Entrepreneur

c
  V

 








  
 

 
 
 
   
  

 
  

 
 
  
 



 


 


 

 

   
 
  
V
 
  

  
 



 
 

 

  
 
 

   


  





  
!
 

 
  

 

  
 







 


 


 





 


 

 
 
 

 

 
  
 
 c
    

 
 
 



  

  
 


  
 



 
 
 


 

 


 
 
 
 

V  
 
" 



 

 
 

 

 


  



 
 
#$%&'
 
 
 
  

 
 



   
 
  


 
 ( 



 








 


 


) 
  
 
"'

* 
+  

#$#,
 

  

 



 



  
 
 





 
 
 '


 

 


 

  
 
  

 

  

 

 
#$#,
+
-
 

 


  




   

.
" 



  '
 
 



 .
 


  .
  



  

  
 
 

  


 


/ 

 
V

 
 



 

  .
" 



 
 
.

 
0 1"
2  
 


 
  3
 

 4
 
 
 
 



 

 
V  

 


  
 
 

 
 


 
 
 

 
 
 

 

  
0 

 
  
V 

 4

 
 
 


 
  




-



  
 
 
   
 
 


 

-

 
  

 



 
 
  

 
 
 
 

 
  
 
 

 
 

 

 
-
 

 
V
  

+
 


  







  

V
5

 .
6 
 

  





 


 



 
  
1 
 

 


 (
 

 


 


 


1
 
6 
 

  
 

 


 
  
  

  
 



  
 

 
 



 
 
 
 

  
 
 



 
 

 

  


 
 





 

  
0
  

 '
 


 
    
  


 
 
  

 



  

 '
 



 
0 
  

 
  


1 1
 
  


  
 
 
  

  


 


 

  
 
 


 


 



 

 
 '




 
 


 
 

 
 
 


 

 
 

 
 


V

 








  
 

 
 
 
   
  

 
  

 
 
  
 



 


 


 

 

   
 
  
V
 
  

  
 



 
 

 

  
 
 

   


  





  
!
 

 
  

 

  
 







 


 


 





 


 

 
 
 

 

 
  
c
     

 
  

 

 4 

4 

 4 
 

 
 

 

 
 
  



 
  



-


 

 
 

 
 
  

 


 4
 

 

  
 

 


- 
7
  
 
  
 
1 8

-
  
 
 
-
 
0 
  1 
  
 

 


 
  







 
 
V 
 
 

 

9&1,&:
 

! 
   

 
 ;#2
:
      up up up up up up

The entrepreneur has an enthusiastic vision, the driving force of an enterprise. The entrepreneur's vision is usually supported by an interlocked collection of specific ideas not available to the marketplace. The overall blueprint to realize the vision is clear, however details may be incomplete, flexible, and evolving. The entrepreneur promotes the vision with enthusiastic passion. ith persistence and determination, the entrepreneur develops strategies to change the vision into reality. The entrepreneur takes the initial responsibility to cause a vision to become a success.

cntrepreneurs take prudent risks. They assess costs, market/customer needs and persuade others to join and help. up Vn entrepreneur is usually a positive thinker and a decision maker.

up

  
        The Components of a Successful Business 1.p V competent entrepreneur 2.p V viable business concept 3.p Vccess to adequate capital hen these three components come together, then you are in the right place at the right time. If not, you will probably fail.   

 





 


?
)
> 16 
 


 
?/V
#$$$
6 

  


  '
- 
O

 


1 
 
 
 

 
 
V  
   

   
1 




 
/ 

 

 

 

 
 

  


 




 
6'
- 

 

 

 

 
6
7 
6

 

 
 


  
) 
8

1
V 
" 

È

     by Judith L. Glick-Smith Vccording to ebster's dictionary, an entrepreneur is one who organizes, manages, and assumes the risks of a business or enterprise. cntrepreneurs live in the future. They have creative personalities, are innovative, and thrive on change. But what makes an entrepreneur successful? Research done by Southern Methodist University's Cox School of Business came up with common characteristics of over 200 successful entrepreneurs. Successful was defined as being in business for at least 5 years and who has gross revenues of at least $1 million. Common Traits in a Successful cntrepreneur 1. Good health. Successful entrepreneurs must work long hours for extended periods of time. hen they get sick, they recover quickly. 9
V
=

 
 
+ 
 

   

 



! 
 
 
 
 





 
 
 4 
 



 
  
 





 
 

 
 

 

,
61   
  
  
 

 

  


 
 

 



 


 

 
 
( 

 

 
  

@
6 

* 
 


1  
 

 


   
 
 



 

0 
 -
 

 
 


  

 
  

A
   
V  
 


   
  




 

 


 
   
 


  

B

2
 


  


 
 


  
 





 

 

 
 
  
 
! 
 


 
 

%
 
V
 


 

 



  
 
  

 !
 
 


 
 
 
 

 4

C 

( 
 
 
 

 
  

 
 




 


  
 

D
)
=

6
 





 
   

 

 

$
2- 
V 
 


- 


 
  
 


  

 
  
 
  

 

 
 

 
 

 
 
  
 
  

 
  

 

#&
 
6
 

 


 


 
 

 


 

6 



 
 


 
  

##
V 

  
 

 

 








 

 




 
 




 

  

#9
+  

= 
 

 
 

 
 
  
 
  

 



 


 


 


 
 


 
 

up up

up

up

up

up

up

˜

      

pp p  p
pp  p pp pp p p  p

 p pp    p
p p  p 
p p p pp pp 
ppp p p  p    pp    pp

pp   
Vp  p  pp
pp pppp

p  p    p  p pp p p ppp
pp p p 

p p p p p 

 p p  pp
p 

    ppp
 p ppp   pppp

  p p p  pp pp 
pp pp p  pp p p  pp p p p  p 

 p




 
p !  pp pp
p p p p p  p p p   p"p p pp#  p  pp p p ppp p pp p$%p$p p p   p ppp 

p p& p   pp  p p 
p p pppp
 p  p 

pppp  p'  pp  p p p ppp  ppp  
    

p  p 

p pp p p p p p 
p p p  pp
 pp 

p  p  pp  p  p p  p  p pp ppp  
 p p p p( pp  )p#p  pppp  p*p pp p ppp p p
 pp p p p pp  

p p
 pp p ppp  pp p   
    
 
 p   pp  p p
 pp p p p



pp p pp p+ppp  p pp

p 
  pp p  p p p  p 

p pp pp p p ppp pp
p pp p p  ppp pp 
È   
  p ! p pp p
pp p p  p p # pp    p,   pp ppp 
p p   pp pp ppp 

ppp  

p! p(
 pp p p  pp

 pp 

p p pp   p p

pp   p pp pp  p p p - p p    pp


up

up up up

up up

up up

up up

È   p .pp   ppp  pp  p p 

p p pp 
p  pp #  p* p p  p ppppp  pp
pp  p * p p p pppp pppp ppp 
  p* p p p p
pp  p   p p pp  p/ p p p pp pp  p  p 
pp   p   pp p p p p  pp pppp p  pp # 
4
 

    


p *
pp    p ppp  p p pp
p pp p  ppp   p ppp  p p p
p pp
 
  
pp p   p
 pp

pp pp
 p 

pp  p  p  p  pp p p pp   pp  p p

 pp  pp p p   p p p p  p
 
  
pp  p  p  p pp p 
p p   ppp   p  p p
 pp 

p    pp   pp p 

pp  p   p  p °

p  p pp p 

p    p
  p
p  p p ppp  p 

p!p" p   pp
 p  pp  p #  
p p
pp pp
 p
 p   pp    p
p  ppp p$p  p p p p p
  #p  pp   p  pp pp p
 ppp  p ] 
      

  p Op p   pp  pp 

p  pp p p p   pp p  p pp p
 pp   p%p pp  p pp p  p p p p   p  
p&   p p   p
  p  p 
pp p pp  p
 p p ppp   pp 

p p p ppp p  p p
  p  pp pp p  p K        p  
 
p pp p    p p p 

pp 

p    p   pp p p% '  p pp
 pp p   pp p
p
  p(p pp p    pp 

ppp
  p(p pp
  p

up up

up up

up up

up up

 
p p  p   p pp p p(p p #
 p p   
p ´   p c p 

p    p  p p p p 

p   pp pp p p   pp ppp  p pp)+p p p pp p  pp  p  p Op p ppp   p  p pp pp  p pp  p  p  ppp
p pp ppp p  pp 
 pp p   p   ppp   pp p †

p 

p
 p   pp p pp pp, -p*
 p p  p p   pp p  pp pp p p   p pc   pp 

ppppp p p

pp.p p./p pp pp  p  p
 p p    p pp pp

pp  p ppp

 
pp p p
p
p p p pp p p

  pp  p  pp
 p Ë 


p pp ppp 

pp pp p pp pp c p 

p  p   ppp  pOp p p  pp   p p pp" p
  pp$  pp p  p p   p
 p pp

 pp  p p p p" p
  ppp(p p
  p  p 

pp

 pp,p pp pp   p  p
 p
 -p%pp

 p p
 -p,pp  p  pp pp p
  p  p p -p(p p   p pp ppp pp p p p pp
0 ppp  p p      
  p (p pp pp p p ppp  pp   p p p
p
  p  p p(p pp pp p  p

pp p 
ppp1p  p pp p(p pp p 
p pp 
pp pp  p  p
p
  pp p  pp  p pO  pp  p p p
 
  
pp  p 

p    p p pp p p pppp p p

O  4!O

p

Op pp   p2++ppp3 p45p
p
 pp p
 p3 p6p3 p43635p  p  p7  p 4 pp p8 p9 p

 pp pppcp3pp # p:pp

 p2++5p  pp p3 p 
 pp p p pp p

 p  pp pp:p 
 p  p p;p< pp & p%pp 0 pp363ppp p

  pp
 pp =  p=p pp 363= p0p  ppp p pp p
 #pp p  p  
 p #
 p  p  p p
  pp p  p p

 p
pp   p 
 p p
  = p  p p 
 p p pp p p= p    pp 0p p p
p   pp p "If you start fantasizing about building a global brand before you have the opportunity to build a global company - and the necessity to do it-that's like the tail wagging the dog."p p 363pp   p #
 p  p  p p  p  p>. p3
p2++p !  p  p p  pp7 p ?.p
 p p p p>.@p p

p p#p415pp7 p>/p
 p p p p.>?@p pp

  pp2++2+>p p

p

363pp 

 p ppA.++pp p
 
p
  pp 49$$*5p  pp2++p  p p   
 p  p
 pp 2++p p
  pp p  p7 p.+++p
 p p 
pp  p 
  p p
 p363= p   p   p   p p  
 p4:85pp
 p p p 
p
pp p
  pp 
 p    p p
  = p p p p 363= p
 p p  p
  pppp p  pp  p   p2+++ p( pp 0 ppp p   p
  pB$8p p 
 p  p p pppp p p p*p pp p  p #
 p   pp363= p p p p pp
 p p

*   p p 3 pp3 p43635p p   pp.?p pp  pp ;$3 pp $3 p
 pp
 p     p  p 
 p pp" p pp  p  p!p3 p p  p3 p6p3 pBpOpC
 p.?Dp p
  p   p p p
ppDp" pOp.?/p!p3 p p p

   pp p p
  p p  p3 p6p3 p BpOp
 pp 
p p
  pp.?p p C p p #p p
 p p  p  p p
  pp  p p  p p  p
p 
pp
   p p 
 p   
 p    pp pOp.?/p363p  p pp  pp*  pp p3 p p1 
 p1  p B p p p
 ppp p  pp  
p   p < p.?)/p p
  = p   pp 
 
p p p p  p p
  p p
 p p  p  p
 pp3 p c
 $ 
 p1 
 p$  pp p  p  p p pp ˜
 


  p7 ?.p
 p3 pp3 p43635p  p
 pp p  pp   p
p  p p   p
p 
p   
 pp    p p
 p p p
   pOp<
 p2++2p363p 
 ppp pp p  p363p  p p   p ppp  p 
p   p4*175p #
 pp
 p p* 
 p 
p  p p pp  
p&pp363p ppp  p  pp3 p8
p$ p p3pp$!p  p p p p p
pp

 p  p pp  $p.p  p  p

p" p p
p  p  pppppp  p ppp #p p  ppp p ppp   p 

p *pp

pp ppp pp 

p p

pp.p" pp

 p pppp p p pp pp p p p  ppp p pp  p p p p pp
p  p  pp p 

p p2CC2p p p p

 p p pp p( pp pp p
p  p p p p  ppp

 p  p p pp p p p p pp pp p p  p  p  p p pp 

 p p p p p  p  p p p7??7 p*p pp p pp  p p"p0p"pppp p Bpp 6@3p  p p7???pp678p  p p7??2 p *pp pp67:p  p p p  p p 

p

pp   p
ppp6:7p  p p7??:p p p  p pp pp

p 6AAp  p p7??3 p   p p p p"p0p" p 
pp p  p p 1 p%

p
p p p

 >p$p p pp p p   p pp p  pp p pp  p p  p p  p p p  pp"p0p" p   pp p 
  ppp p ppp  $p  pppp   pppp ppp 
pp  p pp

p. pp p pD

p, pp.!Dp 'p p* p

 pp'p E p"p0p"p
pp  p p
pp p
p  pp  p  p pp p pp pp p p&p  p  p p ppp
#  p p p  pppp 
p:?pp p ppp  ppp   p
p  p
 p p p p ppp p ppp p 

p  p p "p0p" p ppp p  p pp(ppppppp p p7??7p p pp p ! ppp!FGp  p p p #   p* p p p p1p  p  p pp# p  p
 p  pp pp*  p 
p  p p 

pp  p
  p" p  p p   p p  p p p  p pp "p0p" pp p pp p  p

"

0p"p  p p p pp p

  pp p  p pp

 ppppp
p  p p  pp  pp
p

 pp pp  p'.4!&'"*4p .p" p p p! p

#/  p  p" pp*pp p p p pp p p 
pp p p  p1p ppp pp pp p!1Fp pp p pp p p  p  p &p p  p7?ppp p pp
 p pp p pp p p pp pp  p p&p 
p  p7?pp pp p  p pp p& p 7?pppp pp
 p p pp p ! p.p" >p$ p  p p

p p p p  p p pp p p.ppppp ppp' #' $p