Intro to Entrepreneurship

Who can be a entrepreneur?

• Only rich people

• Only business people

• anyone with an idea

• only smart people

Define the term entrepreneur

• The act of opening a new business

• Operating a new business

• a person who opens a new business

Define the term entrepreneurship

• A person opening a new business

• The act of opening a new business

• Wanting to open a new business

• Having the idea to open a business

True or False. An employee is a person who is hire to do a job

• True

• False

Who am I. Jane have an idea for a new business that she wants to open. She want to the bank for a loan to start her business. Jane is considered an/a_____________________

• Employee

• Entrepreneur

• Business person

Jane hires Paul and John to work along with her. Paul and John are________________________

• Partners

• Employees

• Entrepreneurs

True or False. The employee can make minor decision

• True

• False

True or False. Employees suffer the financial loss if the business fails.

• True

• False

Who is considered the employer of a new business

• The employee

• The entrepreneur

• The boss

Tiffany Rolle is an example of an entrepreneur. True or False

• True

• False