An entrepreneur is a person who starts their own business and takes a risk to invest in it.
CHARACTERISTICS OF AN
ENTREPRENEUR
A high level of creativity
Have ability to make fast decisions
Makes good decisions without using data
The Confidence and resolve to take risks
Have an Independent spirit
Write a Business Plan
Get Business Assistance and Training
Choose a Business Location
Finance your Business
Determine the Legal Structure of your Business
Register a Business name
Get a Tax Identification Number
Register for State and Local Taxes
Obtain Business Licenses and Permits
Understand Employer Responsibilities
W H A T I S T H E D I F F E R E N C E B E T W E E N
A N E M P L OY E E A N D A N E M P L OY E R ?
Employee- A person working for another person or business firm for pay.
Employer- A person or business that employs one or more people
,especially for wages or salary.
An Employee who works for the person who hired them, which is the
Employer
W H A T I S T H E D I F F E R E N C E B E T W E E N A
M A N AG E R A N D A N E N T R E P R E N E U R ?
Entrepreneurs starts the operation,while mangers come in later when the operation is started.
Entrepreneurs are more concerned with how the launching goes, while the manger is more concerned with the effect on the ongoing business.
Managers are only just managing the business and entrepreneurs have to worry about keeping the company up and flowing.
Entrepreneurs learn from their mistakes, while mangers are trained to do what the do.
Entrepreneurs most important priority is freedom and Managers are security.
WHY PLAN?
What do we sell? ( what product do people want)
To whom do we sell? ( demanding
Customers)
How do we beat the competition? ( how do we get people interested)
Discovery- find positive aspects.
Dream- dream about what the design of your business will be.
Design- Began to make your business look like you want it to.
Destiny- the innovation and action that got you there.
What is Innovation? You need innovation to make a business successful
What makes a business successful? Innovation
WALT DISNEY
Walt Disney is The founder of
Disneyland and Walt Disney
World . He is also the
Producer of Walt Disney
Productions.
Walt Disney was Born December 5 1901. When Walt started school he begin showing taste and aptitude for drawing using crayons and watercolors. When he became older he took a class at the Kansas
City Art Institution and School of Design. In 1917 Walt moved back to Chicago were he was born and entered McKinley High School were he took photographs for the newspaper.
Inker
Draftsman
Delivered papers
Took photographs for the newspaper
Walt built a huge amusement park in Los Angeles around the
1950s. When Disneyland opened in 1955, much of Disney’s disposition toward regretful feeling and fantasy was obvious in its design and construction. It soon became a focal point for tourists from around the world. A second Disney park, Walt
Disney World, near Orlando, Florida, which was under construction at the time of his death, opened in 1971.
Disney’s imagination and energy, his whimsical humor, and his gift for being attuned to the moods of popular taste inspired him to develop well-loved amusements for “children of all ages” throughout the world. Although some criticized his frequently saccharine subject matter and accused him of creating a virtual stylistic monopoly in
American animation that discouraged experimentation, there is no denying his path breaking accomplishments
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