Employment for near & dear ones Prolonged career for next generation Freedom to use own ideas – innovation & creativity Self Employment Unlimited income Independence
  5. 5. Entrepreneur means someone who owns a business who will make decision, take action and think that he can control his own destiny. There are times that most of the employees getting bored with their work. That is why most of them want to be their own boss.
  6. 6. Common Mistakes that an Entrepreneur Makes
  7. 7. All successful entrepreneurs share a few qualities and skills that allow them to be successful. These inherent qualities can be taught; but they often seem to be an inherent driving force that sends individuals down the path of being in business or formally training to for a career in business.
  8. 8. Here are some characteristics of a real entrepreneur:
  9. 9. 1. Leadership. An entrepreneur is required to have strong decision-making abilities and be able to motivate people toward a common goal. 
  10. 10. 2. Self-motivated. Successful entrepreneurs work tirelessly to resolve the problems that confront them. 
  11. 11. 3. Ethics and integrity. If you cannot demonstrate that you have high integrity, nobody will do business with you. 
  12. 12. 4. Not afraid of failure. Successful entrepreneurs must take risks in order to obtain rewards. 
  13. 13. 5. Innovative. Successful entrepreneurs are always coming up with new ideas or working to improve existing ones. 
  14. 14. 6. Always learning. Entrepreneurs are not afraid to ask questions when necessary. 
  15. 15. 7. Competitive. Entrepreneurs enjoy a challenge and like to win. 
  16. 16. 8. A strong network of peers. The best entrepreneurs understand that they cannot succeed alone. 
  17. 17. TYPES OF ENTREPRENEURIAL ORGANISATION Profit Service production Non-profit Local Large scale Provincial International Co-operatives National
  18. 18. REFERENCES LIST Limuelp, P.(2011). Entrepreneurship Bhandari, A.(2013). Characteristics of an entrepreneur Villadarez, G.(2012). Characteristics of A real entrepreneur Leblanjo, L.(2013) .Characteristics of entrepreneurial ventures

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