ENTREPRENEURSHIP

BY

EGDP Trainer

Who is an Entrepreneur?

Someone who "organizes,

manages, and assumes the risks of

a business for a profit."

Example of Entrepreneurs

1. S.K. Macharia – Royal Media Group

2. Mrs. Okello – Makini Group of Schools

3. Manu Chandaria-Chandaria Industries

4. Osewe-Ranalo Restaurant

5. Oprah Winfrey- Oprah Show

6. Bill Gates – Microsoft

Characteristics of Entrepreneurs

1. Self Control

2. Self Confidence and hard work

3. Sense of urgency

4. Comprehensive awareness & Conceptual Ability

5. Status Requirements external to the individual

6. Interpersonal relationship

7. Passion for success

8. Good money management

9. Strong sense of leadership

Irrelevant Characteristics for Entrepreneurs

1. Age: one can be an entrepreneur at any age

2. Gender: male or female, it’s the solution offered that matters.

3. Marital Status

4. Education level: knowledge and skill are key, mode of acquisition notwithstanding

Why People Do Business

Exercise control that is usually absent in

formal employment

Creativity

Inequity between contribution & reward

Fame & recognition

Participation in all aspects of business

Personal financial gain

Joy of winning

Thank you

For more on Entrepreneurship

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