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1. Maori Business SymposiumOtago University25 August 2008 Thoughts from the Hui Taumata on Entrepreneurship
2. Entrepreneurship and Maori
3. Definition of an Entrepreneur
A person who organises and manages a business assuming the risk for the sake of the potential return.
4. Definition of an Entrepreneur
A person who organises and manages a business assuming the risk for the sake of the potential return.
Risk = standing in front
of the room
Return = $10.00
5. The Aim of Business To make a profit
6. The Aim of Business To make a profit by any means necessary.
7. The Aim of Business To add value to the lives of consumers, our community and the environment at a profit
To create mutually beneficial exchange
8. The Aim of Business To add value to the lives of consumers, the community and the environment at a profit
To create mutually beneficial exchange
Money is an important tool, not the goal!
9. Role of the Entrepreneur Value Creator
e.g: Owner of the local dairy
Problem Solver
eg: Bill Gates, Technology
Innovator
eg: Henry Ford, the assembly line
Philanthropist
eg: Gareth Morgan - % of wealth to worthy causes
Job Creator
Sam Walton, Wal-mart
10. Defining Entrepreneurship Babson College’s definition:
A way of thinking and acting that is opportunity obsessed, holistic in approach and leadership balanced.
11. Defining Entrepreneurship Babson College’s definition:
A way of thinking and acting that is opportunity obsessed, holistic in approach and leadership balanced.
17. The Importing of Labour United States
Some 600,000 jobs/year at one point
U.K. Ireland
Amended Immigration policy to support economic growth, encourage foreign investment
Singapore
Out of 170 workers in its Genome Institute, 120 are from outside countries
Australia, New Zealand
Created ladders leading from university to workforce to permanent residency
25. Share your thoughts & ideas Email: shaan.stevens@huitaumata.com