CC 1.1 Outline the significance of small businesses and their impact on the economy LO 1.1.1. Explain the importance of small business and entrepreneurship LO 1.1.2 Distinguish small businesses from large businesses LO 1.1.3 Identify how small businesses compete against larger companies LO 1.1.4 Explain the motivational factors commonly found in entrepreneurs DIRECTIONS. You will carefully research and select a successful entrepreneur. You will research and investigate his/her background (use the internet) to determine the factors that have lead to their business success. You will organize your submission by answering the following questions. Collect answers to the 5Ws and H (Who, What, When, Where, Why, focus on How significant?) Who was/is the entrepreneur? What did he/she do? What were their major accomplishments? What did he/she do to prepare themselves to be an entrepreneur? When did they become an entrepreneur? When did they lead their company? Where did they do business and with whom? Why did become an entrepreneur? Focus On: How significant of an entrepreneur were they? How did they help their business do well? How did they make their mark on their community and in history? What key competencies do they possess and why these?
