1. ENTREPRENEURSHIP Lecture No: 2 BY CH. SHAHZAD ANSAR

2. PROCESS

3. 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

4. Change From Present Lifestyle

5. Desirability Of New Venture Formation

6. Possibility Of New Venture Formation

7. Types Of Start-ups

8. 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

9. ENTREPRENEURSHIP Lecture No: 2 BY CH. SHAHZAD ANSAR