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<!doctype html>
<html class="no-js" lang="">
<!-- Entrepreneurship Page -->
<head>
<meta charset="utf-8">
<meta http-equiv="x-ua-compatible" content="ie=edge">
<title>EMB Club</title>
<meta name="description" content="">
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<!--Make a title class for this h1 to make it bigger -->
<h1>Entrepreneurship</h1>
<h2>Let's learn about entrepreneurship with Larry</h2>
</div>
<div class="col-lg-8 col-md-8 col-sm-8 ">
<div class="sngl_blg">
<img src="img/larry/lemonade2.JPG" alt="entrepreneurship" />
<div class="post_info">
<div class="post_intro">
<h1>Larry’s Lemonade: The Beginning</h1>
</div>
</div>
<div class="post_content">
<p>
Larry is an engineer. He works for a company that manufactures doorknobs, and he hates it! He hates punching in every morning, having to deal with his angry boss, and getting paid minimally. One day, he was sitting on his porch contemplating how much
he hated his job. It was a hot Sunday afternoon, and people were walking on the sidewalk in front of his house. Everybody was sweating and complaining about how hot is was! That’s when Larry had an idea. Using his grandma’s
recipe, he would start a lemonade stand! Larry had to take out a loan to purchase all the supplies, including cups, chairs, a table, lemons, sugar, and ice. He had to go to city hall and obtain all the necessary permits
for him to sell his lemonade to the public. He had to figure out a way to tell everybody about his lemonade stand, so he paid for TV advertisements, made several social media pages, and built a website. It was a success!
People started to come from far and wide to try Larry’s lemonade. He eventually hired some neighborhood kids to help him run his stand. People loved his lemonade so much that he opened up lemonade stands on almost every
block in the city!
<h2>Entrepreneurship in a Nutshell</h2>
<ul>
<li>Entrepreneurs are individuals who start and run their own businesses, and are the backbone of the business world.</li>
<li>80% of new businesses, or “start-ups”, fail within the first 18 months</li>
<li>Entrepreneurship is a time consuming, expensive, high-risk/high-reward profession</li>
</ul>
<h2>Why Engineers in entrepreneurship</h2>
The CEO of a 10-figure software company once told me that if he could do college again, he would study engineering (he has an accounting degree). He told me that an engineering degree is a problem solving degree. Engineers learn how to take complex and
ambiguous problems and find solutions that are practical and efficient, which is something they don't teach in the business school. The skills used to complete a rigid beam analysis are the same skills used to perform a
profit analysis for a Fortune 500 company. We also have extensive knowledge of industries that are growing rapidly, such as tech. We get to see first hand new innovations, new markets, and new possibilities.
<h2>Prominent Entrepreneurs</h2>
Mark Zuckerberg, Henry Ford, and Donald Trump
<h2>Meet an entrepreneur</h2>
Input a testimonial from student who is an entrepreneur or a successful entrepreneur about why they chose entrepreneurship and why they love it (preferrably a BYU alum). Want to learn more?
<h2>Want to learn more?</h2>
</br><a href="http://www.investopedia.com/terms/e/entrepreneur.asp">www.investopedia.com/terms/e/entrepreneur.asp</a>
</br></br>Contact the Development team if this seems interesting to you!
</div>
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<h2>categories</h2>
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<ul>
<li><a href="entrepreneurship.html">Entrepreneurship</a></li>
<li><a href="management_consulting.html">Management Consulting</a></li>
<li><a href="sales.html">Sales</a></li>
<li><a href="venture_capital.html">Venture Capital</a></li>
<li><a href="private_equity.html">Private Equity</a></li>
<li><a href="analyst.html">Analyst</a></li>
<li><a href="supply_chain.html">Supply Chain</a></li>
<li><a href="operations.html">Operations</a></li>
<li><a href="investment_banking.html">Investment Banking</a></li>
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