Entrepreneurship: Make Your Mark!Definition: Entrepreneurship “The Spirit of Creative Risk Taking”Venture CreationSample Entrepreneurs*Who is an Entrepreneur in the area you are interested in?Entrepreneurship at ASUSlide 7Global Market ContextSlide 9Slide 10Entrepreneurship: What will be Your Mark?© 2007 Arizona State University© 2007 Arizona State UniversityEntrepreneurship:Make Make YourYour Mark!Mark!www.asu.edu/asu101Presenter Name, Ph.D.Presenter Title, Arizona State UniversityLast updated 08-21-07 © 2007 Arizona State University© 2007 Arizona State UniversityDefinition: Entrepreneurship“The Spirit of Creative Risk Taking”Creating new ventures that generate and capture value by realizing opportunities through creativity, innovation, knowledge, skill and passion while assembling resourcesand managing risks!Entrepreneurship Entrepreneurship is the act of:is the act of:© 2007 Arizona State University© 2007 Arizona State UniversityVenture CreationIndustry Entity ProjectConsumer Product Company Single ProductArts Theatre Company FilmPolitics Movement CampaignSocial Service Food bank Affordable HouseArchitecture Architectural firm Great BuildingAthletics New League Special EventScience Research Company Research GrantEnvironment Environmental NGO Benefit Concert For-Profit, Non-profit (NGO), Governmental, “Fourth Sector” Hybrid© 2007 Arizona State University© 2007 Arizona State University•Bill Gates, the world’s richest man and co-founder of Microsoft•Tony Hawk, Professional Skateboarder, founded Birdhouse Skateboards and Hawk Clothing (sold to “Quicksilver”)•Lillian Vernon, catalog retailer (first woman-owner enterprise to be traded on the American Exchange)•Richard Branson founder of Virgin companies•Mary Kay Ash, founder of Mary Kay cosmetics•Madame C.J. Walker, first self-made African American millionaire•Oprah Winfrey, entertainer, artist, founder of a media empire.•Muhammad Yunus (Bangladesh) - Founder of microcredit. Winner of 2006 Nobel Peace prizeSample Entrepreneurs*Partially based on list in Famous Entrepreneurs at http://entrepreneurs.about.com/od/famousentrepreneurs/Famous_Entrepreneurs.htm© 2007 Arizona State University© 2007 Arizona State UniversityWho is an Entrepreneur in the area you are interested in?•The arts?•Politics?•Social justice?•Business?•Architecture?•Athletics?•Sciences?© 2007 Arizona State University© 2007 Arizona State UniversityEntrepreneurship at ASU• Involves all majors and disciplines• Leverages university knowledge• Spurs social development and economic competitivenessLearn about Entrepreneurship at ASU: http://www.asu.edu/ui/entrepreneurship/about/© 2007 Arizona State University© 2007 Arizona State UniversityEntrepreneurship at ASUEntrepreneurship at ASU•University as Entrepreneur initiative – Kauffman Foundation http://entrepreneurship.asu.eduResources for Student Ventures at ASU: •The Edson Student Entrepreneur Initiative provides student-led teams with the resources such as office space, funding and training to start a new venture: http://www.studentventures.asu.edu/•Entrepreneurial Advantage Projects provide student-led teams with early funding to assist in the development of business concepts, prototypes, non-profit concepts, art exhibitions and other student-led initiatives. http://www.studentventures.asu.edu/© 2007 Arizona State University© 2007 Arizona State UniversityGlobal Market ContextEnvironmentEconomySocietyPeople, Planet & Profits© 2007 Arizona State University© 2007 Arizona State University•Economic: Globalization –Global Web-Enabled Playing Field–3 Billion People In the Game, More to Follow•Environmental: System-Wide Stress–Water, Air, Climate, Agriculture, Fisheries, etc.–Global issues, Local solutions•Social: Two Worlds–Developed and Developing–1B live on less than $1 per dayGlobal Market Context© 2007 Arizona State University© 2007 Arizona State UniversityEnvironmentEconomySocietyPeople, Planet & ProfitsProblems?Opportunities?Global Market Context© 2007 Arizona State University© 2007 Arizona State UniversityEntrepreneurship:What will be What will be YourYour
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