Innovation Quiz 1
Attractive opportunities combine _____________with ____________ and address important problems with in __________________.
good timing, realistic solutions, avorable context.
Using your talent to make money
life style
What does it take to succeed in Entrepreneurship?
oppurtunity discovery, discovery elements.
A company built for the purpose of being sold
sellable start up
Business has to create ______________ & ____________
value and impact
An informed and forward-looking statement of purpose that defines the long-term destiny of a company
vision
What is innovation?
Creativity + Implementation
Undertaking the creation of an enterprise or business that has the chance of profit or success.
Enterprenurship
Why CHOOSE entrepreneurship?
Money, independence, freedom, create, help
a combination of circumstances with a good chance for success or progress
Opportunity Discovery
Why Not Entrepreneurship?
Risk, failure, peer pressure, opportunity cost, and family pressure.
There no clear financial planning or documentation
Small Start up (inn expandable
the 4 characteristics of an attractive opportunity.
Timely, solvable, Important, Profitable..