Chapter 1
                                                                                 Slide 2
        Lesson 1.1
        ENTREPRENEURS: 
        PRESENT AND PAST
                              Define entrepreneurship.
                              
GOALS
GOALS
                                  Learn about 
                                  entrepreneurship in history.
                              Identify the impact of 
                                  entrepreneurs and small 
                                  business today.
        ENTREPRENEURSHIP: Ideas in Action           © SOUTH-WESTERN PUBLISHING
                                                                               Chapter 1
        WHAT IS AN                                                               Slide 3
        ENTREPRENEUR?
        Definitions
             People who own, operate, and take the risk 
                of a business venture are called 
                entrepreneurs.
             Entrepreneurship is the process of running 
                a business of one’s own.
        Employees vs. entrepreneurs
        Why do people become entrepreneurs?
        ENTREPRENEURSHIP: Ideas in Action           © SOUTH-WESTERN PUBLISHING
                                                                               Chapter 1
                                                                                 Slide 4
                                Checkpoint
           1. Who is an Entrepreneur?
           1. What is Entrepreneurship?
        ENTREPRENEURSHIP: Ideas in Action           © SOUTH-WESTERN PUBLISHING
        TYPES OF                                                               Chapter 1
        ENTREPRENEURIAL  Slide 5
        BUSINESSES
        Manufacturing
        Wholesaling
        Retailing
        Service
        Agricultural
        Mining and extracting
        ENTREPRENEURSHIP: Ideas in Action           © SOUTH-WESTERN PUBLISHING
        EXAMPLES OF                                                            Chapter 1
        MANUFACTURING                                                            Slide 6
        BUSINESSES
        Apparel and other textile products
        Chemicals and related products
        Electronics and other electrical equipment
        Fabricated metal products
        Food products
        Industrial machinery and equipment
        Printing and publishing
        Rubber and miscellaneous plastic products
        Stone, clay, and glass products
        ENTREPRENEURSHIP: Ideas in Action           © SOUTH-WESTERN PUBLISHING