Entrepreneurs and business Year 7 Economics and business

The history of economics and business has many stories about how entrepreneurs shaped or changed the way things were done.

Henry Ford, Richard Branson, Steve Jobs

Do entrepreneurs share anything regarding their background, attitudes or behaviours? Are there any budding entrepreneurs in your class? How would you know

Entrepreneurship is pursuit of opportunity beyond resources controlled. The key, perhaps, is spotting an opportunity

then creating a new or better product

or a new business model or process (like delivering parcels with drones)

Most business people have some entrepreneurship 'in them' because they want to be more profitable or efficient. 45% of Australian business are classified as 'innovation active' (ABS, 2017)

Initiative, innovation and enterprise are key skills for business owners to develop.

Could you be an entrepreneur?
Appreciate

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