Cstm 301 management organization
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CstM 301 - Management & Organization PowerPoint PPT Presentation


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CstM 301 - Management & Organization. entrepreneurship & new ventures. entrepreneurship…. en·tre·pre·neur [ ahn-truh-pruh-noor ] - noun 1 . a person who organizes and manages any enterprise, especially a business, usually with considerable initiative and risk.

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CstM 301 - Management & Organization

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Cstm 301 management organization

CstM 301 - Management & Organization

entrepreneurship & new ventures


Entrepreneurship

entrepreneurship…

en·tre·pre·neur[ahn-truh-pruh-noor]

- noun

1. a person who organizes and manages any enterprise, especially a business, usually with considerable initiative and risk.

2. an employer of productive labor; contractor.

classic vs. serial


Attitudes characteristics

attitudes & characteristics…

  • internal locus of control

  • high energy level

  • high need for achievement

  • tolerance for ambiguity

  • self-confidence

  • passion & action oriented

  • self-reliant & independent

  • flexibility

  • personal experiences

  • personal interests


Social enterprise

social enterprise…


Getting started

getting started…

  • franchise

    • startup

      • lean startup


Internet entrepreneurship

internet entrepreneurship…

  • advertising model

  • subscription model

  • intermediary model

  • transaction model


Family businesses

family businesses…

  • advantages

  • work with family

  • legacy

  • shared values & goals

  • disadvantages

  • work with family

  • succession planning

  • values & goals change


Why small businesses fail

why small businesses fail…


Small business development

small business development…

  • business incubators

  • small business development centers


New venture creation

new venture creation…

  • life cycle of entrepreneurial firms


Writing a business plan

writing a business plan…

  • why do it?

    • identify strengths & weaknesses

    • examine market potential

    • examine competition

    • mission, goals & objectives

    • identify capital & operating expenses

    • communication with lenders & investors


Writing a business plan1

writing a business plan…

  • what is it?

    • executive summary

    • industry analysis

    • company description

    • products & services description

    • market description

    • marketing strategy

    • operations description

    • staffing description

    • financial projection

    • capital needs

    • milestones


Ownership types

ownership types…

  • sole proprietorship

  • partnership

  • corporation

  • limited liability corporation


Financing options

financing options…

  • debt financing

  • equity financing

  • venture capital

  • initial public offering

  • angel investor


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