Profile of an Enterprising Person

Gumption

What would you do?

Boomrock

Key Topics from Today's class

Today there were a number of great discussions regarding business. Of key importance was the following:

• cost of living
• profit or profitability
• production or to produce
• cottage industry - being at home businesses
• niche markets - small and exclusive segment of a commercial market
• minimum wage in nz
• enterprise and enterprising people
• characteristics - passionate, creative, energetic, willing to take risks, resilient, determined, confident, motivated

Next lesson we will continue to watch examples of enterprise in NZ.

Enterprise Key Terms

Niche Market - a specialised and profitable part of a commercial market; a narrowly targeted market

Breva Genie 02 Terre - $132,000 USD

Lamborghini Veneno Roadster - $4,500,000 USD

Cottage Industry - the production, for sale, of goods at home