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Entrepreneurship: Make Your Mark!

Discover the essence of entrepreneurship - the spirit of creative risk-taking and venturing into new opportunities to create value. Learn from iconic entrepreneurs like Bill Gates and Oprah Winfrey, and explore entrepreneurship at Arizona State University. Leverage university knowledge, resources, and initiatives like the Edson Student Entrepreneur Initiative to kickstart your entrepreneurial journey. Dive into the global market context, where economic, environmental, and social factors present both challenges and opportunities for budding entrepreneurs to leave their mark. What impact will you make in this dynamic landscape?

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Entrepreneurship: Make Your Mark!

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  1. Entrepreneurship:Make YourMark! Presenter Name, Ph.D. Presenter Title, Arizona State University  Last updated 08-21-07   www.asu.edu/asu101

  2. Definition: Entrepreneurship“The Spirit of Creative Risk Taking” Creating new ventures that generate and capturevalue by realizing opportunities through creativity, innovation, knowledge, skill and passion while assembling resources and managing risks! Entrepreneurship is the act of:

  3. Venture Creation For-Profit, Non-profit (NGO), Governmental, “Fourth Sector” Hybrid

  4. Sample Entrepreneurs* • Bill Gates, the world’s richest man and co-founder of Microsoft • Tony Hawk, Professional Skateboarder, founded Birdhouse Skateboards and Hawk Clothing (sold to “Quicksilver”) • Lillian Vernon, catalog retailer (first woman-owner enterprise to be traded on the American Exchange) • Richard Branson founder of Virgin companies • Mary Kay Ash, founder of Mary Kay cosmetics • Madame C.J. Walker, first self-made African American millionaire • Oprah Winfrey, entertainer, artist, founder of a media empire. • Muhammad Yunus (Bangladesh) - Founder of microcredit. Winner of 2006 Nobel Peace prize Partially based on list in Famous Entrepreneurs at http://entrepreneurs.about.com/od/famousentrepreneurs/Famous_Entrepreneurs.htm

  5. Who is an Entrepreneur in the area you are interested in? • The arts? • Politics? • Social justice? • Business? • Architecture? • Athletics? • Sciences?

  6. Entrepreneurship at ASU • Involves all majors and disciplines • Leverages university knowledge • Spurs social development and economic competitiveness • Learn about Entrepreneurship at ASU: • http://www.asu.edu/ui/entrepreneurship/about/

  7. Entrepreneurship at ASU • University as Entrepreneur initiative – Kauffman Foundation http://entrepreneurship.asu.edu Resources for Student Ventures at ASU: • The Edson Student Entrepreneur Initiative provides student-led teams with the resources such as office space, funding and training to start a new venture: http://www.studentventures.asu.edu/ • Entrepreneurial Advantage Projects provide student-led teams with early funding to assist in the development of business concepts, prototypes, non-profit concepts, art exhibitions and other student-led initiatives. http://www.studentventures.asu.edu/

  8. Global Market Context Environment Economy Society People, Planet & Profits

  9. Global Market Context • Economic: Globalization • Global Web-Enabled Playing Field • 3 Billion People In the Game, More to Follow • Environmental: System-Wide Stress • Water, Air, Climate, Agriculture, Fisheries, etc. • Global issues, Local solutions • Social: Two Worlds • Developed and Developing • 1B live on less than $1 per day

  10. Problems? Opportunities? Global Market Context Environment Economy Society People, Planet & Profits

  11. Entrepreneurship:What will be YourMark?

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