ENTREPRENEURSHIP:
A VEHICLE TO DRIVE
SOCIAL INVESTMENTS FOR ECONOMIC DEVELOPMENT
"If we tried to think of a good idea, we wouldn't have been able to think of a good idea. You just have to find the solution for a problem in your own life.
-Brian Chesky (co-founder, Airbnb)
Who is an entreprenuer?
I like to look at the Entrepreneur as an Initiator, a Challenger and a Driver This is because the entrepreneur initiates a course. challenges the status quo, and drives the process. In Nigeria, Entrepreneurship is primarily driven by NEED. FORMS OF ENTREPRENEURSHIP Opportunity entrepreneurs: Launch new businesses in response to market needs. High impact - High growth
Necessity Entrepreneurs: Mere need to be a part of an economy. Would otherwise be out looking for a job - not there to make a significant difference. Entrepreneural spirit Mindset - Manage - Take risks. These three words effectively define the entrepreneurial spirit Why entrepreneurship? Because entrepreneurship
-Accelerates Economic Growth through introduction of
new products & Services.
-Promotes Innovation and opens new markets.
-Promotes Social Changes and Breaks traditions.
-Accelerates Research & Development, Knowledge
sharing.
-Develops existing enterprises by inventing new
products and ideas.