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Group Presentation

  1. 1. Why do people startbusinesses and whatmotivates people to“be their own boss”?CARD1030-Consulting In Career Development:Entrepreneurial and Intrapreneurial Roles
  2. 2. “Entrepreneurs average 3.8 failures before a finalsuccess. What sets the successful ones apart istheir amazing persistence. There are a lot ofpeople out there with good and marketable ideas,but pure entrepreneurial types almost never acceptdefeat.”Lisa M. Amos
  3. 3. Why do you think people start businesses? Internal Reasons External Reasons Fulfilling a purpose in life  Economic (globalization, (create something, a real corporate restructuring, re- sense of achievement) engineering, free trade and Personality Dimensions technology development) (desire of independence,  Societal control their own future, (employer/employee create true wealth and relationship) financial freedom)  Political (simplify regulations Family Culture (role & government support) model/ parents’ expectations)
  4. 4. What motivates people to be their own boss? Able to do what they enjoy Financial gain Able to make their own rules Flexibility Able to challenge themselves Security
  5. 5. How would the career counsellor recognizeentrepreneurial traits when counselling a client? The career counsellor The client Establishes a trustful  Has an idea or vision relationship  Shows a high need for Performs counselling achievement techniques such as: active  Recognizes an opportunity and reflective listening, or demand on the market performs assessments through formal instruments (online tests) and then makes recommendations
  6. 6. How would the career counsellor recognizeentrepreneurial traits when counselling a client? The career counsellor and the client should work together to help the client identify: Values and beliefs Likes and dislikes Limitations and strengths Competences and areas of expertise Levels of risk taking and creativity
  7. 7. What changes in the counselling practices (if any) would youmake for people interested in self employment compared topeople interested in jobs? Counselling practices intrapreneurship Discussions and assessments Resume writing/ Cover letter Job search workshops Interview preparation Job search websites, newspapers, magazines Networking Online profiles
  8. 8. What changes in the counselling practices (if any) would youmake for people interested in self employment compared topeople interested in jobs?Counselling practices entrepreneurship Discussions and assessments Become a better speaker and leader Dedicated publications, magazines, newspapers, legislation Community centers Networking Associations and organizations for small businesses Government financing programs Government sources of information
  9. 9. Case study Profile: woman, 40, B.A. (Honors), 5 years in Canada, Ukrainian, former teacher, last job copywriter, currently unemployed During Job search workshop counsellor identifies entrepreneurial traits such as: spirit of adventure, self-reliant, strong desire to achieve and to grow, goal- oriented, takes the risk and shares the risk, creative During individual counselling the initial observations are confirmed through discussions and the Business Development Bank of Canada Self Assessment Recommendations: Canadian Teacher Magazine, Canadian Council for Small Business and Entrepreneurship, government sources of information, school board meetings, community meetings, networking, The Ethical Standards for the Teaching Profession Ontario, Ontario Schools Code of Conduct After a few sessions, the client took our advice and now she runs a successful business in tutoring
  10. 10. Any questions?Thank you for your time!Team: Anca Andronic Antoaneta Baha Lacey Thorne Yi (Judy) Xu
  11. 11. Bibliography Grant, The Proactive Personality Scale as a Predictor of Entrepreneurial Intentions Kao, W.Y. Raymond, Entrepreneurship: A Wealth-Creation and Value-Adding Process Okanik, Barbara, Self-Directedness, Personality Type and Success in Self Employment Worsfold, Wes, Entrepreneurial and Intrapreneurial Roles - CARD1030 (course notes) Entrepreneurial Skills Personal Assessment Kiersey Character/Temperament Sorter Could You Be Your Own Boss? - Entrepreneurial self assessment from "Mazemaster" Self Employment Quiz - Services Canada

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