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I Concept Notes
What is ENTREPRENEURSHIP?
Entrepreneurship is the activity of setting up a business or businesses, taking on financial risks in
the hope of profit.
Who is an ENTREPRENEUR?
An Entrepreneur is someone who takes on the risk of starting his or her own business
enterprise.
INDEPENDENT Entrepreneurs are not afraid to think differently or to have their own
ideas. They enjoy being leaders who have the freedom to decide what they are going to do next.
SELF-CONFIDENT Successful entrepreneurs believe in their business idea. Most
importantly they believe in themselves and their ability to succeed.
C. Independent Practice
Among the common characteristics of a successful entrepreneur, choose five characteristics that
you think you have. Rank them and explain why.
D. Framing Concepts
List down the things that you have learned and the questions you want to be answered.
E. Life-Long Learning
If you become an entrepreneur someday, what could be your best entrepreneurial
characteristics?