Chapter 1
WHAT IS ENTREPRENEURSHIP?

Differences between employees and entrepreneurs

  • Americans that works in a business makes money by selling and buying products.
  • People who work for other people in a business is called employee.
  • In a motor vehicle company there are different types of employees, some build cars, some sells cars and some manage cars.
  • What they all have in common is that they do not have a business.
  • People who starts a business and works for themselves is called an entrepreneurs.
  • An entrepreneur is responsible for there success or failure of his/her work

Think like an entrepreneur


  • An entrepreneur is more than just learning to how to make your own business. it is a way you approach life and be one of those people who always want to try and never give up.
  • Always look for opportunities to learn new skills and take on new responsibility.

Entrepreneurs do three important things:

  1. Listening. by listening people get ideas about improving a business or creating a new one.
  2. Observe. People constantly keeping their idea about how to help society.
  3. Think. thinking of problem or solution.