A serial entrepreneur is someone who starts multiple business ventures over time, often passing responsibility for one business to others in order to focus on a new idea or venture. To be considered a serial entrepreneur, one does not need to start a specific number of companies, but rather demonstrates traits like risk-taking, optimism, and long-term vision. Elon Musk is provided as an example of a successful serial entrepreneur who has founded multiple companies in different industries.
Mc Donalds wont hire me...So I'm going to become a boss!Felecia Hatcher
Presented at Palm Beach Atlantic University for the SHIPP Summit. This is a fun and interactive presentation to show teens and their parents how kids can create their own opportunities by starting their own business.
116 PART 2 Planning6 chapter Entrepreneurship .docxaulasnilda
116 PART 2 | Planning
6
chapter
Entrepreneurship
After studying Chapter 6, you will be
able to
LO1 Describe why people become
entrepreneurs and what it takes,
personally.
LO2 Summarize how to assess
opportunities to start new
businesses.
LO3 Identify common causes of
success and failure.
LO4 Discuss common management
challenges.
LO5 Explain how to increase your
chances of success, including
good business planning.
LO6 Describe how managers of
large companies can foster
entrepreneurship.
Learning Objectives
bat62597_ch06_116-139.indd 116bat62597_ch06_116-139.indd 116 30/09/14 3:43 pm30/09/14 3:43 pm
Final PDF to printer
117
S ome extraordinary individuals have founded companies that have become famously
successful: 1
• Bill Gates and Paul Allen started Microsoft.
• Oprah Winfrey founded Harpo Productions.
• Steve Jobs and Steve Wozniak created Apple Computer.
• Mary Kay Ash established Mary Kay.
• N. R. Narayana Murthy founded Infosys.
• Martha Stewart started Martha Stewart Living Omnimedia.
• Larry Page and Sergey Brin founded Google.
• Estée Lauder created her namesake company.
• Elon Musk founded Tesla Motors and Space X.
• Mark Zuckerberg started Facebook.
• Vera Wang founded her namesake firm.
services, publishing, and retail-
ing. Today the Virgin empire
has nearly 50,000 employees in
50 countries, and Branson has a
mind-boggling net worth of more
than $5 billion. In 1999 he was
knighted by Queen Elizabeth.
5
Entrepreneurs differ from
managers generally. An entre-
preneur is a manager but engages
in additional activities that not
all managers do.
6
Traditionally,
managers operate in a formal
management hierarchy with
well-defined authority and responsibility. In contrast, entrepre-
neurs use networks of contacts more than formal authority. And
although managers usually prefer to own assets, entrepreneurs
often rent or use assets on a temporary basis. Some say that man-
agers often are slower to act and tend to avoid risk, whereas entre-
preneurs are quicker to act and actively manage risk.
An entrepreneur’s organization may be small, but it differs
from a typical small business:
7
• A small business has fewer than 100 employees, is independently
owned and operated, is not dominant in its field, and is not charac-
terized by many innovative practices. Small business owners tend
not to manage particularly aggressively, and they expect normal,
moderate sales, profits, and growth.
entrepreneurship
the process by which
enterprising individuals
initiate, manage, and
assume the risks and
rewards associated with
a business venture
small business
a business having fewer
than 100 employees,
independently owned and
operated, not dominant
in its field, and not
characterized by many
innovative ...
10 Most Common Myths about EntrepreneushipMara Mentor
Every entrepreneur needs to be true and honest about their startup route, their skills and ability, as well as their strengths and weaknesses.
Entrepreneurs are known to be risk takers, but for the average entrepreneur themselves, they believe non-entrepreneurs are the most risk-aversive people. According to them the safest path is to take control of their own lives, to construct their own world, and not be dependent on anyone. There is something about their stories which makes people uncomfortable.
An economy that supports entrepreneurship, weakens the profession by wrapping it in destructive myths. A great number of social and cultural myths have been formed around the idea of what it really takes to be an entrepreneur.
Mc Donalds wont hire me...So I'm going to become a boss!Felecia Hatcher
Presented at Palm Beach Atlantic University for the SHIPP Summit. This is a fun and interactive presentation to show teens and their parents how kids can create their own opportunities by starting their own business.
116 PART 2 Planning6 chapter Entrepreneurship .docxaulasnilda
116 PART 2 | Planning
6
chapter
Entrepreneurship
After studying Chapter 6, you will be
able to
LO1 Describe why people become
entrepreneurs and what it takes,
personally.
LO2 Summarize how to assess
opportunities to start new
businesses.
LO3 Identify common causes of
success and failure.
LO4 Discuss common management
challenges.
LO5 Explain how to increase your
chances of success, including
good business planning.
LO6 Describe how managers of
large companies can foster
entrepreneurship.
Learning Objectives
bat62597_ch06_116-139.indd 116bat62597_ch06_116-139.indd 116 30/09/14 3:43 pm30/09/14 3:43 pm
Final PDF to printer
117
S ome extraordinary individuals have founded companies that have become famously
successful: 1
• Bill Gates and Paul Allen started Microsoft.
• Oprah Winfrey founded Harpo Productions.
• Steve Jobs and Steve Wozniak created Apple Computer.
• Mary Kay Ash established Mary Kay.
• N. R. Narayana Murthy founded Infosys.
• Martha Stewart started Martha Stewart Living Omnimedia.
• Larry Page and Sergey Brin founded Google.
• Estée Lauder created her namesake company.
• Elon Musk founded Tesla Motors and Space X.
• Mark Zuckerberg started Facebook.
• Vera Wang founded her namesake firm.
services, publishing, and retail-
ing. Today the Virgin empire
has nearly 50,000 employees in
50 countries, and Branson has a
mind-boggling net worth of more
than $5 billion. In 1999 he was
knighted by Queen Elizabeth.
5
Entrepreneurs differ from
managers generally. An entre-
preneur is a manager but engages
in additional activities that not
all managers do.
6
Traditionally,
managers operate in a formal
management hierarchy with
well-defined authority and responsibility. In contrast, entrepre-
neurs use networks of contacts more than formal authority. And
although managers usually prefer to own assets, entrepreneurs
often rent or use assets on a temporary basis. Some say that man-
agers often are slower to act and tend to avoid risk, whereas entre-
preneurs are quicker to act and actively manage risk.
An entrepreneur’s organization may be small, but it differs
from a typical small business:
7
• A small business has fewer than 100 employees, is independently
owned and operated, is not dominant in its field, and is not charac-
terized by many innovative practices. Small business owners tend
not to manage particularly aggressively, and they expect normal,
moderate sales, profits, and growth.
entrepreneurship
the process by which
enterprising individuals
initiate, manage, and
assume the risks and
rewards associated with
a business venture
small business
a business having fewer
than 100 employees,
independently owned and
operated, not dominant
in its field, and not
characterized by many
innovative ...
10 Most Common Myths about EntrepreneushipMara Mentor
Every entrepreneur needs to be true and honest about their startup route, their skills and ability, as well as their strengths and weaknesses.
Entrepreneurs are known to be risk takers, but for the average entrepreneur themselves, they believe non-entrepreneurs are the most risk-aversive people. According to them the safest path is to take control of their own lives, to construct their own world, and not be dependent on anyone. There is something about their stories which makes people uncomfortable.
An economy that supports entrepreneurship, weakens the profession by wrapping it in destructive myths. A great number of social and cultural myths have been formed around the idea of what it really takes to be an entrepreneur.
Secrets for Successful Corporate-Startups | AimforthemoonNiek Karsmakers
Our latest innovation practices and insights on how to build successful corporate-startups from scratch. Based on Aimforthemoon's 75+ partnerships with companies like De Volksbank, Miele, TomTom, Booking.com and many more.
DREAM BIG START SMALL
www.aimforthemoon.com
“Insights of a Maverick Exit Advisor” is a collection of diary notes to start a new career as an exit advisor and CEO coach.
Visit Us:- https://entrepcoaches.com/
“Insights of a Maverick Exit Advisor” is a collection of diary notes to start a new career as an exit advisor and CEO coach.
Visit Us:- https://entrepcoaches.com/
Through much research it is becoming well understood how important intrapreneurs are to a successful company. So what should an entrepreneur know about intrapreneurs? Here are 10 key things to know:
• While an entrepreneur should see the company as a vision from starting point to end; the intrapreneur is a facet of this broader vision. The intrapreneurs should have more directly applicable skills for a given task. The intrapreneur will take risks, but within the confines of their organization.
Running a web design project is like any other project: in order to be profitable, you need to reduce the amount of time and rework while maintaining a high level of quality. This means your web design process needs to be streamlined.
The process is the outline of the project’s steps from start to finish. These steps should be clear, concise, be easy to follow, and work with practically any web design project. Every website is different and has different needs and goals, but the process of designing them is basically the same.
Content is a key part of any digital marketing strategy. The messaging and information you share can benefit your business in so many ways. From ranking better organically in Google SERPs to educating customers through thought leadership, content marketing can be very impactful.
The thing is— content creation that hits all the right markers takes time. And time is a commodity that a lot of businesses can’t spare. Between researching, writing, editing, and optimizing, a simple blog post can eat up hours of your day.
Secrets for Successful Corporate-Startups | AimforthemoonNiek Karsmakers
Our latest innovation practices and insights on how to build successful corporate-startups from scratch. Based on Aimforthemoon's 75+ partnerships with companies like De Volksbank, Miele, TomTom, Booking.com and many more.
DREAM BIG START SMALL
www.aimforthemoon.com
“Insights of a Maverick Exit Advisor” is a collection of diary notes to start a new career as an exit advisor and CEO coach.
Visit Us:- https://entrepcoaches.com/
“Insights of a Maverick Exit Advisor” is a collection of diary notes to start a new career as an exit advisor and CEO coach.
Visit Us:- https://entrepcoaches.com/
Through much research it is becoming well understood how important intrapreneurs are to a successful company. So what should an entrepreneur know about intrapreneurs? Here are 10 key things to know:
• While an entrepreneur should see the company as a vision from starting point to end; the intrapreneur is a facet of this broader vision. The intrapreneurs should have more directly applicable skills for a given task. The intrapreneur will take risks, but within the confines of their organization.
Running a web design project is like any other project: in order to be profitable, you need to reduce the amount of time and rework while maintaining a high level of quality. This means your web design process needs to be streamlined.
The process is the outline of the project’s steps from start to finish. These steps should be clear, concise, be easy to follow, and work with practically any web design project. Every website is different and has different needs and goals, but the process of designing them is basically the same.
Content is a key part of any digital marketing strategy. The messaging and information you share can benefit your business in so many ways. From ranking better organically in Google SERPs to educating customers through thought leadership, content marketing can be very impactful.
The thing is— content creation that hits all the right markers takes time. And time is a commodity that a lot of businesses can’t spare. Between researching, writing, editing, and optimizing, a simple blog post can eat up hours of your day.
Data Migration as the name suggests refers to the process of moving data from one point to another. It could be location to location, format to format, or application to application as well. This one-time process of transferring data may include Preparing, Transforming, and Extracting the data.
Projects in need of Data Migration can typically range from moving to a new data center to upgrading a server. Ideally, Data Migration should be carried out without any data loss and minimal manual Data Recreation or Manipulation.
Facebook ads are paid messages from businesses that are written in their voice and help reach the people who matter most to them. Advertisers create campaigns that have specific goals, which we call advertising objectives and they create ads within those campaigns to help them reach those objectives
No matter how many knock-backs and refusals successful entrepreneurs receive, they are always prepared to dust themselves down and find an alternative route to the summit. It’s this kind of tenacity which is required to take a business idea from the realms of the mind and transform it into a profitable business.
Running a successful business is not an ego trip for successful entrepreneurs. It’s their desire to grow and provide a better product or service for their customers that keeps them hungry and ambitious.
Every company wants to grow their business, yet few know how to sustain it for the long-term or look beyond the next quarterly or yearly report. Growing a business requires the right intellectual capital, carefully selected strategic partnerships, and products and/or services with strong marketplace demand. Beyond these fundamentals, sustaining growth requires a strong operational foundation – to reduce the risks to the business over time.
Check out, what we've got for you.
The Myth That Just Won't Die.
You have probably heard that the YouTube search engine is the 2nd largest search engine in the world. Besides, YouTube is owned by Google; therefore, it makes sense. So no one really questions whether that is actually true or not... right? But...do you really think the YouTube search engine is the 2nd largest search engine in the world? Are you sure?
Data migration tools are used for moving data from one storage system to another. They do this through a process of selecting, preparing, extracting, and transforming data to ensure that its form is compatible with its new storage location. This process is known as data migration, and the tools used are what make the movement of data possible.
For example, if a company wants to migrate its database to Azure cloud storage to make it easier to analyze the data, it will need to choose a tool to perform that action. There are generally three choices when choosing which data migration tools to use, which depend on the requirements and circumstances of the data user.
Read more and reach out to us via info@aheribrands.agency for any assistance
www.aheribrands.agency
#Kenya
#DataWareHouse
Email marketing is the act of sending promotional messages to people in mass quantities. It typically is to generate sales or leads and it may contain advertising.
Email marketing is still ranked as the most effective marketing channel, beating out social media, SEO, and affiliate marketing.
Why is that?
Email marketing has an ROI of Ksh.4300 ($38) for every Kenya Shillings / dollar spent, meaning it deserves a place in every marketer’s toolbox.
Contour Business Intelligence is a platform for building corporate reporting systems and information delivery solutions for all kinds of business, governments, and statistical and state agencies.Contour Business Intelligence (Contour BI) Includes Contour Reporter and Contour Publisher.
The highly productive graphical environment of Contour BI lets IT specialists and users create corporate reports quickly and easily.
Reports in Contour Reporter are created without programming, making a deep technical knowledge unnecessary.
Contour BI's various modes get all the information to the user quickly and clearly.
As an Entrepreneur, do you feel that your business is not growing as it should because of the increased workload?
Learn more, this can help you and your business save time and boost productivity.
Business Valuation Principles for EntrepreneursBen Wann
This insightful presentation is designed to equip entrepreneurs with the essential knowledge and tools needed to accurately value their businesses. Understanding business valuation is crucial for making informed decisions, whether you're seeking investment, planning to sell, or simply want to gauge your company's worth.
Cracking the Workplace Discipline Code Main.pptxWorkforce Group
Cultivating and maintaining discipline within teams is a critical differentiator for successful organisations.
Forward-thinking leaders and business managers understand the impact that discipline has on organisational success. A disciplined workforce operates with clarity, focus, and a shared understanding of expectations, ultimately driving better results, optimising productivity, and facilitating seamless collaboration.
Although discipline is not a one-size-fits-all approach, it can help create a work environment that encourages personal growth and accountability rather than solely relying on punitive measures.
In this deck, you will learn the significance of workplace discipline for organisational success. You’ll also learn
• Four (4) workplace discipline methods you should consider
• The best and most practical approach to implementing workplace discipline.
• Three (3) key tips to maintain a disciplined workplace.
RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...BBPMedia1
Grote partijen zijn al een tijdje onderweg met retail media. Ondertussen worden in dit domein ook de kansen zichtbaar voor andere spelers in de markt. Maar met die kansen ontstaan ook vragen: Zelf retail media worden of erop adverteren? In welke fase van de funnel past het en hoe integreer je het in een mediaplan? Wat is nu precies het verschil met marketplaces en Programmatic ads? In dit half uur beslechten we de dilemma's en krijg je antwoorden op wanneer het voor jou tijd is om de volgende stap te zetten.
Putting the SPARK into Virtual Training.pptxCynthia Clay
This 60-minute webinar, sponsored by Adobe, was delivered for the Training Mag Network. It explored the five elements of SPARK: Storytelling, Purpose, Action, Relationships, and Kudos. Knowing how to tell a well-structured story is key to building long-term memory. Stating a clear purpose that doesn't take away from the discovery learning process is critical. Ensuring that people move from theory to practical application is imperative. Creating strong social learning is the key to commitment and engagement. Validating and affirming participants' comments is the way to create a positive learning environment.
"𝑩𝑬𝑮𝑼𝑵 𝑾𝑰𝑻𝑯 𝑻𝑱 𝑰𝑺 𝑯𝑨𝑳𝑭 𝑫𝑶𝑵𝑬"
𝐓𝐉 𝐂𝐨𝐦𝐬 (𝐓𝐉 𝐂𝐨𝐦𝐦𝐮𝐧𝐢𝐜𝐚𝐭𝐢𝐨𝐧𝐬) is a professional event agency that includes experts in the event-organizing market in Vietnam, Korea, and ASEAN countries. We provide unlimited types of events from Music concerts, Fan meetings, and Culture festivals to Corporate events, Internal company events, Golf tournaments, MICE events, and Exhibitions.
𝐓𝐉 𝐂𝐨𝐦𝐬 provides unlimited package services including such as Event organizing, Event planning, Event production, Manpower, PR marketing, Design 2D/3D, VIP protocols, Interpreter agency, etc.
Sports events - Golf competitions/billiards competitions/company sports events: dynamic and challenging
⭐ 𝐅𝐞𝐚𝐭𝐮𝐫𝐞𝐝 𝐩𝐫𝐨𝐣𝐞𝐜𝐭𝐬:
➢ 2024 BAEKHYUN [Lonsdaleite] IN HO CHI MINH
➢ SUPER JUNIOR-L.S.S. THE SHOW : Th3ee Guys in HO CHI MINH
➢FreenBecky 1st Fan Meeting in Vietnam
➢CHILDREN ART EXHIBITION 2024: BEYOND BARRIERS
➢ WOW K-Music Festival 2023
➢ Winner [CROSS] Tour in HCM
➢ Super Show 9 in HCM with Super Junior
➢ HCMC - Gyeongsangbuk-do Culture and Tourism Festival
➢ Korean Vietnam Partnership - Fair with LG
➢ Korean President visits Samsung Electronics R&D Center
➢ Vietnam Food Expo with Lotte Wellfood
"𝐄𝐯𝐞𝐫𝐲 𝐞𝐯𝐞𝐧𝐭 𝐢𝐬 𝐚 𝐬𝐭𝐨𝐫𝐲, 𝐚 𝐬𝐩𝐞𝐜𝐢𝐚𝐥 𝐣𝐨𝐮𝐫𝐧𝐞𝐲. 𝐖𝐞 𝐚𝐥𝐰𝐚𝐲𝐬 𝐛𝐞𝐥𝐢𝐞𝐯𝐞 𝐭𝐡𝐚𝐭 𝐬𝐡𝐨𝐫𝐭𝐥𝐲 𝐲𝐨𝐮 𝐰𝐢𝐥𝐥 𝐛𝐞 𝐚 𝐩𝐚𝐫𝐭 𝐨𝐟 𝐨𝐮𝐫 𝐬𝐭𝐨𝐫𝐢𝐞𝐬."
Improving profitability for small businessBen Wann
In this comprehensive presentation, we will explore strategies and practical tips for enhancing profitability in small businesses. Tailored to meet the unique challenges faced by small enterprises, this session covers various aspects that directly impact the bottom line. Attendees will learn how to optimize operational efficiency, manage expenses, and increase revenue through innovative marketing and customer engagement techniques.
3.0 Project 2_ Developing My Brand Identity Kit.pptxtanyjahb
A personal brand exploration presentation summarizes an individual's unique qualities and goals, covering strengths, values, passions, and target audience. It helps individuals understand what makes them stand out, their desired image, and how they aim to achieve it.
Attending a job Interview for B1 and B2 Englsih learnersErika906060
It is a sample of an interview for a business english class for pre-intermediate and intermediate english students with emphasis on the speking ability.
Affordable Stationery Printing Services in Jaipur | Navpack n PrintNavpack & Print
Looking for professional printing services in Jaipur? Navpack n Print offers high-quality and affordable stationery printing for all your business needs. Stand out with custom stationery designs and fast turnaround times. Contact us today for a quote!
Kseniya Leshchenko: Shared development support service model as the way to ma...Lviv Startup Club
Kseniya Leshchenko: Shared development support service model as the way to make small projects with small budgets profitable for the company (UA)
Kyiv PMDay 2024 Summer
Website – www.pmday.org
Youtube – https://www.youtube.com/startuplviv
FB – https://www.facebook.com/pmdayconference
[Note: This is a partial preview. To download this presentation, visit:
https://www.oeconsulting.com.sg/training-presentations]
Sustainability has become an increasingly critical topic as the world recognizes the need to protect our planet and its resources for future generations. Sustainability means meeting our current needs without compromising the ability of future generations to meet theirs. It involves long-term planning and consideration of the consequences of our actions. The goal is to create strategies that ensure the long-term viability of People, Planet, and Profit.
Leading companies such as Nike, Toyota, and Siemens are prioritizing sustainable innovation in their business models, setting an example for others to follow. In this Sustainability training presentation, you will learn key concepts, principles, and practices of sustainability applicable across industries. This training aims to create awareness and educate employees, senior executives, consultants, and other key stakeholders, including investors, policymakers, and supply chain partners, on the importance and implementation of sustainability.
LEARNING OBJECTIVES
1. Develop a comprehensive understanding of the fundamental principles and concepts that form the foundation of sustainability within corporate environments.
2. Explore the sustainability implementation model, focusing on effective measures and reporting strategies to track and communicate sustainability efforts.
3. Identify and define best practices and critical success factors essential for achieving sustainability goals within organizations.
CONTENTS
1. Introduction and Key Concepts of Sustainability
2. Principles and Practices of Sustainability
3. Measures and Reporting in Sustainability
4. Sustainability Implementation & Best Practices
To download the complete presentation, visit: https://www.oeconsulting.com.sg/training-presentations
Implicitly or explicitly all competing businesses employ a strategy to select a mix
of marketing resources. Formulating such competitive strategies fundamentally
involves recognizing relationships between elements of the marketing mix (e.g.,
price and product quality), as well as assessing competitive and market conditions
(i.e., industry structure in the language of economics).
2. www.aheribrands.agency
A serial entrepreneur will often come
up with an idea and get things started,
but then give responsibility to someone
else and move on to a new idea and a
new venture.
What Makes An Entrepreneur A Serial
Entrepreneur?
You might ask…
3. www.aheribrands.agency
“How many companies should I have
started to be called a serial entrepreneur?”
You do not become a serial entrepreneur by
creating an X or Y number of ventures.
Serial entrepreneurs stand out, be it
personally or professionally. They love to
take risks, are highly optimist, and have a
long-term vision.
