E Entrepreneur Vs Entrepreneur

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Differences and similarities between an entrepreneur and e-entrepreneur

Transcript

  • 1.E-entrepreneurs Vs entrepreneurs

2. Outline

  • Who is an entrepreneur
  • Who is not an e-entrepreneur ?
  • Characteristics of an entrepreneur
  • Entrepreneur Action Plan
  • E-entrepreneur
  • E-bay and Google
  • Conclusion

3. Who is an entrepreneur?

  • The term " entrepreneur " has often been applied to the founder of a new business, or a person "who started a new business where there was none before" (Gartner 1985).

4. Who is not an entrepreneur?

  • In this view, anyone who inherits (Henry Ford II), or buys an existing enterprise (George Steinbrenner's purchase of the Yankees), or manages a turnaround as an employee (Lee Iacocca) is by definition not an entrepreneur.

5. Characteristics of an entrepreneur

  • Thinking outside the box
  • Belief in control of ones destiny
  • Creativity, Determination, Flexibility
  • Goal orientation, hard work
  • Initiative , leadership
  • Appetite for taking risks

6. Entrepreneur Action plan

  • Marketing
  • Finance
  • Ethics
  • Putting it together
  • Business plan presentations

7. E-entrepreneur

  • Ane-entrepreneuris defined as an individual willing to take the risk of investing time and money in an electronic business that has the potential to make a profit or incur a loss.

8. Entrepreneur Anita Roddick

  • Anita the founder of The Body Shop and the worlds most successful women entrepreneurs equates entrepreneurship to obsession and something that cannot be taught in classrooms.
  • According to Anita , entrepreneurs are loners, vagabonds and trouble makers.

9. E-bay and Google

  • A classic example of entrepreneurship and innovation in the business world.
  • Google not only an entrepreneurial company but also a pioneer of innovation

10. Entrepreneur video 11. Conclusion

  • An e-entrepreneur is an entrepreneur per se; be it e-business or traditional business an entrepreneur always travels the extra mile and sees the connections which the non-entrepreneur fails to do.

12. Further Reading

  • 1.Journal article by J. Barton Cunningham, Joe Lischeron; Journal of Small Business Management, Vol. 29, 1991
  • http://studies.hec.fr/object/SEC/file/A/XXAPRRLANFLBWJGFAMAAGFBKLECLNVGM/BITWorld02.pdf
  • http://books.google.co.uk/books?hl=en&lr=&id=aNtbVVYngucC&oi=fnd&pg=PR6&dq=entrepreneur+and+eentrepreneur&ots=XvAinsgMFg&sig=l3qkm7h3YeyF31lIbm0uhhqaxfU#PPA8,M1
  • Simon Bridge, Understanding Enterprise, Entrepreneurship and small business, second edition, 2003

13. Questions

  • Q&A