Entrepreneurship and Small Business Management

Unit 9: Entrepreneurship and
Small Business Management
TASK 1

TABLE OF CONTENTS
• 1. DEFINE CONCEPT OF ENTREPRENEUR
• 2. TYPES OF ENTREPRENEURIAL VENTURES
• 3. CONCEPT OF ENTREPRENEURSHIP TYPOLOGY
• 4. DISCUSS RANGE OF ENTREPRENEURIAL ACTIVITIES
• 5. SCOPE OF NEW ENTREPRENEURIAL VENTURE
• 6. CRITICAL EXAMPLE OF DEVELOPMENT AND GROWTH OF
ENTREPRENEURIAL VENTURE

1. CONCEPT OF ENTREPRENEUR
Entrepreneurship can be termed as the practice of establishing and setting
up of the business by taking calculative financial risks. This activity is
followed in return of a decent amount of profitability.
Entrepreneur is that person who is supposed to set up a commercial by
enchanting up monetary risk and hope for incomes of it with his own efforts.

CONT....
The skeptical entrepreneur - This businessperson sees the victory of others and jumps interrogative him
immediately.
Copycat entrepreneur - This entrepreneur sees the accomplishment of others and tries to duplicate it correctly.
Research entrepreneur - They examine all kinds of situations and consequences for policies to start or produce a
business.
Determined entrepreneur - They see entrepreneurial worth, they understand that achievement may occur
deprived of repetition and they do their best to start or grow their occupational.
Accomplished entrepreneur - These entrepreneurs have gone finished all phases of private enterprise, building
businesses and making achievements.

Examples of entrepreneurs
Walt Disney-
He was an American animator, voice actor, entrepreneur and film producer
who started his own cartoon animation.
He is having record of having most of the Academy Awards with 22 Oscar
and 59 nominations.
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CONT....
Steve Jobs-
He was an American business man who is well acknowledged as the founder
and CEO of Apple Inc. an also the chairman of Pixar and associate with
Walt Disney company.
He was born in San Franciso California and then founded Apple Inc. with
Steve Wozniak and then died in 2011 due to Pancreatic cancer.
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CONT....
Bill Gates-
He is also an American business man, investor and philanthropist who is
best known as founder of world’s largets company Microsoft corporation.
He launched his business in year 1975 with Paul Allen which led to become
world’s largest software company.
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