Entrepreneurs, Managers, and Employees
Home	Schedule	Syllabus

 I. What is an entrepreneur?

A. Entrepreneur: A person ready to supply the enterprise-energy, boldness, courage, spirit, expertise-necessary to start and grow a business. (pg. 67).

1. Commercial Opportunities:

2. Occupational Opportunities:

3. Organizational Opportunities:

 

B. Shumpeter (1942): "It [entrepreneurship] consists in getting things done."

II. Functions of Management- Derived from Fayol's principles of management.

A. Planning

1. Choose a business model

2. Allocate resources

3. Set goals and objectives

B. Organizing

C. Leading

D. Controlling