ADM 1100 Lecture Notes - Lecture 3: Brookstreet Hotel, Apple Inc.

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

Document Summary

Has started mitel, march networks, bridgewater systems, solace. Started & co-chairman of bill & melinda gates foundtion. In an average month, canadians start approximately 23, 000 new businesses. Recent decades have shown a heightened interest in entrepreneurial careers. Reasons to choose entrepreneurship as a career path. *63% of all small businesses are operated out of the home. Resources (capital, people, skills, experience) + market opportunity identified = potential for entrepreneurial success. Customers wanting product often a niche or focused customer group. Find a market position that has reduced competition. _students at many colleges and universities can take a major in entrepreneurship. Dozens of other colleges and universities offer an emphasis in entrepreneurship and hundreds more offer one or two courses in how to start a business. _exploding information and data require new types of education for new types of careers. -two groups are most likely to start their own businesses. --people between the ages of 55 and 64.