This document defines entrepreneurship and distinguishes entrepreneurs from employees. Entrepreneurship involves starting and operating a business to meet marketplace needs by providing products or services, taking on risks to do so. Entrepreneurs differ from employees in that they own their business rather than working for someone else and are subjected to both the risks and potential benefits of business ownership.

1. What is Entrepreneurship?

2. Entrepreneurship

3. After completing this lesson you will be able to:Define EntrepreneurshipDistinguish the differences between an entrepreneur and an employee

4. Terms to KnowEntrepreneurs

5. Entrepreneurship

6. Employees What is an Entrepreneur?What is an Entrepreneur?What is Entrepreneurship?People who own, operate, and take the risk of a business ventureEntrepreneurs identify unmet needs in the marketplaceThey provide a service or product to meet those needs.Reasons for becoming an entrepreneur include:the desire to set your own schedule

7. the need to work out of your home

8. the wish to pursue a personal dreamRunning a business of one’s own

9. What is an Entrepreneur?Employeeare:People who work for someone elseAre subjected to neither the risks nor benefits of business ownership

10. Entrepreneurs…Are innovative workers who help make our economic world go around!