entrepreneurship as a career option
DESCRIPTION
Growth Expert Gian Fiero's presentation on what it takes to takes to become, and succeed as an entrepreneur.TRANSCRIPT
Entrepreneurship
As A Career Option
Entrepreneur: Definition
One who organizes, manages, and assumes the risks of a business or enterprise.
Entrepreneurship: The Verb
The undertaking of such an activity or activities.
10 Common Characteristics
1. Vision
2. Ability to create/increase value
3. Mastery Knowledge
4. Focus
5. Communication Skills
6. Networking Skills/Allies
7. Passion
8. 10 Thousand Hours
9. Confidence
10. Fortitude
?
Entrepreneur Facts
It’s not for everybody! 60% of all businesses ventures fail. Business owners have a higher rate
of marriage failure and stress, and stress related illnesses than employees.
75% of start-ups and new businesses secure financing through the “informal investing grapevine.
Entrepreneur Influences
Circumstances (recently laid off or fired?
Can’t find a job to match interests/skill set)
Lack of opportunities (employment, greater pay, utilization of talent, respect, flexibility, etc.)
Desire for greater control? More responsibility? Lifestyle?
Entrepreneur Facts
55,000,000 jobs 500 employees 40% women owned
Entrepreneur Facts
No 401K No Medical/Dental Benefits No days off No paid vacation
The Alternative?
Free Yourself!
Your skills, talents, and education provide you with many of the tools you need to establish your own business. All you need is courage.
Divergent & Convergent Thinking
College Degree? Or Degreed thinker?
Intelligence Matters
Evaluate your passion, question your motives, use your intelligence…and the intelligence of others.
Do Work That Matters!
Purposeful Engagement
Do Work That Matters!
The Scientific Purpose of Passion
Choose Your Poison
Product or Service?
Know This…
Business ideas are not
bu$ine$$ opportunities…
unless they solve problems.
Achieve This…
Entrepreneur Success Formula
1. Solve Problems
2. Fulfill Needs
3. Cater To Desires
Learn
The 6 Steps to Solving Problems
You CAN Be An Entrepreneur
Thomas Edison
What problem did he solve?
Walt Disney
What problem did he solve?
Simon Cowell
What problem did he solve?
Berry Gordy
What problem did he solve?
Larry Page & Sergey Brin
What problem did they solve?
Mark Zuckerberg
What problem did he solve?
Tess Taylor
What problem did she solve?
Dr. Dre
What problem did he solve?
Ryan Blair?
Ryan Blair?
Entrepreneurs Fail Because…
1. Lack of funding
2. Mismanagement
3. Ineffective Marketing
The Truth
Either you become an entrepreneur…
or you work for one.
Conclusion
Entrepreneurshi
p As A Career
Option