Transcription of Economic & Management Sciences Grade 7 Term 3 …
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1 Economic & Management Sciences Grade 7 Term 3 TOPIC 8 THE ENTREPRENEUR Lesson 1 Definition of an entrepreneur An entrepreneur is a person who owns his/her own business. She/He can either start a business or buy an existing business. Entrepreneurs work for themselves and create their own jobs. An entrepreneur takes a calculated risk by investing money in a business opportunity in order to make a profit. They are people who can identify opportunities and have the skills to turn an opportunity into a successful venture. What does it take to be an entrepreneur? It takes certain skills and personal characteristics to be a successful entrepreneur. Not everyone is cut out be an entrepreneur. An entrepreneur has to be able to live with uncertainty and be comfortable taking risks.
1 . Economic & Management Sciences Grade 7 Term 3 . TOPIC 8 THE ENTREPRENEUR . Lesson 1 Definition of an entrepreneur An entrepreneur is a person who owns his/her own business.
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