Lesson 2
Entrepreneurship Online
Online Entrepreneurship
entrepreneurshiponline function capability
BUSINESS
A commercial or industrial enterprise
An activity engaged in as means of livelihood
ENTERPRISE
An undertaking that is difficult, complicated or risky
To simplify..
BUSINESS
Legal Entity money
ENTERPRISELivelihood
a legal entity that is intended to provide its owners with a source of money and resources so they could live
resources
profit
BUSINESSVISION
To inspire on where the company will be in the future
MISSION
To serve customers
VALUESThat support the beliefs of founders and to inspire desired conductCULTURE
The source of passion and soul of the business
MUST-HAVES
BUSINESSMAN
VS.
ENTREPRENEUR
BUSINESSMAN ENTREPRENEUR
WHAT DO THEY DO?
A businessman transacts business
An entrepreneur organizes,
manages and assumes the risks of a business or
enterprise
3 Major differences
businessmanA
BUT HE CANNOT BE AN ENTREPRENEUR
BE A
HIGH-RANKING EXECUTIVE OF A COMPANY
COULD
&
3 Major differences
The owner of the company he started
HAS TO BE
BOTH an entrepreneur
businessman
3 Major differences
The differences lie in the attitude to
TAKE RISKS
