Studied by 13 people
contributes to increased frequency of natural disasters, rise in flows of refugees, and global conflict over food and water.
Climate change
events that can cripple civilization or even cause the extinction of the human race.
Existential risks
human-caused events that threaten the survival of life on earth
Anthropogenic
are part of the problem but also the greatest hope for the solutions.
Entrepreneurs
used in the financial markets to describe a prolonged period of declining prices for a particular asset, such as stocks, bonds, or commodities.
Bear market
it is a wellspring of economic growth, social renewal and personal development.
They are the ones who can alleviate poverty by contributing to economic growth and job creation
Entrepreneurship
someone who starts a business after the age of 55
Seniorpreneur
someone who works with the entrepreneur, such as the spouse, an accountant or a supplier
Copreneur
work in biotechnology, biology and the environment.
Biopreneurs
are driven by the profit motive. They seek growth and profits within the business world. Examples are Elon Musk, Mark Zuckerberg, Jeff Bezos, and Steve Jobs.
Business entrepreneurs
they are driven by a mission and seek to find innovative ways to solve problems that are not being or cannot be addressed by either the market or the public sector.
Social entrepreneurs
they may once have captured an opportunity like an entrepreneur but then do not continue to have the attributes that make it entrepreneurial.
Small-business owners
they would rather exploit existing equilibrium opportunities and optimize supply and demand in established markets
small-business owners
them, on the other hand, aims to exploit innovative venture opportunities and create new markets at home and abroad.
Entrepreneurs
The characteristics of seizing opportunities, embracing risks, and persistently realizing ideas.
It is this mind-set that has revolutionized the way business and social ventures are conducted at every level and in every country.
Entrepreneurial Mind-set
is the process of identifying, developing and bringing a vision to life, be it an innovative idea or simply a better way of doing something
Enterprising individual
means ‘willing to take risks in order to create value’
It mean that a person is the sole proprietor of the rest of their life, of their own destiny.
Entrepreneurial
entrepreneur is derived from the French of what?
entreprendre
meaning ‘to take in between’, or ‘to undertake’.
entreprendre
someone who undertakes to organize, manage and assume the risks of a business.
entrepreneur
Ability to consolidate resources
Management skills
A desire for autonomy
Risk takers
Competitiveness
Goal-oriented behavior
Confidence
Opportunistic behaviour
Intuitiveness
Pragmatism
The ability to learn from mistakes
The ability to employ human relations skills.
Characteristics of Entrepreneurs
Ancietn Prejudices
Roman Wealth
Freedmen Entrepreneurs
Islam
Prohibited Activities
Economic Freedom in Islam
Medieval Europe
Military Innovations
Feudalism to Capitalism transition
Merchant Entrepreneurs
Usury appeared
Merchant entrepreneurs’ major players in politics, shipping fleet, banks
Entrepreneurship Through the Ages
Usury and independence.
Ancient Prejudices
Excluded noble involvement.
Roman Wealth
Former slaves in business.
Freedmen Entrepreneurs
Business encouragement.
Islam
Pork, Alcohol, etc…
Prohibited Activities
Economic Freedom in Islam
Economic Freedom in Islam
Over half of the _____ were created during a recession or bear market.
Fortune 500
Wealth from conquest
Medieval Europe
Armor, crossbow, gunpowder
Military Innovations
Feudalism to…?
Capitalism transition.
Trade, ships, weapons.
Merchant Entrepreneurs:
loans, leased, buying on credit.
Usury appeared
politics, shipping fleet, banks
Merchant entrepreneurs' major players in…?
those who cherish individual liberty and self-reliance, frequently found themselves oppose
rugged individualists
liberation of individuals from undesirable controls
Sovereign Individual
The dynamic process of creating incremental wealth
This wealth is created by individuals who assume major risks in terms of equity, time, and/or career commitment of providing value for a product or service
The product or service itself may or may not be a new or unique but the entrepreneur must somehow infuse value by securing and allocating the necessary skills and resources
Summary Description of Entrepreneurship by Robert C. Ronstadt
are the pioneers of today’s business successes.
Their sense of opportunity, their drive to innovate and their capacity for accomplishment have become the standard by which free enterprise is now measured.
Entrepreneurs
Note 
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