Ch 30: Small Business Entrepreneurship
About This Chapter
Small Business Entrepreneurship - Chapter Summary
In this chapter, we explore the characteristics of an entrepreneur and their value to the marketplace. Review what makes a successful entrepreneur and the risks involved in starting one's own business. Access these lessons at any time, on any device, and even print video transcripts or text lessons for quick reference. After you have completed your review of this chapter, you should be able to do the following:
- Describe what personality types make successful entrepreneurs
- List skills needed for entrepreneurs
- Discuss the risks inherent with entrepreneurship as well as its rewards
- Identify forms of entrepreneurship
- Summarize the important role entrepreneurs play in the business market
- Define the value of entrepreneurship to the economy
1. Entrepreneurship & the Economy: Definition & Importance
Entrepreneurs fill a vitally important role in market economies. In this lesson, you'll learn about the importance of entrepreneurship, different types of entrepreneurs and how they add value to an economy.
2. Entrepreneurs: Personality Types & Characteristics
Being able to take an idea or product and build a business around it requires great determination. In this lesson, we'll look at what characteristics an entrepreneur might possess to succeed in selling ideas or products.
3. Entrepreneurs: Required Skills & Competencies
Entering the world of entrepreneurship requires a variety of skills and competencies to help support success. Use the information in this video to understand what factors lead to success for a small business owner.
4. Common Forms of Entrepreneurship
Creating a new product and being brave enough to try and sell it can lead to exciting things for an entrepreneur. In this lesson, we'll learn the four common forms of entrepreneurship and their characteristics.
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Other Chapters
Other chapters within the Intro to Business: Help and Review course
- The Dynamic Business Environment: Help and Review
- Business Morality & Code of Conduct: Help and Review
- Economics and Business: Help and Review
- Business in Global Markets: Help and Review
- Forms of Business Ownership: Help and Review
- Entrepreneurship and Small Business: Help and Review
- Managing and Leading in Business: Help and Review
- Leadership Styles in Business: Help and Review
- Organizational Management: Help and Review
- Project Management Basics: Help and Review
- Business Production and Operations: Help and Review
- Workplace Productivity & Motivation: Help and Review
- Basics of Human Resources: Help and Review
- Managing the Employer-Worker Relationship: Help and Review
- Business Marketing Basics: Help and Review
- Product Development and Retailing: Help and Review
- Product Distribution & Supply Chain Management: Help and Review
- Pricing Strategy in Marketing: Help and Review
- Product Promotion in Business: Help and Review
- MIS Basics in Business: Help and Review
- Implications of Information Technology: Help and Review
- Risk Management in Business: Help and Review
- Accounting Basics: Help and Review
- Financial Management in Business: Help and Review
- Securities Markets and Business: Help and Review
- Lean in Business
- Money and Financial Institutions: Help and Review
- Strategic Planning for Small Businesses
- Small Business Analysis Models
- Ethical Behavior & Social Responsibility in Small Business
- Product Pricing for Small Business
