Ways Entrepreneur Wannabes Can Determine What Kind of Business to Start
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The document outlines strategies for aspiring entrepreneurs to identify viable business ideas by assessing personal interests, skills, and market needs. It emphasizes the importance of creativity, market adaptability, and leveraging personal experiences to create successful ventures. Additionally, it encourages seeking support through networking, mentorship, and continuous learning.
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The document discusses key concepts around entrepreneurship including definitions of an entrepreneur, the origins of the term, theories of entrepreneurship, and types of technology entrepreneurs. It also examines the link between creativity, entrepreneurship and innovation. Entrepreneurs are defined as individuals who create new businesses by taking risks and exploiting opportunities, often through developing or applying new technologies to meet market needs. Creativity, risk-taking and innovation are seen as important traits of successful entrepreneurs.Entrepreneurship.pdf
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This document provides an overview of entrepreneurship and the characteristics of entrepreneurs. It defines entrepreneurship as developing, organizing and managing a business venture to make a profit, such as by starting a new business. Key characteristics of entrepreneurs include motivation, creativity, versatility, business skills, risk tolerance, drive, vision, flexibility and decisiveness. The document also discusses the importance of entrepreneurs in creating new businesses and jobs, adding to national income, and driving social change. Entrepreneurship is important for a nation's economic success in today's competitive global marketplace.Entrepreneurship Is It For Me
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3) Matt Maloney and Mike Evans founded GrubHub after getting tired of calling restaurants for takeout, and it is now valued at over $3 billion.ENTERPRENURESHIP.pptx12223444566678999775
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Entrepreneurship is the ability and readiness to develop and run a business to make a profit, often beginning with small ventures. There are four types of entrepreneurship: small business, scalable startup, social, and large company entrepreneurship, each with unique characteristics and goals. Successful entrepreneurs exhibit traits like leadership and creativity and manage risks while aiming for profit and societal impact.Practical entrepreneurship training part 1 Spotting the Opportunity
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read this for clearing your basic in the business studies background and the social and the psychology girl themes that matters in a active way of reading and Predator understanding by Twitter in the keyword from the text Brainstorming Your Company and Culture
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The document provides a comprehensive guide on transforming a hobby into a business, highlighting the importance of passion, thorough research, and market testing. Successful entrepreneurs possess qualities like confidence, determination, and creativity, while understanding market needs is crucial to avoid failures. It emphasizes the need for proper planning, support systems, and a willingness to adapt and overcome obstacles in the startup journey.Chapter 6: Entrepreneurship
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The document presents an exploration of career paths for PhDs, particularly in entrepreneurship, detailing personal experiences, risks, and motivations associated with starting a business. It highlights the importance of self-awareness, market understanding, and adaptability in the entrepreneurial journey, especially in a post-pandemic world. The author shares lessons learned, emphasizing the significance of building a supportive team and embracing failure as part of the learning process.Business Maker Launchpad Pitch and Financing 2024.pptx
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This document provides tips on turning a hobby into a successful business. It discusses that the success depends on the founder and the market. The founder must be passionate about the hobby-turned-business and ensure it remains enjoyable. Testing the market is important to validate demand before fully committing. Common obstacles like lack of staffing and scaling up can be overcome by getting feedback, abandoning unprofitable aspects, thinking creatively, taking breaks, and planning ahead. The first steps are thorough research, adjusting based on results, and financially planning without quitting the current job.Ad
Ways Entrepreneur Wannabes Can Determine What Kind of Business to Start
- 1. 油
- 2. Ways Entrepreneur Wannabes Can Determine What Kind of Business To Start
- 3. Waiting for a Kiss from the Muses Is Like Waiting for Godot
- 4. Agenda Look inside you Look outside of you Be curious Push the envelope Be observant Have others help you Set your own direction
- 6. Personal Assessment What do you enjoy doing? What skills do you have? What industry expertise do you have?
- 7. Personal Need Gary Erickson, Clif Bars Liz Lange, maternity wear Sara Blakley, Spanx Pierre Omidyar, ebay
- 8. Do what you love Coco Chanel, Helena Rubinstein and Elizabeth Arden fashion / cosmetics Yvon Chouinard, Patagonia Alice Waters, Chez Panisse Ben Cohen and Jerry Greenfield, Ben & Jerry Ice Cream
- 9. Poll Which other entrepreneurs come to mind who met their own (or someone important to them) need and developed a successful business?
- 10. Questions
- 11. Look Outside of You
- 12. Unmet Need in the Market Ronald Grzywinski, Milton Davis, Jim Fletcher and Mary Houghton, ShoreBank Camille Bressler, Michael Levoshko, Mel Benson, Denise Gallagher, Matt Vinikas, and Marcia Stein, Senior Whole Health Rick Alden, Skullcandy Jerry Torres, Torres Advanced Enterprise Solutions
- 13. Changes in the Market Opens Opportunity: Technology, Regulation Regulation, MCI and Sprint Technology, Vonage and Technology, Skype Technology, Flickr Technology, Netflix
- 14. Changes in the Market Opens Opportunity: Demographic, Psychographic/Lifestyle, Behavior Children who have autism People who are visually impaired Girls who surf or want to
- 15. Changes in the Market Trends Opens Opportunity: Perception Whole Foods Method, Seventh Generation Domini Social Investments Borrego Solar
- 16. Poll Which other entrepreneurs come to mind who took advantage of a change in the market?
- 17. Questions
- 18. Be Creative
- 19. Damn I Should Have Thought of That: The Obvious Gary Burrell and Min Kao, Garmin-GPS Herb Kelleher , Southwest Airlines Charles Schwab, Schwab William Wang, Vizio
- 20. Phoenix Rising: Out of the Ashes of Failure Can Come Success Fritz Maytag, Anchor Brewing Led by Dr. Daryoosh Vakhshoori Ahura Scientific Douglas Quikut, Ginsu Pfizer, Viagra
- 21. Counter Intuitive: Huh! Online book store Online video rental Low priced store, yet employees have benefits
- 22. Scratch a Niche Bob Johnson, BET Rick Alden, Skullcandy Staffing agency for nonprofits and fashion industry Fiscal management for nonprofits
- 23. Poll Which other entrepreneurs typify the creative entrepreneur?
- 24. Questions
- 26. Necessity Is the Mother of Invention: Theres Got to Be a Better Way New Leaf Paper Better World Books Organic Valley of Farms Yahoo, Google, Amazon, Ebay, LinkedIn
- 27. Bright Idea: May Be Not Zipper Ballpoint pen Aerosol spray can Tab to open soft drinks Velcro
- 28. Poll Which entrepreneurs created new processes or new products?
- 29. Questions
- 30. Have Others Help You
- 31. Your Passion: Dogs Brown Fleas Black Small Exercise Leash Collar Yellow Big Clean-up Walk Mind Mapping
- 32. Your Passion: Dogs Brown Black Exercise Leash Collar Yellow Clean-up Walk Big Small Fleas Grooming Mind Mapping
- 33. Mix and Match Industry expertise Passion Skills Interests
- 34. Identify Your Reasons For Starting a Business This is personal journey There are no right or wrong answers
- 35. Determine the Additional Support Youll Need Take classes Join industry groups Join networking groups Network Join peer-to-peer mastermind or CEO Roundtables Read books and magazines on entrepreneurs and entrepreneurial techniques Find a mentor or advisor Use a coach
- 36. Suggested Reading An oldie, but a goody Peter Drucker, Innovation and Entrepreneurship Harvard Business Essentials, Entrepreneurs Toolkit, chapter 2 Entrepreneur.com What's Love Got to Do With It? http://www.entrepreneur.com/startingabusiness/selfassessment/article76120.html You're the Inspiration http://www.entrepreneur.com/magazine/entrepreneur/2005/september/79406.html Scratch a Niche http://www.entrepreneur.com/magazine/entrepreneur/2005/august/78814.html 7 Methods in Choosing a Business http://www.powerhomebiz.com/vol72/methods.htm
- 37. Set Your Own Direction
- 38. Questions