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W2 Gastronomy and Entrepreneurship

W2 Gastronomy and Entrepreneurship

W2 Gastronomy and Entrepreneurship

Entrepreneurship
• Entrepreneurship is trendy. • It seems that everyone you meet nowadays is starting his or her own business, or knows someone who is. • The Internet age and everything that goes along with it has made entrepreneurship more accessible than ever before. • hi recent years, the emergence of young, successful entrepreneurs in their 20s like Mark Zuckerberg truly brought entrepreneurship to the

Content
i. What is Entrepreneurship? ii. Why is entrepreneurship important? iii. Who is an entrepreneur? iv. Skills and Attributes of entrepreneurs v. How can these skills be applied to food services businesses vi. Factors to consider when planning to operate a food service business

What is Meant by Entrepreneurship?
• The concept of entrepreneurship was first established in the 1700s, and the meaning has evolved ever since. • Entrepreneurship means different things to different people. • Some imagine tech geniuses with Silicon Valley start-ups • while others picture small business owners opening up their shop doors on Main Street. • Ultimately, entrepreneurship encompasses these and

Why is entrepreneurship important?
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• Entrepreneurs are frequently thought of as national assets to be cultivated, motivated and remunerated to the greatest possible extent. • Entrepreneurs can change the way we live and work. • If successful, their innovations may improve our standard of living. • In short, in addition to creating wealth from their enn-eprenetu-ial ventures, they also create jobs and the conditions for a prosperous society.

Why is entrepreneurship important?
➢ Entrepreneurs Create New Businesses Entrepreneurs Add to National Income )=. Entrepreneurs Also Create Social Change ➢ Community Development

Who are entrepreneurs?
• There are no specific traits that every entrepreneur shares, but many do possess a few cousnson characteristics. . • Successful entrepreneurs are typically confident and self-motivated. • They are tenacious but understand their own limitations. • Instead of following the status quo, entrepreneurs have a healthy disrespect for established rules, and often set out to do things that others may not have the courage to. • They are also willing to fail and start over again, taking the lessons they’ve learned to create something new and improved.

• An entrepreneur is someone who can take any idea, whether it be a product and/or service, and have the skill set, will and courage to take extreme risk to do whatever it takes to turn that concept into reality and not only bring it to market, but make it a viable product and/or service that people want or need (MJ Gottlieb, co-founder of consulting firm Hustle Branding and author of “How to Ruin a Business With.out ReallyTrving”)

Skills and Attitudes of Entrepreneurs
• There is no one definitive profile for entrepreneurs. • Successful entrepreneurs come in various ages, income levels, gender, and race. • They differ in education and experience. • But research indicates that most successful entrepreneurs share certain personal attributes, including: creativity, dedication, determination, flexibility, leadership, passion, self-confidence, and “smarts?’

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