COMM 102 Lecture Notes - Lecture 6: Blake Mycoskie, Business Cycle, Succession Planning
Document Summary
Entrepreneurs people with vision, drive, and creaivity who are willing to take the risk of staring and managing a new business to make a proit or to challenge the scope and direcion of an exising company. Ask the students if they know an entrepreneur. Classic risk takers who start their own companies. Mulipreneurs entrepreneurs who start a series of companies. Intrapreneurs employees who apply their creaivity, vision, and knowledge within a company. Owned by an individual or a small group. Based locally (although may serve wide market) In recent years, small businesses have come to the forefront of the canadian economy. Small business is found in most sectors of our economy. Most small businesses in canada are canadian owned. Almost 2. 5 million self-employed people in canada. Accounts for approximately 98% of all employers. Approximately 47% of all new jobs are created by small businesses. Employs 48% of the private labor force. Equity/debt inance: learn on someone else"s dime.
