COMM 100 Lecture Notes - Lecture 18: Small Business, Canadian Identity
Document Summary
Increasingly, young people are considering staring a small business when they graduate. Is acceping the challenge of staring and running a business. Originates from the french word entreprendre, which means to undertake . While many people use the terms entrepreneurship and small business interchangeably, there. In a business context, it means to start a business are signiicant diferences. Entrepreneurial ventures difer from small businesses in four ways: amount of wealth creaion, speed of wealth creaion, risk. Some entrepreneurs are driven by a irm belief, perhaps even an obsession, that they can produce at a lower cost, than anybody else. Many entrepreneurs simply do not enjoy working for someone else. Some people grow up n families who have started their own businesses. Oten their ceriicaions and educaion is less recognized here. Their desire to succeed leads them to start their own companies. Entrepreneurial atributes to look for in yourself include the following:
