ENTREPRENEURSHIP Lecture No: BY CH. SHAHZAD ANSAR

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Presentation transcript:

ENTREPRENEURSHIP Lecture No: 2 BY CH. SHAHZAD ANSAR

PROCESS

Entrepreneurial Decision Process refers to the decision to leave a present career or lifestyle (to pursue that ‘big idea’) due to: Unpleasant work environment Disruption Completion of educational degree. How will the completion of your educational program influence your entrepreneurial decision process? Got any ‘big ideas’? 6 6 6

Change From Present Lifestyle

Desirability Of New Venture Formation

Possibility Of New Venture Formation

Types Of Start-ups

There are 3 types of startup ventures: 1.A lifestyle firm exists primarily to support the owners and usually has little growth opportunity. 2.Foundation companies are firms created from research and development that lay the foundation for a new industry. 3.High powered ventures (“gazelles”) are new companies that receive the greatest interest and publicity. 7 7 7

ENTREPRENEURSHIP Lecture No: 2 BY CH. SHAHZAD ANSAR