Marketing workshop session (1)entrepreneurship
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The document discusses entrepreneurs and starting a business. It defines an entrepreneur as an individual who recognizes opportunities, gathers resources, and drives opportunities to completion. It notes that entrepreneurs are the catalyst for economic growth and new industries by creating new jobs. Successful entrepreneurs must be comfortable with ambiguity, have self-discipline and tenacity, and not be afraid to fail. The document provides advice on removing barriers to innovation, developing a funding plan with multiple stages, and potential sources of funding such as private investors, banks, and government sources.
Marketing workshop session (1)entrepreneurship
- 2. Idea BackRub For Sale Dept First Launch Initial Public Offering
- 3. Study Of Entrepreneurs Entrepreneur : Individual Who recognizes Opportunities, Gathers the resources needed to act on those opportunities and drives opportunities to completion So . Why ?!
- 4. Economy Growth - The Catalyst For Economy Growth - GDP - Economic Cycle New Industries - Makes New Industries - Makes New Jobs
- 5. Must be Comfortable with ambiguity Must have self Discipline and Tenacity Must not be Afraid to Fail Remove Barriers to innovation - lack of confidence - Financial needs - Time constraints - lack of skills
- 6. For Pillars of Business - Manpower - Information - Materials - Capital
- 7. Funding plan : - Determine what your company needs - Target your potential sources - Use multi Stages plan - Keep taps on your progress Stages
- 8. Stages
- 9. Private Investors Dept: - Banks - Government Sources Equity
- 10. Stages