entrepreneurship_1

Definition
The capacity and willingness to develop, organise and manage a business venture along with any of its risks in order to make a profit. The most obvious example of entrepreneurship is starting a new business. An entrepreneurial economy enables job creation, wealth creation and facilitates socio-economic development. Not all people will become successful entrepreneurs; however all can develop an entrepreneurial mindset to see opportunities and solutions; to create and innovate. Entrepreneurs effect change no matter the context: enterprise, corporates or public sector. – wits.ac.za

What they do
There are various types of entrepreneurs. Entrepreneurs may have a business idea that is new or different, something that has not been seen before, or something that provides a new twist on an existing sector all for the purpose of making a profit, or achieving a predefined goal (e.g. social change). High unemployment increases the need for people to be trained and educated to provide for themselves. Entrepreneurial training and teaching is one way of satisfying this need. Graduates can start their own business or be employed by the Department of Trade and Industry, banks, or other institutions to deal with small businesses. – cput.ac.za

“Here’s to the crazy ones. The misfits. The trouble-makers. The round pegs in the square holes. The ones who see things differently. They’re not fond of rules, and they have no respect for the status-quo. You can quote them, glorify, or vilify them. About the only thing you can’t do is ignore them. Because they change things. They push the human race forward. And while some may see them as the crazy ones, we see genius. Because the people who are crazy enough to think they can change the world – are the ones who DO!” – Apple

School Subjects:
Mathematics
Language of Learning and Teaching

DID YOU KNOW?
According to the National Development Plan, central to the country’s economic growth is the creation of “an enabling environment for micro and medium enterprises and entrepreneurs to thrive. This includes inculcating the spirit of entrepreneurship in schools, lowering the cost of doing business in the economy, and reducing barriers to entry in various value chains”.

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