An entrepreneur is a person who starts and operates a business, assuming the risk for potential profit. Key qualities of entrepreneurs include courage, focus, passion, creativity, risk-taking, competitiveness, and hard work. Early entrepreneurship programs involved activities like raising livestock and growing crops. Today, entrepreneurial activities are more varied. Entrepreneurship refers to identifying market opportunities and generating business ideas to address them by committing resources despite risks. Successful entrepreneurs drive business creation and have skills like thinking ability, human relations, communication, and technical expertise. The advantages of entrepreneurship are independence, profits, and flexibility, while the disadvantages include long hours, costs, regulations, and difficult decisions.

1. ENTREPRENEURSHIP
 Meaning of Entrepreneur: An Entrepreneur is a person who organizes and
manages a business undertaking, assuming the risk for the sake of profit. Any
person (any age) who starts and operates a business is an entrepreneur.
 Qualities of an Entrepreneur
Courage & Confidence
Focus & DeterminationPassion & Dynamism
Creativity & Risk taking
Competitiveness, Will power & Hardworking
 Early Entrepreneurship
These early entrepreneurship programs were called different names:
– Farming Program
– Productive or Production Enterprises
– Ownership
 Early Entrepreneurship
The Early Entrepreneurship program primarily involved:
– Raising Livestock
– Growing Crops, etc.
 Entrepreneurship Today
Today, the students are involved in many different types of entrepreneurial activities.
Entrepreneurship in agriculture can still be raising livestock and growing crops, but it
can be much, much more than that.

2.  Entrepreneurship
Entrepreneurship according to (Jerry A. Timmons at Babson college ) a way of
thinking , reasoning , and acting that is opportunity , holistic in approach , and
leadership balanced for the purpose of value creation and capture .
 Entrepreneurs Examples :
 Lawn Maintenance Service
 Raise and Sell Fishing Bait
Custom Crop Harvesting
 Pet Sitting Service
 Fishing Guide
 Tractor and Farm Equipment Detailing
 Making and Selling Christmas Wreathes
Operating a Small Engine Repair Service .
 Aspects of Entrepreneurship
1. The identification/recognition of market opportunity and the generation of a
business idea (product or service) to address the opportunity.
2. The marshalling and commitment of resources in the face of risk to pursue the
opportunity.
3. The creation of an operating business organization to implement the opportunity-
motivated business idea.
 Successful Entrepreneurs
 According to the Small Business Administration, successful entrepreneurs have
five characteristics:
– Drive, which is defined as the most important attribute. Entrepreneurs can expect
long hours, high stress and endless problems, as they launch a new business.
– Thinking Ability, or the characteristic that encompasses creativity, critical thinking,
analytical abilities and originality.

3. – Aptitude for Human Relations. This characteristic recognizes the importance of the
ability to motivate employees, sell customers, negotiate with suppliers and convince
lenders. Personality plays a big part in success in this area.
– Communication Skills, or the ability to make yourself understood.
– Technical Ability speaks to the need of the entrepreneur to know their product and
their market. They must consider the long- and short-term implications of their
decisions, their strengths and weaknesses, and their competition. In short, they need
strategic management skills.
 Entrepreneurship
Some advantages
– You are your own boss
– Enjoy the profits from you efforts
– Sense of pride in your business
– Flexibility in your work schedule
 Entrepreneurship
Some disadvantages
– Will need to put in long hours
– Need money to start
– Have to keep up with government rules and regulations
– May have to mark hard decisions (hiring, firing, etc.) – May lose money
 WOMENENTREPRENEURSHIP
It is defined as “an Entrepreneur who runs an enterprise owned & controlled by her &
having minimum financial interest up to 51% of the capital & giving at least 51% of
the employment to women”.
THANK YOU…

4. Enterpreneurship
Professor : Nabila Abbass
Assigment #: 1
ID : 201400447
Name : Mohammad Othman Walid Houri
2014-2015

5. Websites used for info :
1- www.openforum.com
2. www.youtube.com
3. www.simpletruths.com
Definition of Entrepreneurship :
www.lem.ep.usp.br/0300021/newventurecreationch
apyer3.pdf ( Jerry A. Timmons at Babson college )