2. Who is an Entrepreneur?
Someone who "organizes,
manages, and assumes the risks of
a business for a profit."
3. Example of Entrepreneurs
1. S.K. Macharia – Royal Media Group
2. Mrs. Okello – Makini Group of Schools
3. Manu Chandaria-Chandaria Industries
4. Osewe-Ranalo Restaurant
5. Oprah Winfrey- Oprah Show
6. Bill Gates – Microsoft
4. Characteristics of Entrepreneurs
1. Self Control
2. Self Confidence and hard work
3. Sense of urgency
4. Comprehensive awareness & Conceptual Ability
5. Status Requirements external to the individual
6. Interpersonal relationship
7. Passion for success
8. Good money management
9. Strong sense of leadership
5. Irrelevant Characteristics for Entrepreneurs
1. Age: one can be an entrepreneur at any
age
2. Gender: male or female, it’s the solution
offered that matters.
3. Marital Status
4. Education level: knowledge and skill are
key, mode of acquisition notwithstanding
6. Why People Do Business
Exercise control that is usually absent in
formal employment
Creativity
Inequity between contribution & reward
Fame & recognition
Participation in all aspects of business
Personal financial gain
Joy of winning
7. Thank you
For more on Entrepreneurship
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