Outline. 1. Reasons for starting one’s own business

1. Reasons for starting one’s own business.

2..............................................

3. Common misconceptions about entrepreneurs.

3.1.........................................

3.2.........................................

4..............................................

2. Read the text again and say if the following statements are true or false

according to the information in the text.

1. People start their business for various reasons.

2. All the people starting their own business want to be independent.

3. Many people hesitate to set up their own business because they are

afraid of failure.

4. Real entrepreneurs are like gamblers because they solely depend

on chance to succeed.

5. Starting and running a successful small business requires a lot of

formal education and experience.

6. Many entrepreneurs fail because they are only interested in money.

7. Ability of dealing with people and communicating effectively is an

important trait of a successful entrepreneur.

3. Match the halves.

1. For some people owning their

own business

2. Many people hesitate to start

their business because

a. by someone with an idea and

a dream.

b. who depend solely on chance to

succeed.

3. Real entrepreneurs aren’t gamb- c. have a great deal of energy.

lers

4. Successful entrepreneurs do

everything possible

d. certain basic skills and some

background in the business.

e. their owners were only interested

5. Starting a successful small busi- in money.

ness requires

6. Many businesses fail because

7. Really successful companies

are founded

f. to minimize the risks.

g. they don’t think they have enough

education.

h. has been a lifelong dream.

8. A successful entrepreneur must

4. Look through the text again and find the English equivalents of the

following collocations.

Материальное вознаграждение; мечта всей жизни; добиваться

осуществления мечты (идти за мечтой); зарабатывать на жизнь;

трудное, ответственное дело; жизнеспособное предприятие; мифы

и заблуждения; целиком полагаться на случай; свести риск к мини-

муму; справиться с риском; ставить разумные, достижимые цели;

образование, полученное в учебном заведении; предполагаемый

бизнес; потерпеть неудачу; зарабатывать деньги; побочный про-

дукт; воплотить мечту в жизнь; определить приоритеты; знание

своих слабых и сильных сторон; достигать цели.

5. Comment on the following statements from the text.

1. People start their own business for various reasons.

2. There are a number of myths and misconceptions about entrepre-

neurship.

3. There are a number of common traits successful entrepreneurs

share.

6. Summarize the text in 5–7 sentences.

Text 2

1. Read the following text and find out what franchising is.