An entrepreneur is an individual who initiates, organizes, and manages a business, often taking significant financial risks. Key traits include innovation, creativity, resilience, and risk-taking. Entrepreneurship drives economic growth by creating jobs and fostering innovation. The typical stages of setting up an enterprise involve identifying an opportunity, developing a business plan, securing financing, launching the business, and managing growth. Unlike established corporations, entrepreneurial ventures are more flexible and adaptive, allowing for rapid response to market changes and new opportunities.
Entrepreneurship in an economy:
Being an Entrepreneur:
Starting as an Entrepreneur:
Considerations when becoming an Entrepreneur:
Growing as an Entrepreneur:
Maturing as an Entrepreneur:
Where the combined marks of the assessment and examination do not reach the pass mark the learner will be required to repeat the element of assessment that they failed. Reassessment materials will be published on Moodle after the Examination Board Meeting and will be aligned to the MIMLOs and learners will be capped at 40% unless there are personal mitigating circumstances.
The aims of this module are to provide learners with an insight of entrepreneurship, and the knowledge, skills, and competencies required of someone seeking to be an entrepreneur. The module will explore the role of an entrepreneur within an economy, and the relationship they have with society.
