Entrepreneurship education in oklahoma
Download
1 / 17

Entrepreneurship Education in Oklahoma - PowerPoint PPT Presentation


  • 286 Views
  • Uploaded on

Entrepreneurship Education in Oklahoma. Presented by: Glenn Muske muske@okstate.edu 405-744-5776 Other authors: Billie Chambers, Oklahoma State Nancy Stanforth, Kent State Michael D. Woods, Oklahoma State Hong Yu, Oklahoma State. Objectives.

loader
I am the owner, or an agent authorized to act on behalf of the owner, of the copyrighted work described.
capcha
Download Presentation

PowerPoint Slideshow about 'Entrepreneurship Education in Oklahoma' - Pat_Xavi


An Image/Link below is provided (as is) to download presentation

Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.


- - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - -
Presentation Transcript
Entrepreneurship education in oklahoma l.jpg

Entrepreneurship Education in Oklahoma

Presented by: Glenn Muske

muske@okstate.edu

405-744-5776

Other authors:

Billie Chambers, Oklahoma State

Nancy Stanforth, Kent State

Michael D. Woods, Oklahoma State

Hong Yu, Oklahoma State


Objectives l.jpg
Objectives

  • Explore entrepreneurship and role of small business in communities

  • Examine what makes an entrepreneurial climate

  • Introduce 3 Entrepreneurship Curriculia:

    • “An Exploration of Entrepreneurship”

    • “Learn to Earn: Lawn Care and the Environment

    • “Visual Merchandising”


Creating a vibrant community economy l.jpg
Creating a Vibrant Community & Economy

4 Required Elements

  • Enhance human capital

  • Create an entrepreneurial climate

  • Build the digital capacity

  • Expand civic engagement

    + in Rural areas

  • Change the criteria for success – look beyond a single focus

  • Speak with one voice for all rural

  • Build from inside out


Creating an entrepreneurial climate l.jpg
Creating an Entrepreneurial Climate

  • Entrepreneurship must be an explicit economic development strategy

  • Community must embrace and nurture entrepreneurs

  • Access to quality workers/consultants/mentors

  • Supportive public policies


Common questions issues l.jpg
Common Questions/Issues

  • 2 primary

    1. What can I do? – Opportunity

    - Don’t ask “Do I have what it takes?” or

    “What are my skills and talents?”

    2. Where can I get a grant? – Funding

    - Often no idea about what business they

    they want to start, their own ability to

    provide some capital, their own credit

    record or what they need.


The numbers l.jpg
The numbers

  • Small businesses – 16 million nonfarm

  • 50% of private workforce

  • Create 2/3 of all new jobs

  • 52% of all nonfarm output


The numbers7 l.jpg
The numbers

  • Family businesses – 13.8% of households

    • South – 3.2 million - $109 billion transferred

  • Home-based businesses – 5% - 10% of hh

    • Range – 4% NY urban to 18% Vermont rural (IA-10%)


More so what l.jpg
More “So What”

  • Home-base businesses

    • 1/3 of all companies started

    • Original foundation for all economic activity

  • Family businesses

    • 50% of business revenue

    • Disproportionately large in plains & rural areas

    • Families have higher than average income


Slide9 l.jpg

An Exploration

for Entrepreneurship

Part 1: Turning your passion into a career

Part 2: Making a living from your passion

An introduction to the skills needed to operate a successful business. Includes PowerPoint slides with accompanying lecture notes, video clips of entrepreneurs on various topics, and activities.


An exploration of entrepreneurship turning your passion into a career course syllabus l.jpg
An Exploration of Entrepreneurship: Turning Your Passion Into a CareerCourse Syllabus

Course description: Study of the process of getting the idea for the business, honing that idea into a workable business, finding a target market, and promoting the business.

Course Objectives:

Identify characteristics associated with small business entrepreneurs.

Develop the ability to use current skills to identify viable opportunities for entrepreneurship.

Evaluate business profiles and plans.

Identify steps in the design and production processes.

Develop and evaluate promotional plans.

Specific topics will be:

Qualification and characteristics of entrepreneurs

Personality traits

Ownership goals, objectives and risks

Opportunity Spotting

How to find hidden opportunities in your field

Business Profiles and Plans

Type of business: service, value added, retail

Market analysis

Business image, location, projected sales

Product/Service Development

Design process

Production process and work flow

Advertising and Promotion

Establishing objectives

Promotional budget

Creative concept, projected image


An exploration of entrepreneurship making a living from your passion course syllabus l.jpg
An Exploration of Entrepreneurship: Into a CareerMaking a Living From Your PassionCourse Syllabus

Course Description: Getting from a business idea to operating a successful business requires focused hard work. “Making a Living” identifies several of the major business elements required in a profitable business.

Course Objectives: Identify and evaluate various management philosophies used in small businesses; Develop and evaluate a business plan; Develop skills used by entrepreneurs to manage a firm; Identify the various financial aspects involved in a small business; Financial record keeping and accounting Systems; Financing; Profitable pricing; Evaluate the various business structure.

Brief Course Outline

Management Decisions

Organizational culture and management philosophy

Creating the Organization

The 80/20 Rule

Organization and layout of business facilities

Business Planning

Business plans

Customer service

Business Structure and Legalities

Business structure

Licensing and permits

Taxes

Contracts

Intellectual property

Great Employees – A Key Business Factor

Assembling the team

Supervision

Job descriptions, salaries, benefits and training, and performance reviews

Service/Merchandise Plan

Merchandise plan – stocking, buying, & inventory control

Pricing and Break-even

Financial Management

Financing

Financial record keeping, statements, and forecasts

Capital development: personal debt, equity, and venture


Learn to earn l.jpg
LEARN TO EARN Into a Career

Lawn Care and the Environment


Slide13 l.jpg

Designed to teach youth, ages 12-15, how to open their own lawn care business. Focuses on mulching as a niche market.

Includes PowerPoint slides, leader notes, activities and promotional material.


Visual merchandising the silent salesperson l.jpg
Visual Merchandising: lawn care business. Focuses on mulching as a niche market. The “Silent Salesperson”

Hong Yu, Glenn Muske

Oklahoma State University


Program overview l.jpg
Program lawn care business. Focuses on mulching as a niche market. Overview

  • Getting Started: Visual Merchandising Basics

  • Exterior

  • Interior Display

  • Materials for Successful Visual Merchandising

  • Ideas and Techniques for Getting Customers’ Attention

  • Other areas of Visual Merchandising

  • Summary


Visual merchandising defined l.jpg
Visual Merchandising Defined lawn care business. Focuses on mulching as a niche market.

  • Visual merchandising is the actual selling of merchandise through a visual medium.

  • “This is who we are and what we stand for”.

    Pegler, M. M., Visual Merchandising & Display


Reminders l.jpg
Reminders! lawn care business. Focuses on mulching as a niche market.

Visual merchandising:

  • Practice, practice, practice

  • Need not be expensive

  • Adds the “silent salesperson” to your staff

  • Must be a continuous process

    REFRESH! REFRESH!!! REFRESH!!!!!

  • Everything you try may not work, just keep trying

  • Keep displays neat, clean and simple