VCE Business Management
Unit 1 Outcome 1 Key Knowledge 2 (Personal motivation for starting a business)
‘the personal motivation behind starting a business such as the desire for independence both financially and personally, to make a profit and to fulfil a market and/or social needs’
0:00 – Introduction
5:19 – Personal independence
6:35 – Financial independence
8:10 – To make a profit
9:26 – To fulfil a market need
10:02 – To fulfil a social need
11:24 – Wrap it up (summary)