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Entrepreneurs & Managers. TY Business. Entrepreneurs. The entrepreneur spots the opportunity in the market and has the initiative to set up a business to make money. Characteristics include: Pro-active: taking positive steps to achieve their aims Independent: don’t like to be told what to do
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Entrepreneurs & Managers TY Business
Entrepreneurs • The entrepreneur spots the opportunity in the market and has the initiative to set up a business to make money. • Characteristics include: • Pro-active: taking positive steps to achieve their aims • Independent: don’t like to be told what to do • Self-Motivated • Self Belief • Risk Taker • Ruthless/Driven • Decisive • Creative
Famous Entrepreneurs • http://www.youtube.com/watch?v=xY4VkkRhsgI • http://www.youtube.com/watch?v=VUWLgUq4KHk&feature=fvst • Steve Jobs • Steve Jobs co-founded Apple Computers with Stephen Wozniak. Under his guidance, the company pioneered a series of revolutionary technologies including the iPhone and iPad. • Richard Branson • Entrepreneur Richard Branson launched Virgin Records in 1973. Today Virgin Group holds more than 200 companies in more than 30 countries
Famous Entrepreneurs • http://www.youtube.com/watch?v=_r31rqPa3wQ&feature=related • http://www.youtube.com/watch?v=v32AABzvCyc • http://www.youtube.com/watch?v=PHzs9keop5A&feature=related • Businessman and investor Warren Buffett was born on August 30,1930, in Omaha, Nebraska. Investing by age 11, Buffett was running a small business at 13. Buffett later started the firm Buffett Partnership in Omaha, with huge success. In 2006, Buffett announced that he would give his entire fortune away to charity (est. $62 bil.), the largest act of charitable giving in United States history. • Walt Disney: Born December 5, 1901, in Chicago, Illinois, Walt Disney started a small animation studio in 1922 where he and a partner made one and two-minute animated advertising films for distribution to local movie theatres. By the1930s, he forayed into feature-length cartoons. Disneyland opened in 1955, and Walt Disney World, which was under construction at the time of his death, opened in 1971. • Mark Zuckerberg: Born on May 14, 1984, in Dobbs Ferry, New York, Mark Zuckerberg co-founded the social-networking website Facebook out of his college dorm room. He left Harvard after his sophomore year to concentrate on the site, the user base of which has grown to over 250 million people, making Zuckerberg a billionaire. The birth of Facebook was recently portrayed in the filmThe Social Network.
Managers • Managers work with people and other resources such as money and equipment to ensure that the business achieves its goals. • Characteristics include: • Decisive • Initiative • Good with people • Hard working • Flexible • Charismatic • http://www.youtube.com/watch?v=9wGkbzOk3Jc