WHAT IS AN ENTREPRENEUR?

Baylee

WHAT IS AN ENTREPRENEUR?

An entrepreneur is a person who

accepts a financial project and who is

willing to accept the dangers of

setting up a new commerce.

C H A R A C T E R I S T I C S O F A N E N T R E P R E N E U R

•High level of Creativity

•Make fast decisions

•Make decisions without the help of data

•Confidence and resolve to take risks

•Have a very independent spirit

1. Write a Business Plan

2. Business Assistance and

Training

3. Choose a Business

Location

4. Finance your Business

5. Determine the Legal

Structure of your Business

STEPS TO STARTING BUSINESS

6. Register a Business Name

7. Get a Tax Identification Number

8. Register for State and Local

Taxes

9. Obtain Business Licenses and

Permits

10. Understand Employer

Responsibilities

W H AT 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 O Y E E A N D A N E M P L O Y E R ?

Employee-A Person working for another Person or a

business firm for pay.

Employer-A Person or business that employs one or more

people, especially for wages or salary.

A employee is who a employer employs. The employee

works for the employer.

W H AT 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 A G E R A N D A N E N T R E P R E N E U R ?

1. A entrepreneur will perceive a opportunity, a manager only comes in after the

project is done.

2. Entrepreneurs are more concerned with the launching of a business, a

manager are more concerned about the operation of a on going business.

3. Manager are business management specialists, Entrepreneurs are generalists.

4. Entrepreneurs are street smart, managers are school smart.

5. Entrepreneurs freedom is their highest priority, managers security is their

main priority.

WHY PLAN?

What do we sell?

To whom do we sell?

How do we beat the competition?

The most important reason for a entrepreneur to

plan is so they can set a direction for the business.

THE FOUR D’S OF SUCCESS

Discovery-Looking at and describing

when you thought you were successful

Dream-Envisioning what might be

Design-Create the design of your

business

Destiny-Discovery, Dream, and Design

fulfill your destiny.

I N N O VAT I O N A N D B U S I N E S S C R E AT I O N

What is Innovation?

Innovation is a invention to the market. Or improving a

product that is already made.

What makes a business successful?

Inventing and improving products. Selling to good

companies.

COCO CHANEL

Chanel

EARLY YEARS

Her given name is Gabrielle Bonheur

Chanel. She was born in to poverty in

France. Her mother died and her father

abandoned her to a orphanage. She was

born August 19, 1883.

B E C O M I N G A FA M O U S FA S H I O N D E S I G N E R

After a brief period as a shop girl, she became a café

singer. Later she became associated with a series wealthy

men in 1913, with financial assistance from one of them she

opened a small shop in Deauville. Within five years of her

original use of jersey fabric toe create a “poor girl” look

had attracted the attention of wealthy women seeking relief

from the corseted style.

I N H E R L A S T Y E A R S O F FA S H I O N D E S I G N I N G

She closed her couture house in 1939 with the outbreak of

World War 2. She returned in 1954 to introduce her highly

imitative suit design. After her death in January 10, 1971,

her couture house was ran by different designers. This

situation stabilized in 1983, when Karl Lagerfeld became

leading designer.

CONCLUSION

Chanel had a pretty rough life but it came out great! Becoming a café singer got the attention of wealthy young men. One special man gave her the financial support she needed to open her own shop. She ran this company for almost six decades. Since her death it is still a known company.

WEB RESOURCES

http://

www.britannica.com/EBchecked/topic/105474/Coco-Chanel

http://www.brainz.org/what-entrepreneur/

www.ezinearticles.com