Entrepenuership
by Jacob M
What they do
An entrepreneur is a person who starts there own business.They provide all the money and resources necessary unless a investor helps them.They can be targeted by a bank if the business fails.They are taking a big risk starting a new business.
First
First you need an idea. You need a Idea of what your business wants to do. If you choose a business that has lots of competitors or is very seasonal you might not do as well as a brand new type of business that is open year round.
Next
Decide if and who you will hire for your business. Many businesses are ran by the owner alone, but you wont have any help.
Success!
If you work hard and do things right you will succeed.
Skills you need
- be able to work under pressure
- be social
- willing to take risk
- willing to spend lots of time working
- take responsibility for your success or failure
- hiring skills
- good decision making skills