The document discusses the characteristics and skills of entrepreneurs. It defines an entrepreneur as an innovative individual who starts a business, taking on financial risk to implement their ideas. Entrepreneurs tend to be better students in high school than college, come from middle-class families, and have high self-esteem. They are natural leaders who are not satisfied working under others. Creativity, critical thinking, and a willingness to take risks are also key skills of entrepreneurs. Starting a business allows personal growth and independence through pursuing novel ideas.

1. Dreams Come True If You Allow Them To
By: Leanna Kirch
Entrepreneurship

2. What Is an Entrepreneur?
● An Entrepreneur is a creative and innovative
individual who implements ideas to start a
business.
■ Create a job for themselves and
potentially for others.
■ They ultimately take on a great amount
of financial risk.
● Not all entrepreneurs start a business to
achieve a higher profit, most are trying to
expand on their ideas.

3. Who Becomes An Entrepreneur?
● Entrepreneurs
○ did better in high
school than they did in
college.
○ come from middle
class or upper-lower
class families
○ have high self- esteem
and close peer
connections
● Entrepreneurial values
usually begin to appear
during youth.

4. Leadership Skills
● Entrepreneurs are natural born
leaders.
● More than half of all entrepreneurs
were not satisfied while working
under someone else.
● A majority of entrepreneurs were
the first in their families to launch a
business.
Leadership Skills are shaped by:
○ Negative and positive family
influences
○ Previous life experiences
○ Past occupations
○ Childhood

5. Creativity and Critical Thinking
● Entrepreneurs are the
most creative individuals
in society.
● Entrepreneurs have the
ability to invent, combine
concepts and compose
novel ideas.
● New discoveries are
uncovered by the
entrepreneurial mind.
● The generation of new
ideas is a critical part of
entrepreneurship

6. The Risk of Entrepreneurship
● Entrepreneurs are not afraid to take risks or
deal with change
○ have elevated initiative
○ determined to go through with their ideas
○ willing to endure any consequences
● There’s a chance of failure, especially if the
managing individual cannot focus on only
one thing at a time.
● Approaches toward the project are shaped
by existing constraints
○ Pressures cause an individual to go about things in a
different way

7. Useful Ideas
● The lifeblood of
entrepreneurship is
novel and beneficial
ideas
○ Ideas must be rational
and well-thought
through
○ Original ideas have
the potential of
generating revenue
○ Ideas must appeal to
a particular market

8. The Skills Possessed
● Tenacity/ stubbornness
● Motivation
● Courage
● Determination
● Self-Discipline
● Creative
● Confidence
● Open minded
● Competitive
● Outgoing
● Passion

9. Why Starting a Business Could
Benefit you
● Entrepreneurial success is
the greatest way to achieve
personal growth, as well as
possible fortune and
independence.
○ The benefits in the long run
are endless; it’s just a matter
of formulating ideas and
acting upon them.
○ Occupational independence
○ Ability to improvise on
thoughts and ideas

10. ASK ME FOR
GREENGATE
STICKERS!!!

12. Now You Get to Make Marshmallow
Towers...
● You will be provided with:
○ 20 sticks of spaghetti
○ 10 toothpicks
○ 2 ft. of string
○ 3-4 in. of duct tape
○ 4 large marshmallows
○ 5 small marshmallows
○ 1 green marshmallow
● I will put you into groups of 3 or 4
● Your group will be given 7 minutes to build the tallest tower
possible with the materials provided.
○ It is recommended that your group take a few minutes to
brainstorm, but it is not required
○ The green marshmallow must be at the top of your tower
○ After the 7 minutes is up, the group with the tallest tower
wins!
ALL of you will get marshmallows to eat after the activity, so
please refrain from eating the ones I've provided

13. Works Cited
Burns, Paul. Entrepreneurship and Small Business. Palgrave Macmillan Limited, 2001. Print.
Peredo, Ana Maria and Chrisman, James J., Toward a Theory of Community-Based Enterprise (August
10, 2004). Academy of Management Review, Vol. 31, No. 2, pp. 309-328, 2004. Available at SSRN:
http://ssrn.com/abstract=1190122
Sambrook, Sally, Henley, Andrew, Jones, Karen and Norbury, Heather, A Biographical Approach to
Researching Leadership and Entrepreneurship Development Processes in a Small Business
Context (October 1, 2011). Bangor Business School Research Paper No. 11/004. Available at
SSRN: http://ssrn.com/abstract=1952667 or http://dx.doi.org/10.2139/ssrn.1952667
Wadhwa, Vivek, Holly, Krisztina, Aggarwal, Raj and Salkever, Alex, Anatomy of an Entrepreneur:
Family Background and Motivation (July 7, 2009). Kauffman Foundation Small Research Projects
Research. Available at SSRN: http://ssrn.com/abstract=1431263 or http://dx.doi.org/10.2139/ssrn.
1431263
Ward, Thomas B. "Cognition, Creativity, and Entrepreneurship." Journal of Business Venturing (2003):
1-16. Elsevier Science Inc., 2003. Web. 25 Mar. 2013.