ADM 1100 Lecture Notes - Lecture 3: Intrapreneurship, Mark Zuckerberg, Social Entrepreneurship

• School: University of Ottawa
• Department: Administration
• Course: ADM 1100
• Professor: Patrick Woodcock

Document Summary

Questions: be able to recover from failure, be your own boss, etc. An entrepreneur is someone who seeks a profitable opportunity and takes the necessary risks to set up and operate a business. Differ from many small-business owners in their strong desire to make their business grow. Differ from managers through their overriding responsibility to use the resources of the organization to accomplish their goals. Start a business themselves and stick with it. Mark zuckerberg started facebook; chairman & ceo of facebook; started one new venture and continues to grow it: serial entrepreneurs. Like to grow a business and then move on and do it again. Steve jobs: apple computers, pixar, next computer: social entrepreneur. Does the entrepreneurship, not out of profit, but for social benefit. Melinda gates global initiatives; started & co-chairman of bill and melinda gates; objective is to reduce poverty and increase education. In an average month, canadians start approximately 23,000 new businesses.