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【正文】 ducation ? Demographic and economic factors ? Shift to a service economy ? Technology advancements ? Independent lifestyles ? The Inter and cloud puting ? International opportunities 1 17 Ch. 1: The Foundations of Entrepreneurship (continued) Copyright 169。 2023 Pearson Education, Inc. Publishing as Prentice Hall Entrepreneurial Activity by Age Group 1 19 Ch. 1: The Foundations of Entrepreneurship Copyright 169。 2023 Pearson Education, Inc. Publishing as Prentice Hall Growth in Minority–Owned Businesses since 2023 1 21 Ch. 1: The Foundations of Entrepreneurship Copyright 169。 2023 Pearson Education, Inc. Publishing as Prentice Hall The Cultural Diversity of Entrepreneurship ? Homebased businesses ? Family businesses ? Copreneurs ? Corporate castoffs ? Corporate dropouts ? Social entrepreneurs ? Retiring baby boomers 1 23 Ch. 1: The Foundations of Entrepreneurship (continued) Copyright 169。 2023 Pearson Education, Inc. Publishing as Prentice Hall Small Businesses by Industry 1 25 Ch. 1: The Foundations of Entrepreneurship Copyright 169。 2023 Pearson Education, Inc. Publishing as Prentice Hall The Ten Deadly Mistakes of Entrepreneurship ? Management mistakes ? Lack of experience ? Poor financial control ? Weak marketing ? Failure to develop a strategic plan ? Uncontrolled growth ? Poor location ? Improper inventory control ? Incorrect pricing ? Inability to transition growth 1 27 Ch. 1: The Foundations of Entrepreneurship Copyright 169。 2023 Pearson Education, Inc. Publishing as Prentice Hall Business Starts and Closures 1 29 Ch. 1: The Foundations of Entrepreneurship Copyright 169。 2023 Pearson Education, Inc. Publishing as Prentice Hall 1 31 Ch. 1: The Foundations of Entrepreneurship Conclusion ? Entrepreneurs: ?Are an important part of the free enterprise system ?Are a diverse and talented group of people ?Represent a crosssection of society as a whole ?Are able to enhance the profitability of their businesses through acquiring additional knowledge and experience Copyright 169。 2023 Pearson Education, Inc. Publishing as Prentice Hall 1 33 Ch. 1: The Foundations of Entrepreneurship
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