GMS 200 Lecture Notes - Lecture 6: Cash Flow, Canadian Business, Embezzlement

• School: Ryerson University
• Department: Global Management Studies
• Course: GMS 200
• Professor: Deborah De Lange

Document Summary

Worldwide organization that allows and support people to become entrepreneurs. Entrepreneurship risk taking behaviour that results in the creation of new opportunities for individuals and/or organizations. Remember to open your johari window by increasing your self-awareness! *see page 160-162 in the text to find out how you score as internally/externally oriented in entrepreneurial activities* Childhood experiences and family environments: parents who were entrepreneurs or self-employed, families that encourage responsibility, initiative, and independence. Career or work history: try more than one business venture, prior career or personal experience in the business area or industry. Windows of career opportunity: start businesses between the ages of 22 and 45; but age is no barrier. Deeply embedded life interests: strong interests in create productions and enterprise control, seek independence and he sense of master that comes with success. Individual or a married couple pursuing business for a profit: owner is personally liable for business debts and claims.