3.  The actual definition of an entrepreneur
is a person who organizes and operates
a business or businesses, taking on
financial risk to do so
 Basically working for yourself

4.  Inner drive to succeed
 Competitive
 Passion for what your doing
 Highly motivated
 Not afraid to take risks or fail

5.  Communication
 Organization
 Leadership
All these are necessary to be an
entrepreneur, but they are also
beneficial in life in general

6. Communication
 Having the ability to communicate face
to face and also through technology in
today’s high tech world effectively
 Email , Text messaging, Skype (Video
Conference), Social Media, etc..

7. Communication
 Written communication skills are vital so
there is no confusion in what is really
meant with what’s said

8. Organization
 Simply being organized
 Being prepared and ready
 Know where “tools” are so effective
procedures can be carried out

9. Leadership
 Earned not given
 Ability to lead others by example and
influence
 Having the respect of those around you
 Learns from mistakes and keeps moving
forward
 Decisiveness

10.  Though you don’t have to join the
military to develop leadership skills, the
video on the next slide shows how the
Marine Corps is all about leadership.
Leadership is the same set of skills no
matter what profession your involved
with.

12.  Write a well written business plan that
you can follow to set goals for your new
company
 A mission statement needs to be in your
business plan that sets the main ultimate
goal you have for success
 A business plan is generally required if
seeking financial assistance

13.  Once your business is up and running to
keep it afloat you need customers.
 Advertisements are everywhere so take
advantage of all the different ways to
advertise whether it be online, in a
newspaper, or on a billboard.

14.  Word of mouth is the best form of
advertising so you have to set a fair price
and provide great customer service.
 Without the customers, you have no
business.

15.  Once an established business is up and
running its up to the entrepreneur to
utilize the skills needed to continue to be
successful.