Influences in establishing SME
Conclusion
- Who makes the best entrepreneur?
- Is training or motivation and drive more important?
- Would you take the risk in starting your own business eventually?
- Why or why not?
Spanks - Smarty Pants (60 minutes)
http://sixtyminutes.ninemsn.com.au/article.aspx?id=8715127
Personal Qualities
Qualifications
- Are they necessary?
- Formal/informal qualifications
- Knowledge
- Understanding of business concepts
- Experience
- Motivation
- Entrepreneurial Spirit
Skills
Motivation
EXPERIENCE
- Training
- Exposure to various aspects of buinsess operations
- Hands on experience
- Courses - training
- Personal Drive
- Determination
- Desire to achieve a goal or objective
- Freedom
Entrepreneurship
Cultural Background
Do you have these characteristics?
- Influence reasons for establishing a business
- Traditions and beliefs
- Work Ethic
- Centuries of experience in certain trade or services
Identify your entrepreneurial skills....
Skills I presently possess
Skills I would need to develop
How I would obtain these new skills
Do you have what it takes?