this is to help you

1. Chapter 6

2. BECOMING AN ENTREPRENEUR
• Entrepreneur-someone who
takes a risk in starting a business to
earn a profit
• Entrepreneurship-process of
starting, organizing, managing and
assuming

3. Personal Characteristics of Successful Entrepreneurs
Entrepreneurs are more They have
Presistent Problem-solving skills
Inquisitive Tolerance for ambiguity
Energentic Strong integrity
Goal Oriented Personal initiative
Independent Ability to secure resources
Self-Confident Capability to learn from failure
Creative Willingness to work hard
Reliable
Competitive

4. • Venture capital-money provided
by large investors to finance
• Innovation-invention or creation
that is brand new
• Improvement-a designed change
that increase the usefulness of a
product, service or process.