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Entrepreneurship Pathways Center Workshop

Entrepreneurship Pathways Center Workshop. Ray Yancey, Career Development Specialist The Brockton Area Workforce Investment Board caseworker1@comcast.net. WHO AM I?. Introductions. Introduction. Who is John D. Rockefeller? Entrepreneurs who have failed. Success and Failure.

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Entrepreneurship Pathways Center Workshop

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  1. Entrepreneurship Pathways Center Workshop Ray Yancey, Career Development Specialist The Brockton Area Workforce Investment Board caseworker1@comcast.net

  2. WHO AM I?

  3. Introductions

  4. Introduction • Who is John D. Rockefeller? • Entrepreneurs who have failed. • Success and Failure

  5. What is an Entrepreneur? • An ENTREPRENEUR is an individual who formulates a new idea in the form of a firm, business, or venture and carries it successfully into the economy.

  6. What is Entrepreneurship? • ENTREPRENEURSHIP is the practice of starting a new business or reviving an existing business, in order to capitalize on new found opportunities.

  7. Name that entrepreneur?

  8. Name that entrepreneur?

  9. Name that entrepreneur?

  10. Name that entrepreneur?

  11. Entrepreneurs: • Becomes aware of the need (product or service) • Creates a business to fulfill that need • Do NEW things or do old things in NEW ways. • CREATIVE

  12. “Why didn’t I think of that?”

  13. 4 Essentials of an Entrepreneur Creativity • Courage Vision Ideas

  14. What does it mean to be Creative? • TO THINK OUT OF THE BOX. • Creativity refers to the phenomenon where a person creates something new with some kind of value. • What is creativity to you?

  15. What is an Idea? • An IDEA is the main thing you are thinking. • The IDEA is the thought of a new product or service the entrepreneurs plans to create or update.

  16. What does it mean to have Vision? • An entrepreneur with VISION has sight or sees the potential of having a successful idea. • What must be accomplished is clear. • The future has become a VISION.

  17. What is Courage? • In terms of entrepreneurship courage is the ability to confront risk, uncertainty, or fear of not being successful. • With courage you can accomplish yours goals. • How do you build courage?

  18. Reallionaire, 21st Century CEO

  19. Entrepreneurship Facts of 2010 • 66% of entrepreneurs claim they were inspired be innate desire, not education or training • 50% of US businesses are home based • 25% of entrepreneurs say they will commit more resources to social media • Less than 1% of entrepreneurs came from extremely rich backgrounds

  20. Entrepreneurship Facts of 2010 • 40% of entrepreneurs have a high school education or less • Women succeed as often as men • Most entrepreneurs did not plan to own a business, but it came about because of a circumstance • Fired/Laid off • Need for more money

  21. Is Entrepreneurship for YOU Independence Money Employment Family & Work Balance Personal Satisfaction

  22. Independence • To become the BOSS!

  23. Money • To get RICH!

  24. Employment • JOB options!

  25. Family & Work Balance • More TIME for FAMILY! • Less child care cost

  26. Personal Satisfaction • Create HAPPINESS & satisfaction!

  27. Do you think about being a business owner? ACTIVITY

  28. ASSESSMENT

  29. Is business ownership for you? Businesses fall in 2 categories.

  30. Services Products

  31. CREATIVE THINKING

  32. “Ordinary People Doing Extraordinary Things”

  33. Entrepreneurship Jeopardy Entrepreneurship Jeopardy Click here:____

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