Becoming an Entrepreneur
Becoming an Entrepreneur
Reel Classics Vintage Movies Memorabilia
Coordinator: Prof. Anca Mândruleanu
Student: Chioibasu Cristina Series A, Group 112
TABLE OF CONTENTS
PART I. Theoretical Support
What is entrepreneurship? .................................................................... p. 2
Reasons for becoming an entrepreneur .................................................. p.2
Entrepreneurship’s importance .............................................................p.3
The entrepreneurial process ....................................................................p.4
PART II. Implementing the business idea
Business opportunity recognition ..........................................................p.6
Business Profile ....................................................................................p. 7
Feasibility Analysis ..............................................................................p.8
Plans for further growth and development ..........................................p. 16
REFERENCES ..................................................................................p. 19
PART I. THEORETICAL SUPPORT
What is entrepreneurship?
Entrepreneurship is the process by which individuals pursue opporutnities without regard to resources they currently control. The essence of entrepreneurial behaviour is identifying opportunities and putting useful ideas into practice. The tasks called for by this behaviour can be accomplshed by either an individual or a group and typically requires creativity, drive, and willingness to take risks.
Reasons for becoming an entrepreneur
There are three main reasons that generate the impulse for people to want to become entrepreneurs and start their own firms are being their own boss, pursue their own ideas, and acquire financial rewards.
Be their own boss. The first of these three reasons – being one’s own boss – is encountered most commonly. This doesn’t mean, however, that
Reel Classics Vintage Movies Memorabilia
Coordinator: Prof. Anca Mândruleanu
Student: Chioibasu Cristina Series A, Group 112
TABLE OF CONTENTS
PART I. Theoretical Support
What is entrepreneurship? .................................................................... p. 2
Reasons for becoming an entrepreneur .................................................. p.2
Entrepreneurship’s importance .............................................................p.3
The entrepreneurial process ....................................................................p.4
PART II. Implementing the business idea
Business opportunity recognition ..........................................................p.6
Business Profile ....................................................................................p. 7
Feasibility Analysis ..............................................................................p.8
Plans for further growth and development ..........................................p. 16
REFERENCES ..................................................................................p. 19
PART I. THEORETICAL SUPPORT
What is entrepreneurship?
Entrepreneurship is the process by which individuals pursue opporutnities without regard to resources they currently control. The essence of entrepreneurial behaviour is identifying opportunities and putting useful ideas into practice. The tasks called for by this behaviour can be accomplshed by either an individual or a group and typically requires creativity, drive, and willingness to take risks.
Reasons for becoming an entrepreneur
There are three main reasons that generate the impulse for people to want to become entrepreneurs and start their own firms are being their own boss, pursue their own ideas, and acquire financial rewards.
Be their own boss. The first of these three reasons – being one’s own boss – is encountered most commonly. This doesn’t mean, however, that
References: 1. ENTREPRENEURSHIP. Successfully launching new ventures. Second Edition. Bruce Barringer & R. Duane Ireland Pearson Education International, 2008 2. www.georgehurrellcollection.com 3. www.conwayvintagecoll.co.uk 4. www.8mm16mmfilmscollectibles.com/proj.htm