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ThoughtCommons - What Is Entrepreneurship?

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Page 1: ThoughtCommons - What Is Entrepreneurship?
Page 2: ThoughtCommons - What Is Entrepreneurship?

Everything around us is made out of carbon

Page 3: ThoughtCommons - What Is Entrepreneurship?

just that it exists in many different forms

Knowledge

Raw Material

Land

Technology

Fuel

People

Page 4: ThoughtCommons - What Is Entrepreneurship?

and comes at a different price

40 per liter

100 per hour

10000 per machine

1000 per sq. feet

10 per piece

5000 per project

Knowledge Technology

Fuel

People

Raw Material

Land

Page 5: ThoughtCommons - What Is Entrepreneurship?

these are world’s

resources

Page 6: ThoughtCommons - What Is Entrepreneurship?

Everyone in the world is hungry

Page 7: ThoughtCommons - What Is Entrepreneurship?

just that people are hungry for different things

Food and

basics

Pleasure and

luxury

Car and

comforts

Page 8: ThoughtCommons - What Is Entrepreneurship?

and are willing to pay different prices too

Page 9: ThoughtCommons - What Is Entrepreneurship?

these are world’s

needs

Page 10: ThoughtCommons - What Is Entrepreneurship?

World always need more than its limited resources can provide for

Page 11: ThoughtCommons - What Is Entrepreneurship?

Food Car Pleasure

Resources are mixed in different combinations to satisfy different

needs

Page 12: ThoughtCommons - What Is Entrepreneurship?

Food

These combinations also sell at different prices!

Car Pleasure

Page 13: ThoughtCommons - What Is Entrepreneurship?

these are world’s

goods and services

Food Car Pleasure

Page 14: ThoughtCommons - What Is Entrepreneurship?

the equation is simple

Page 15: ThoughtCommons - What Is Entrepreneurship?

“Satisfying more and more needs with less and less

resources by creating innovative combinations is

called entrepreneurship.”