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Lecture Patterns of entrepreneurship management (5th edition) - Chapter 1: The entrepreneurial process

The main contents of this chapter include all of the following: What is Entrepreneurship, entrepreneurial characteristics, organizational fragility, the importance of networks, the initial stages. | Copyright 2015 Jack M. Kaplan & Anthony C. Warren Getting Started The Entrepreneurial Process Patterns of Entrepreneurship Management 5th Edition, Chapter 1 Chapter 1 What is Entrepreneurship? The Entrepreneurial Mindset Spider-web Model Networks The 5 Stage Entrepreneurial Process Copyright 2015 Jack M. Kaplan & Anthony C. Warren Presentation Outline What is Entrepreneurship Definition Examples Entrepreneurial Characteristics Why? The Choices Types Common Characteristics Organizational Fragility The Importance of Networks The Initial Stages Chapter 1 What is Entrepreneurship? The Entrepreneurial Mindset Spider-web Model Networks The 5 Stage Entrepreneurial Process Copyright 2015 Jack M. Kaplan & Anthony C. Warren What is Entrepreneurship? Root of the Word From the French word entreprendre, which refers to individuals who “undertook” the risk of a new enterprise Today’s Meaning The process of planning, organizing, operating, and assuming the risk of a business venture Chapter 1 What . | Copyright 2015 Jack M. Kaplan & Anthony C. Warren Getting Started The Entrepreneurial Process Patterns of Entrepreneurship Management 5th Edition, Chapter 1 Chapter 1 What is Entrepreneurship? The Entrepreneurial Mindset Spider-web Model Networks The 5 Stage Entrepreneurial Process Copyright 2015 Jack M. Kaplan & Anthony C. Warren Presentation Outline What is Entrepreneurship Definition Examples Entrepreneurial Characteristics Why? The Choices Types Common Characteristics Organizational Fragility The Importance of Networks The Initial Stages Chapter 1 What is Entrepreneurship? The Entrepreneurial Mindset Spider-web Model Networks The 5 Stage Entrepreneurial Process Copyright 2015 Jack M. Kaplan & Anthony C. Warren What is Entrepreneurship? Root of the Word From the French word entreprendre, which refers to individuals who “undertook” the risk of a new enterprise Today’s Meaning The process of planning, organizing, operating, and assuming the risk of a business venture Chapter 1 What is Entrepreneurship? The Entrepreneurial Mindset Spider-web Model Networks The 5 Stage Entrepreneurial Process Copyright 2015 Jack M. Kaplan & Anthony C. Warren What is Entrepreneurship? Today’s Meaning contd. More than just the creation of a business; it also includes the generation and implementation of an idea. It is about being a dynamic thinker and operator which includes effective communication to all of your stakeholders It is not about being a maverick; entrepreneurs must think tactically and strategically, and operate in a similar fashion Chapter 1 What is Entrepreneurship? The Entrepreneurial Mindset Spider-web Model Networks The 5 Stage Entrepreneurial Process Copyright 2015 Jack M. Kaplan & Anthony C. Warren Quick Facts Annual creation of 600,000 to 800,000 new companies More employees work for entrepreneurial ventures than any other sector in the economy No sector of the U.S., and world, economy has been as vital, dynamic, and creative as entrepreneurship Think: Chapter 1 .