Entrepreneurs
What is an
Entrepreneur?
An Entrepreneur…
… takes on the risk of starting
their own enterprise or
investing in other start-ups.
Successful
entrepreneurs are
known for…
… Finding innovation and
market gaps for new products
and services.
Entrepreneur – Origin of the term
ENTREPRENDRE
(19TH C. FRENCH WORD):
means ‘somebody who undertakes’.
Definition of an
Entrepreneur
An entrepreneur is someone
“who sets up a business or
businesses, taking on financial
risks in the hope of profit”.
(Oxford Dictionaries definition)
Entrepreneurs and Risk
Entrepreneurs are often stereotyped as high-stakes
gamblers….
… but successful entrepreneurs only take calculated
risks.
Entrepreneurial Traits
•
•
•
•
•
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Persistence
Self-esteem
Discipline
Resourcefulness
Being streetwise
Passion
Entrepreneurs and Angel Investors
‘Entrepreneurs’ chiefly describes people starting their
own business.
Angel investors only invest their capital in other
people’s start-up businesses.
Well-known Entrepreneurs include…
NEW ZEALAND
• Sam Morgan (TradeMe), AJ Hackett (bungee
jumping), Karen Walker (fashion designer)
INTERNATIONAL
• Richard Branson (Virgin empire), Steve Jobs (Apple
and Pixar), Thomas Edison (General Electric)
Find out more with Business.govt.nz:
Business.govt.nz provides free access to a wide range of resources,
including tools and interactive content. It acts as a gateway to government
and private sector business information, news and services.
Next steps:
• Before buying a business
• Assess the health of your marketing
• Cash flow forecasting
• How much money do you need to start a business?
• Quick start business plan tool
• Determining if you are in business