ENTREPRENEURS+Keynote

Economics ASSIGNMENT – ENTREPRENEURS Keynote

What is an entrepreneur? What is entrepreneurial ability? Who are some famous and RICH entrepreneurs? HOW did they start? HOW did they get where they are today?

First I want to define entrepreneur: (There are many definitions) 1. It is someone who organizes and manages a business venture and assumes the risk for it. 2. It is someone who carries out new combinations of products, processes, markets, organizational forms, and/or sources of supply. 3. It is someone who searches out and takes advantages of new business opportunities. 4. MINE: A PERSON WITH EXTREME INITIATIVE WHO IS WILLING TO TAKE A CALCULATED RISK ONLY AFTER HE/SHE HAS CAREFULLY EVALUATED ALL OPTIONS, UNDERSTANDS ALL POSSIBLE OUTCOMES, AND HAS DETERMINED THAT THE RISK IS JUSTIFIED!!!

What is entrepreneurial ability? It is defined as: the human resource that combines all the resources to produce a product, make non routine decisions, innovates, and bears risk.

It involves in detail: An entrepreneur takes the initiative in combining the resources of land, capital, and labor to produce a good or service. He/she is a sparkplug, a catalyst, and/or driving force behind production. An entrepreneur makes basic business-policy decisions i.e. NON ROUTINE DECISIONS that set the course of a business enterprise. The entrepreneur is an innovator! He/she is the first one to commercialize NEW products, NEW production techniques or methods, and/or creates NEW forms of business organization or business enterprise. There is product innovation which refers to new and improved products or services. There is process innovation which refers to new and improved methods of production or distribution. The entrepreneur is a risk taker or bearer. He or she has no guarantee of making a profit, of succeeding, of even being noticed!


 * I want each of you to select a person from the list below and do a power point presentation on that person (or persons as some names are paired together). You may select someone not on the list, but must get my approval first.

You need to tell us about this person(s) in terms of their entrepreneurship. What did they start? How did they get started? How did they keep it going? Where are they now in terms of their career and success? (Some have passed on and I want you to tell me what shape they were in financially when they died!) TELL US EVERYTHING YOU CAN ABOUT HOW THEY DID WHAT THEY DID!!! TELL US WHY THEY WERE OR ARE SUCCESSFUL!!! TELL US ABOUT THEIR BUSINESS OR SERVICE!!!

I DON’T THINK YOU CAN DO THIS WITHOUT CREATING AS MANY AS 25 POWER POINT SLIDES. TOTAL POINTS ON THIS ASSIGNMENT WILL BE 250 POINTS. Part of that (50 points) will be how you use your time in the computer lab. 175 points will be on the information you present. 25points will be on HOW you present it!!!!! BELOW IS THE LIST TO CHOOSE FROM!!!!

Col. Harlan Sanders, founder of KFC Dave Thomas, founder of Wendy’s Steve Jobs, founder of Apple Computers, PIXAR Bill Gates, founder of Microsoft Oprah Winfrey, TV Warren Buffet, investor and billionaire Merv Griffen, TV syndicator Ted Turner, communications mogul and CNN founder Jeff Bezos, Amazon.com founder 10.Betsey Johnson. Betsey Johnson lifestyle 11. Russell Simmons, Rush Communications 12. Scott Cook, Intuit 13. Sergey Brin & Larry Page, GOOGLE founders 14. David Neeleman, JetBlue 15. Tom Stemberg, Staples 16. Jack Stack, SRC Holdings 17. Judy Wicks, White Dog Enterprises 18. Davin Wedel Global protection 19. Pat McGovern, International Data Group 20. Lance Morgan, Ho-Chunk 21. James Goodnight. SAS 22. Stella Ogiale, Chesterfield Health Services 23. Rhonda Kallman, New Century Brewing 24. Laima Tazmin, LAVT 25. Laura & Pete Wakeman, Great Harvest Bread 26. Andra Rush, Rush Trucking 27. Kathleen Wehner, Cirrus Aviation 28. Frank Venegas, Ideal Group 29. Dan Wieden, Wieden + Kennedy 30. John Sperling, Apollo Group 31. John Stollenwerk, Allen-Edwards 32. Mel Zuckerman, Canyon Ranch 33. Michael Dell, Dell Computers 34. George Lucas of Star Wars fame 35. Donald Trump, Trump Enterprises 36. Steven Spielberg, movie mogul 37. Ron Howard, another movie mogul 38. Martha Stewart, Martha Stewart Enterprises 39. Fred DeLuca and Dr. Peter Buck, founders of SUBWAY 40. Ben Cohen and Jerry Greenfield, Ben & Jerry’s Ice Crème 41. T.J. Rogers, CEO and founder of Cypress Semiconductors 42. Jeff Taylor, Monster.com founder 43. John Schnatter, Papa John’s Pizza Founder 44. Phillip Knight, Co-founder, NIKE, INC. 45. Howard Schultz, Chairman, Starbucks Corp. 46. Christopher Curtis, Children’s Book Author 47. Meg Whitman, CEO, eBay, Inc. 48. Leonard Riggio, CEO, Barnes and Noble 49. Roxanne Quimby, Burt’s Bees 50.. OR ANY other entrepreneur you can think of or find – the list above is by no means complete! Just clear it with me!!!