Entrepreneurship

Entrepreneurship

• How many people want to:– Own their own business– Be their own boss– Determine their own hours– Possibly work from home– Bring their ideas to life

Entrepreneurship

• Always have been a part of our society• A person who organizes, managers, and

assumes the risks of starting and operating a business

• Start a business for profit or different goals (helping others)

Mr. Lovett: Entrepreneur

• Started at a young age: Selling the most chocolate bars for a school fundraiser– Found different ways to sell the chocolate bars

(basketball tournaments, outside stores, etc)

• Basketball score keeping/refereeing business• Pool Business• BCI: Mustang Market

Entrepreneur Concerns

• With a group of 4-5 brainstorm all of the concerns an entrepreneur would have

• In other words.....what does the owner of a business have to think through before opening his/her business

• Example: Must find financing for inventory/supplies

• Find at least 25 things

The Mustang Market

• I need your help• The Mustang Market has been operational for

a few months now, but...• .....is there something I am

missing? Opportunities being lost?

• If you were to run it – whatwould you do differently?

Entrepreneurship at BCI

• In groups of 3• Think of possible business opportunities

at the Mustang Market• What needs do you have as a student of

BCI that isn’t being met• Brainstorm a good business ideas– Not just items to sell in the store– Examples:

• Ways to promote the mustang market• Ways to distribute goods• How to get feedback from staff and students• What additional things need to be done to

make this a fully functional store