Assignment on Entrepreneurship and Starting a Small Business
Subject: Finance | Topics:

Entrepreneurship and Starting a Small Business:

Entrepreneurship is the act and art of being an entrepreneur or one who undertakes innovations or introducing new things, finance and business acumen, in an effort to transform innovations into economic goods. This may result in new organizations or may be part of revitalizing mature organizations in response to a perceived opportunity. The most obvious form of entrepreneurship is that of starting new businesses ; however, in recent years, the term has been extended to include social and political forms of entrepreneurial activity.

Guess Which Company:

•He was selling baking soda & decided to entice customers by putting in two packages of chewing gum with each sale.  The excitement over the gum started him thinking.
•Two Seattle teenagers pooled their money & came up with $100.  They started delivering messages & parcels for local merchants.
•Though he didn’t graduate from college, he found out college students eat a lot of pizza.  He started his first pizzeria with $900 near a campus with a promise of 3-minute delivery.
•Why take the entrepreneurial challenge?
• Profit



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