An entrepreneur is a person who organizes a venture to benefit from an opportunity, rather than working as an employee. The entrepreneur assumes all the risks and rewards of the venture and is usually the sole proprietary, a partner or the owner of the majority of shares in an incorporated venture.
Some of history’s most successful entrepreneurs are: Oprah Winfrey, Walt Disney, and John D. Rockefeller. 1) Oprah has one of the most amazing modern rags-to-riches stories of all times. She is the nation’s richest African American with a net worth of over $3 billion and is arguably the most influential woman in the world today. 2) Walt Disney started off as a farm boy drawing cartoon pictures of his neighbor’s horses for fun. When he was older, Walt tried to get a job as a newspaper cartoonist, but was unable to find one and ended up working in an art studio where he created ads for newspapers and magazines. Eventually, he grew to work on commercials, became interested in animation, and eventually opened his own animation company. 3) John D. Rockefeller was born the son of a traveling salesman. He showed early entrepreneurial promise selling candy and doing odd jobs for neighbors, eventually going on to become the founder of the Standard Oil Company. There’s no business quite like oil business, and it made Rockefeller filthy rich.
This course approaches entrepreneurship from a perspective that will enable (the new) you to describe the capacity and willingness to develop, organize and manage a business venture along with any of its risks to make a profit. You will be able to examine the basic structure of an organization, its essential managerial functions-planning, organizing, motivating, and directing, controlling, leading- and how to relate to one another.