ADM 3313 Lecture Notes - Lecture 1: Takers, Social Entrepreneurship, Intrapreneurship

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Central focus = business modeling, validation and planning. Do not waste time telling what you"re going to talk about, just jump right into it. Choose how you can put up your best presentation. People that create value that didn"t exist before. They tend to find better, faster and more efficient ways of doing things. Concept of entrepreneurship apply to a lot of different areas. Comes down to behaviors, things that can be developed, practiced. Anyone can be entrepreneur you just need to learn to think and be and nurtured like one. New firms are the place where all new hiring takes place. On average new firms create about 3 million jobs a year. From 1980 to 2008 all net new job growth in the u. s. came from firms five years or younger. Small businesses (started by entrepreneurs) have become a driving force in the canadian economy (stats canada). o! 60% of all jobs in the economy o!

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