Post on 13-Sep-2014
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transcript
Characteristics of an
EntrepreneurHow many can you name?
How much do you know?
You have 3 minutes to
cheat!
You need…• Pen/Pencil• Paper• Brain
DO…• Answer the question on
your paper
• Shout out the answerDON’T…
DO…• Write the entire
question on your paper
• Write just the answerDON’T…
True or FalseEntrepreneurship is the person that recognizes a
business opportunity.
True or False
FALSE
AnswerWhat percentage of US
firms are small businesses?
True or False
99%
True or FalseA small business is
independently owned and usually employs fewer than
200 people.
True or False
FALSE
ListName 2 rewards to being an
entrepreneur.
List1. Being the Boss2. Doing What You Enjoy3. Be Creative4. Build an Enterprise
True or falseA challenge to owning your own business is being fully
responsible for the business.
True or False
TRUE
True of FalseA vision statement helps establish the scope and purpose of a business.
True or False
TRUE
AnswerWhat is an executive
summary?
AnswerKey points of the business plan that is no more than 1 page long and includes important information from each section of the plan.
AnswerName 5 parts of a
business plan.
True or False1. Management Team Plan2. Company Description3. Product/Service Plan4. Vision and Mission
Statements5. Industry Overview6. Market Analysis7. Competitive Analysis8. Marketing Plan9. Operational Plan
10. Organizational Plan11. Financial Plan12. Growth Plan13. Contingency Plan14. Cover Letter15. Table of Contents16. Supporting Documents