BU398 Lecture Notes - Lecture 1: Intrapreneurship, Team Building, Pest Analysis

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Basics about entrepreneurship: scan the lectures for different types of entrepreneurs and their characteristics etc. An entrepreneur is a creator of a new company and is someone who is . Starts a new venture and assumes the inherent risks; makes money through risk and iniiaive. Forms of entrepreneurship: create a new business, corporate intrapreneurship (corporate venture or spin of) Universally menioned rewards by entrepreneurs: flexibility be your own boss. 2: growth - in business and as a person. Professional managers of risk capital that support innovaive and promising companies. Vc money funds new ideas that would not otherwise be possible without addiional seed funding. Vc money is typically an investment for 5-8 years into the future. Follow up investment provides more capital as the company grows over this ime period (diferent series or seeds of inancing) *5 personality characterisics that inluence saisfacion: extraversion/intraversion, openness to experience, conscieniousness, agreeableness, emoional stability. *entrepreneurship is afecing by all areas of the pestel analysis.

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