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Entrepreneurial Opportunity
Recap… Part One Entrepreneurial Opportunity
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We Covered… Understanding Entrepreneurship
Preparing for the Entrepreneurial Journey Recognizing and Creating Opportunity Developing a Business Model
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Organizes, Manages and Assumes Risk of a Business or Enterprise
What We Know… An Entrepreneur… One who Organizes, Manages and Assumes Risk of a Business or Enterprise
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What We Know… Entrepreneurs Innovate to… Solve Problems
Improve Quality Preserve
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What We Know…. About VALUE…
Content Devices Distribution Networks Customer Markets Exchanges Growth
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Entrepreneurship The Business Model… How do you make money…?
Monetize Value Manage Cash Flows Provide Returns
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Answer These Three Questions…
So What...? Who Cares…? Why You…?
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Preparing to be an Entrepreneur
Find a mentor Build a network Learn about entrepreneurs Identify reasons for wanting to own a business Analyze personality and business preferences
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Venture Checklist Do you have what it takes to make it as an entrepreneur? Why do you want to start a business? What type of business would be good for you?
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