Entrepreneurship
What it means to start a business
Starting a Business
An entrepreneur is someone who sees a need in the community and starts a business to fill it. They take a risk — using their time and money — hoping to make a profit. South Africa needs entrepreneurs to create jobs and grow the economy.
Example
Young Entrepreneur Ideas
Business ideas for young people:
• Selling homemade juice or popcorn at school
• Dog walking or pet sitting
• Tutoring younger learners
• Making and selling beaded bracelets
• Car washing in the neighbourhood
Steps: Find a need → Plan → Start small → Learn → Grow
Note
Remember
Not every business succeeds, but every entrepreneur learns from trying. Good entrepreneurs solve problems, work hard, learn from mistakes and never give up. Many successful SA businesses started very small — from a table on the street to a national brand.
Key Vocabulary
EntrepreneurSomeone who starts a business to solve a problem and earn money
RiskThe chance of losing money or failing in business
OpportunityA chance to do something successfully
InnovationCreating a new or better way of doing something
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