A guide to entrepreneurship_David Oates
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This document provides an overview of entrepreneurship and discusses 5 case studies of different types of entrepreneurs. It describes David Oates, the author of the guide, and outlines 8 types of entrepreneurs. Each case study analyzes a different entrepreneur and identifies which type they represent - including a would-be entrepreneur, one-dimensional entrepreneur, halfway-house entrepreneur, blinkered entrepreneur, and technology-shy entrepreneur. The purpose is to demonstrate the various paths small businesses may take and obstacles they must overcome.
A guide to entrepreneurship_David Oates
- 1. A GUIDE TO ENTREPRENEURSHIP -DAVID OATES
- 2. DAVID OATES Born in June 1962 British Sports Commentator BBC Journalist Died on February 3rd 2013
- 3. OVERVIEW Demonstrates how to make a small business works Decides the course and skills required What obstacles we have to overcome
- 4. TYPES OF ENTREPRENEURS WOULD BE entrepreneur ONE DIMENSIONAL entrepreneur HALFWAY HOUSE entrepreneur IMPOVERISHED entrepreneur BLINKERED entrepreneur TECHNOLOGY SHY entrepreneur SMOTHERED entrepreneur MATURE entrepreneur
- 5. CASE 1: THE FIRE MAN Fire protection product idea Intumescent material that expands in heat Not enough sales to justify investment Full support by the company raw materials and finance Within 5 years 400,000 pounds turnover
- 6. WOULD BE entrepreneur ONE DIMENSIONAL entrepreneur HALFWAY HOUSE entrepreneur IMPOVERISHED entrepreneur BLINKERED entrepreneur TECHNOLOGY SHY entrepreneur SMOTHERED entrepreneur MATURE entrepreneur WHICH ONE ?
- 7. CONCLUSION : WOULD BE ENTREPRENEUR
- 8. CASE 2: A TUFF NUT TO CRACK Excellent Salesman Servicing and repairing computers Agent to market products to Europe Started manufacturing his own range New product line had a problem
- 9. Bought companies abroad bought their problems too 750,000 pounds of investment He diluted his stake to keep the company afloat Dismissed from the company
- 10. WOULD BE entrepreneur ONE DIMENSIONAL entrepreneur HALFWAY HOUSE entrepreneur IMPOVERISHED entrepreneur BLINKERED entrepreneur TECHNOLOGY SHY entrepreneur SMOTHERED entrepreneur MATURE entrepreneur WHICH ONE ?
- 11. CONCLUSION : ONE DIMENSIONAL ENTREPRENEUR
- 12. CASE 3: SHOE FIRM A BETTER SHINE Company closes 270 workers out of job Co op formed with 190 workers No banks to fund No knowledge about marketing Initially no wages yet one family
- 13. Restriction only 18 Unexpected order when demand increased due to closure First year turnover 50,000 pounds Debts and mortgages were to be paid Diversification
- 14. WOULD BE entrepreneur ONE DIMENSIONAL entrepreneur HALFWAY HOUSE entrepreneur IMPOVERISHED entrepreneur BLINKERED entrepreneur TECHNOLOGY SHY entrepreneur SMOTHERED entrepreneur MATURE entrepreneur WHICH ONE ?
- 16. CASE 4: FLOWERS AT HARRODS Johanna Sheens Problem Answer start her own business Several experiments elegant pictures from pressed flowers Direct selling market Camping outside Harrods Flourishing export business
- 17. WOULD BE entrepreneur ONE DIMENSIONAL entrepreneur HALFWAY HOUSE entrepreneur IMPOVERISHED entrepreneur BLINKERED entrepreneur TECHNOLOGY SHY entrepreneur SMOTHERED entrepreneur MATURE entrepreneur WHICH ONE ?
- 19. CASE 5: LASER SHARP Greenslade laser technology 150,000 pounds couldnt be raised personally Government grants 36,000 pounds regional development grant 90,000 pounds government guaranteed loans 50,000 pounds own capital
- 20. First commercial laser in 1970s Experiments of FERRANTI Usefulness international welding exhibition
- 21. WOULD BE entrepreneur ONE DIMENSIONAL entrepreneur HALFWAY HOUSE entrepreneur IMPOVERISHED entrepreneur BLINKERED entrepreneur TECHNOLOGY SHY entrepreneur SMOTHERED entrepreneur MATURE entrepreneur WHICH ONE ?
- 23. THANK YOU Presented By, Avril Rodrigues