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Entrepreneurs act as managers and oversee the launch and growth of an enterprise.
-Entrepreneurship is the process by which either an individual or a team identifies a business
opportunity and acquires and deploys the necessary resources required for its exploitation
a broad definition of entrepreneurship, saying that it "shifts economic resources out of an area
of lower and into an area of higher productivity and greater yield".
Entrepreneurs create something new, something different—they change or transmute values.]
Regardless of the firm size, big or small, they can partake in entrepreneurship opportunities.
The opportunity to become an entrepreneur requires four criteria. First, there must be
opportunities or situations to recombine resources to generate profit. Second, entrepreneurship
requires differences between people, such as preferential access to certain individuals or the
ability to recognize information about opportunities. Third, taking on risk is a necessary. Fourth,
the entrepreneurial process requires the organization of people and resources.
The exploitation of entrepreneurial opportunities may include:[9]

 Developing a business plan

 Hiring the human resources
 Acquiring financial and material resources
 Providing leadership
 Being responsible for both the venture's success or failure
 Risk aversion

Entepreneural Development
Level 1 is self employment mindset. Each business you run is truly an
education and an apprenticeship for the next level. It teaches you everything
from sales, marketing, management, accounting, legal, finance and HR.
Level 2 is Managerial perspective. It’s a smaller step, but it teaches you how
to employ, train and manage people who work for you, but it is still a level that
you are doing much of the work of your business. This is a critical piece to the
next step.
Level 3 of the levels of entrepreneurs is business owner. This is different
from level 1. A business owner has an enterprise that works without you having
to work in it. It is the level where you have built your employees and
management team to a place where they do the work of your business and you
get out of their way. Your business then establishes a critical piece for the next
level – your cash flow and capital. Cash flow and capital are both needed. Cash
flow allows you to purchase capital, but if you become heavy on capital or
assets, in times when the economy is poor, leveraging assets by mortgaging
them is more difficult. That means you will need to sell assets in order to raise
cash.
Level 4 is investor. It relies on the cash flow and capital in order to allow you to
invest. At this level you learn about investing in business, real estate and stock
market, and why balancing investments is important. Now on to being able to
create wealth.
The last level of the 5 levels of entrepreneurs is the pinnacle and when
you can actually call yourself an entrepreneur. An entrepreneur uses other
people’s money ideas talent and time to create wealth. It takes the lessons and
knowledge learned from each level before to become a master of level 5.

Enterpreneurship
Chersy Ann E. Apolo GA12-A
Mrs. Gina Marmol

General Physics I
Chersy Ann E. Apolo GA12-A

Creative Writing
Chersy Ann E. Apolo GA12-A
Mr. Ronelo G. Collamar

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Chersy Ann E. Apolo GA12-A
Mrs. Gina Marmol