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QUALITY OF ENTREPRENEURS. ENTREPRENEURS ARE . Non-Conformist Risk-taken Flexible Hard-working Goal-setter Enthusiastic Optimistic Resourceful Independent Hard working Strong leader . PASSION FOR WORK . Sense of optimism Sense of purpose Sense of challenge

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Entrepreneurs are l.jpg
ENTREPRENEURS ARE

  • Non-Conformist

  • Risk-taken

  • Flexible

  • Hard-working

  • Goal-setter

  • Enthusiastic

  • Optimistic

  • Resourceful

  • Independent

  • Hard working

  • Strong leader


Passion for work l.jpg
PASSION FOR WORK

  • Sense of optimism

  • Sense of purpose

  • Sense of challenge

  • Sense of ownership whatever

    you do

  • Entrepreneurial success is a highly collaborative process


Key ingredients for entrepreneurship l.jpg
KEY INGREDIENTS FOR ENTREPRENEURSHIP

  • Personal characteristics

  • Technical know-how

  • Marketable Idea

  • Contacts for Assistance

  • Financial Resources

  • Potential customers

  • Supportive Life-style

  • Personal Motivation

  • Leadership Experience


Creativity l.jpg
CREATIVITY

  • A new way of thinking about everything

  • Openness to change

  • Willing to try new things

  • Persistence in seeking possibilities

  • Open to brainstorming ideas

  • Dedication to doing it better

  • Thinking about what you see and hear


Type of entrepreneurs l.jpg
TYPE OF ENTREPRENEURS

  • Self-Employed

  • Team Builders

  • Inventors

  • Pattern Multipliers

  • Economy of Scale Operators

  • Acquirers

  • Speculators

  • Internal Entrepreneurs


Business plan l.jpg
BUSINESS PLAN

PART I

Description of the Business

  • Products/Services

  • Unique competitive advantages

  • Growth opportunities

  • Goals and objectives


Business plan8 l.jpg
BUSINESS PLAN

PART II

Production /Operations Plan

  • Suppliers

  • Regulations

  • Layout

  • Inventory Controls

  • Equipment


Business plan9 l.jpg
BUSINESS PLAN

PART III

Marketing Plan

  • Target Market/Current size and potentials

  • Industry characteristics and trends

  • Competitors

  • Marketing strategies


Business plan10 l.jpg
BUSINESS PLAN

PART IV

Management Plan

  • Legal issues

  • Support systems

  • Organizational systems

  • Employee Management


Business plan11 l.jpg
BUSINESS PLAN

PART V

Financial Plan

  • Income Estimation

  • Estimation of costs

  • Cash flow planning

  • Personal financial needs

  • Financing options


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