BUSI 1800 Chapter Notes - Chapter 7: Small Business, Affiliate Marketing, New Idea
2 Feb 2017
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Self-employed canadians (2. 7 million) = 15% of employed workers. Entrepreneurship: accepting the challenge of starting & running a business: from french word entreprendre to undertake . What does it take to be an entrepreneur: self-directed, self-nurturing. Ch 7: entrepreneurship & starting a small business: action-oriented, highly energetic, tolerant of uncertainty, able to learn quickly. Turning your passions & problems into opportunities: business idea is a good opportunity if . You have the skills & resources to start a business. You can sell the product/service at a price customers are willing & able to pay + make a profit. You can get your product/service to customers before your window of opportunity closes. Female entrepreneurs: major phenomenon since late 1970s is the # of women who have gone into business for themselves, 1/3rd of self-employed people are women, reasons for significant emergence of female entrepreneurs . Change in social attitudes: major challenges of home-based businesses .
