Entrepreneurship Make Your Mark Presenter Name Ph D

Entrepreneurship: Make Your Mark! Presenter Name, Ph. D. Presenter Title, Arizona State University Last updated 08 -21 -07 www. asu. edu/asu 101 © 2007 Arizona State University

Definition: Entrepreneurship “The Spirit of Creative Risk Taking” Entrepreneurship is the act of: Creating new ventures that generate and capture value by realizing opportunities through creativity, innovation, knowledge, skill and passion while assembling resources and managing risks! © 2007 Arizona State University

Venture Creation For-Profit, Non-profit (NGO), Governmental, “Fourth Sector” Hybrid Industry Consumer Arts Entity Product Company Theatre Company Project Single Product Film Politics Movement Campaign Social Service Architecture Athletics Science Food bank Architectural firm New League Research Company Affordable House Great Building Special Event Research Grant Environmental NGO Benefit Concert © 2007 Arizona State University

Sample Entrepreneurs* • Bill Gates, the world’s richest man and co-founder of Microsoft • Tony Hawk, Professional Skateboarder, founded Birdhouse Skateboards and Hawk Clothing (sold to “Quicksilver”) • Lillian Vernon, catalog retailer (first woman-owner enterprise to be traded on the American Exchange) • Richard Branson founder of Virgin companies • Mary Kay Ash, founder of Mary Kay cosmetics • Madame C. J. Walker, first self-made African American millionaire • Oprah Winfrey, entertainer, artist, founder of a media empire. • Muhammad Yunus (Bangladesh) - Founder of microcredit. Winner of 2006 Nobel Peace prize Partially based on list in Famous Entrepreneurs at http: //entrepreneurs. about. com/od/famousentrepreneurs/Famous_Entrepreneurs. htm © 2007 Arizona State University

Who is an Entrepreneur in the area you are interested in? • • The arts? Politics? Social justice? Business? Architecture? Athletics? Sciences? © 2007 Arizona State University

Entrepreneurship at ASU • Involves all majors and disciplines • Leverages university knowledge • Spurs social development and economic competitiveness Learn about Entrepreneurship at ASU: http: //www. asu. edu/ui/entrepreneurship/about/ © 2007 Arizona State University

Entrepreneurship at ASU • University as Entrepreneur initiative – Kauffman Foundation http: //entrepreneurship. asu. edu Resources for Student Ventures at ASU: • The Edson Student Entrepreneur Initiative provides student-led teams with the resources such as office space, funding and training to start a new venture: http: //www. studentventures. asu. edu/ • Entrepreneurial Advantage Projects provide student -led teams with early funding to assist in the development of business concepts, prototypes, nonprofit concepts, art exhibitions and other student-led initiatives. http: //www. studentventures. asu. edu/ © 2007 Arizona State University

Global Market Context Environment Economy Society People, Planet & Profits © 2007 Arizona State University

Global Market Context • Economic: Globalization – Global Web-Enabled Playing Field – 3 Billion People In the Game, More to Follow • Environmental: System-Wide Stress – Water, Air, Climate, Agriculture, Fisheries, etc. – Global issues, Local solutions • Social: Two Worlds – Developed and Developing – 1 B live on less than $1 per day © 2007 Arizona State University

Global Market Context Environment Economy Problems? Society Opportunities? People, Planet & Profits © 2007 Arizona State University

Entrepreneurship: What will be Your Mark? © 2007 Arizona State University