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Module 1 PPT GE 11

This module introduces entrepreneurship and the entrepreneurial perspective. It will define entrepreneur and entrepreneurship, describe different entrepreneurial careers and lifestyles, explain what drives entrepreneurs to solve problems, and compare entrepreneurial opportunities globally. The document outlines that entrepreneurship involves creating a new business or venture that involves some risk when pursuing an opportunity. It discusses lifestyle businesses versus those aimed at growth, and describes entrepreneurs as problem solvers who identify issues and work to solve them. The module also addresses social entrepreneurship and how entrepreneurs develop visions, missions, and value propositions for their ventures.
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0% found this document useful (0 votes)
88 views

Module 1 PPT GE 11

This module introduces entrepreneurship and the entrepreneurial perspective. It will define entrepreneur and entrepreneurship, describe different entrepreneurial careers and lifestyles, explain what drives entrepreneurs to solve problems, and compare entrepreneurial opportunities globally. The document outlines that entrepreneurship involves creating a new business or venture that involves some risk when pursuing an opportunity. It discusses lifestyle businesses versus those aimed at growth, and describes entrepreneurs as problem solvers who identify issues and work to solve them. The module also addresses social entrepreneurship and how entrepreneurs develop visions, missions, and value propositions for their ventures.
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
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Module 1.

The Entrepreneurial
Perspective
GE 11- THE ENTREPRENEURIAL PERSPECTIVE
By the end of this module, you will be able to:

•Define entrepreneur and entrepreneurship


•Describe types of entrepreneurial careers and lifestyles
•Understand entrepreneurs as problem solvers
•Explain current factors driving the growth of entrepreneurship
•Compare differences in entrepreneurial opportunities around the globe
What is
entrepreneur?
Entrepreneurship Today

An entrepreneurial venture is the creation of any


business, organization, project, or operation of interest that
includes a level of risk in acting on an opportunity that has
not previously been established.
The difference between risk and calculated risk is due
diligence, or conducting the necessary research and
investigation to make informed decisions that minimize risk.

Within the entrepreneurial world,

lifestyle venture

harvest 
Lifestyle venture
The Entrepreneur as a Problem Solver
• What are some challenges you face in your life?
• Have you ever actively thought about how you could solve those
problems?
• Or have you actively identified exactly what the problem is from an
analytical perspective?

Often, when we start to explore the problem, we find that it has multiple
causes. Among them are:
•The need for something to be better, faster, or easier
•The effects of changes in world on your industry, product, or service
•Market trends based on geography, demographics, or the psychology of the
customers
Entrepreneurship around the Globe
Social and Environmental Issues and Opportunities

A social entrepreneur has
an interest in solving a
social, environmental, or
economic problem.
Entrepreneurial Vision
and Goals
•A vision statement is the picture you have for what
the venture will become in the future: what it will
grow into.

•The mission statement is a formal declaration


about what the venture will do, what value it will
provide to the end customer, and how it will
accomplish this action.

•The value proposition is a summary statement that


conveys the benefits your product, service, or unique
business process/model provides to customers. This
•An entrepreneurial
vision considers what you
want your venture to become,
what this venture will look
like, what the driving forces
are, and what values and
culture should surround it.
Creative
Approaches to
Developing
Your Vision
• Design thinking
• Brainstorming
• Mind mapping
Achieving Balance

•A career entrepreneur is someone who takes on


the daily management as the owner of the venture,
accepting, and perhaps enjoying, the daily risks
and rewards of managing and building the venture
The Importance
of Goals
Entrepreneurial Mindset
An awareness and focus on identifying an opportunity through
solving a problem, and a willingness to move forward to advance that
idea. The entrepreneurial mindset is the lens through which the
entrepreneur views the world, where everything is considered in light
of the entrepreneurial business.

“what if”
Thank you!

-Ma’am Lyle

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