TAILIEUCHUNG - Lecture Entrepreneurship: Chapter 1 - William D. Bygrave, Andrew Zacharakis, Sean Wise

Chapter 1 The power of entrepreneurship. The topics discussed in this chapter are: Characterize the entrepreneurial process, describe entrepreneurship and some characteristics of entrepreneurs, indicate three megatrends providing waves of entrepreneurial opportunities, list and describe the seven principles of entrepreneurial finance,. | Entrepreneurship Canadian Edition William D. Bygrave, Andrew Zacharakis, Sean Wise 1 THE POWER OF ENTREPRENEURSHIP Chapter 1 2 2 3 Learning Objectives Entrepreneurship and Small Business in Canada Learning Objective Describe entrepreneurship and small business in Canada. Causes of the Entrepreneurial Revolution Learning Objective Outline the causes of the entrepreneurial revolution. Global Entrepreneurship Monitor (GEM) Learning Objective Describe what is the Global Entrepreneurship Monitor (GEM). Principal Findings from GEM Learning Objective Outline the principle findings from GEM. Twenty-First-Century Economies: Anglo-Saxon or Social Models Learning Objective Compare the Anglo-Saxon economic system and the social model. 3 Key Concepts Entrepreneur Creative destruction Adversity quotient 4 4 History’s Greatest Entrepreneurs? Jobs & Wozniak H. Ross Perot Ray Kroc Benjamin “Bugsy” Siegel Henry Ford Thomas Edison The Google Boys Elon Musk Jack Dorsey Temujin aka Genghis Khan 5 5 What Do All Great Entrepreneurs Have in Common? Internal Locus of Control High Adversity Quotients Post Facto Success Actions lead to creative destruction Found 10x Solutions Had huge $$$$ exit 6 6 How Would You Define: Entrepreneur Entrepreneurship Opportunity Startup 7 7 Definition of Entrepreneurship An entrepreneur is the person who destroys the existing economic order by introducing new products and services, by introducing new methods of production, by creating new forms of organization, or by exploiting new raw materials. Creative Destruction. Schumpeter An entrepreneur is the person who perceives an opportunity and creates an organization to pursue it. Simpler 8 8 Business in Canada Data from Industry Canada, Canadian ICT Statistical Review 9 9 5-year Survival Rates 1 YEAR 2 YEARS 5 YEARS 10 10 New Technology Adoption 11 11 Shifting Influences on Entrepreneurship 12 12 Entrepreneurship’s Greatest Myths Entrepreneurship means you work for yourself so Entrepreneurship means no boss Entrepreneurship is easier than employment Entrepreneurs are big risk takers / gamblers It is more about the opportunity than the founder VC money is the key Entrepreneurship is for the young 13 13 Case: Alison Barnard Discussion Questions 1. Is this business scalable? Discuss the limitations and challenges. 2. What tasks and goals should Alison be focusing on at this stage of her venture? 3. Discuss the signing of a lease prior to having the money. What was the risk? 4. Discuss her fundraising and valuation. If you were an equity investor, what return expectations would you have? 5. If women are coming to Alison’s store from all over, how important is location? Discuss the implications for growth. COPYRIGHT Copyright © 2015 John Wiley & Sons Canada, Ltd. All rights reserved. Reproduction or translation of this work beyond that permitted by Access Copyright (The Canadian Copyright Licensing Agency) is unlawful. Requests for further information should be addressed to the Permissions Department, John Wiley & Sons Canada, Ltd. The purchaser may make back-up copies for his or her own use only and not for distribution or resale. The author and the publisher assume no responsibility for errors, omissions, or damages caused by the use of these programs or from the use of the information contained herein. 15

• Quản trị kinh doanh
• Lecture Entrepreneurship
• Entrepreneurship management
• Technology entrepreneurship
• The entrepreneurial process
• Entrepreneurial finance
• The power of entrepreneurship
• Lecture Principles of Entrepreneurship
• Principles of Entrepreneurship
• Bài giảng Nguyên tắc khởi nghiệp
• Elevator pitch for entrepreneurship
• Corporate entrepreneurship
• Socio economic perspective
• Pattern of entrepreneurship management
• Social entrepreneurship
• Social media
• Business models
• Business entrepreneurship
• Intellectual property
• Social entrepreneurship coverage
• Social enterprises
• Entrepreneurial selling
• Entrepreneurial revolution
• Power of entrepreneurship
• Economic growth
• Measuring impact is critical
• Opportunity recognition
• Business model
• Entrepreneurial marketing
• Entrepreneurial context
• Building the founding team
• Business planning process
• Financial statements
• Financing entrepreneurial
• Growing businesses
• Forms of financing
• Entrepreneurial growth