BUSI 1600U Lecture Notes - Lecture 7: Sleep Country Canada, Jim Pattison, Christine Magee
Document Summary
2. 7 million people in canada who are self-employed represent a little over 15% of all canadian employed workers. More and more young people are considering starting a small business when they graduate. Entrepreneur originates from entreprendre meaning to undertake but in a business sense, it means to start a business. To be an entrepreneur, you need to be: self-directed, self-nurturing, action-oriented, highly energetic, tolerant of uncertainty take only calculated risks; cannot be afraid to fail, able to learn quickly. Entrepreneurial ventures differ from small businesses in four ways: amount of wealth, speed of wealth creation, risk. Jim pattison: billes brothers (canadian tire, christine magee (sleep country canada) Between 2001 and 2011 the number of self-employed women grew by 23% while male self- employment grew by 14% An entrepreneurial team is a group of experienced people from different areas of business who join together to form a managerial team with the skills needed to develop, make, and market a new product.
