MGM102H5 Chapter Notes - Chapter ENTREPRENEURSHIP: Jim Pattison Group, Ageism, Canadian Tire
Document Summary
Small businesses that grow into a huge company. Some business prefer to stay small, entrepreneurship is starting small and letting it grow. The goal is always to make it big . Some it companies need huge investments that need loans and. Entrepreneurship looks like doing something that doesn"t exist it or so exting things much differently. Entrepreneur"s on one hand are people with high aptitudes who. On the other hand entrepreneur is anyone willing to work for him. Amount of wealth creation - rather than simply generating an. Income stream that replaces traditional employment, a successful. Speed of wealth creation - entrepreneural wealth creation is rapid, Where as small business mayb create wealth in a lifetime. Risk - the risk of entreprenurial venture must be high, which is why. There are a few people willing to take the risk. Venture the competitive advantage that results in wealth creation.
