Introduction to Entrepreneurship
Opportunity Seeking
Opportunity Screening and Seizing
Personal Mastery
Enterprise Building and Delivery System
100
“The inclination of my life has been to do things and make things which will give pleasure to people in new and amazing ways. By doing that I please and satisfy myself.”
What is Walt Disney's definition of entrepreneurship?
100
Time of danger, Time of opportunity
What is Wei Ji?
100
Factors that could make or break the opportunity
What are critical factors?
100
to Think, Intuit, Feel, Do, Communicate, Lead, Be
What are the 7 personal masteries?
100
Futuristic image of a business expressed in concrete terms in a timeline of how a business will be
What is vision?
200
Mastery of Self, Opportunity, Enterprise
What are the 3 masteries of an entrepreneur?
200
An idea that has commercial potential; Something you can make money with, develop a business around it, or create value with it.
What is an opportunity?
200
An idealized abstraction of the product or service to be offered to a preferred market, i.e. logic behind the business
What is a business concept?
200
Socratic/Harvadian system of thinking, i.e. about endless questioning
What is critical thinking?
200
Enterprise's or business' reason for existence
What is mission?
300
Mind frame, Heart flame, Gut Game
What is the anatomy of an entrepreneur?
300
Macro-Environmental Sources, Industry and Market Sources, Consumer Preferences and Perceptions, New Knowledge, Talents/Hobbies/Interests/Skills/Exposure, Opportunities from the unexpected, Opportunities from the future
What are the sources of opportunity?
300
How businesses make money for the stakeholders, stockholders, lender, landlords, and employees
What is a business model?
300
Expansive or Diverging way of thinking
What is creative thinking?
300
Sales, Financials, Customer Impact, Job Generation and Welfare
What are the 4 general types of objectives?
400
Visual, Holistic, Intuitive, Innovative, Conceptual, Imaginative part of the brain
What is D?
400
Allows the entrepreneur to take a leap of faith in the future in order to exploit opportunities today
What is megatrending?
400
Invest X amount now; then achieve A amount of sales, B amount of net income, and C% ROE
What is a business offering?
400
Way of thinking that makes use of mind maps
What is associative thinking?
400
Specific manifestation of objectives, i.e. objectives broken down into sub-metrics
What are key result areas?
500
“Any creative and innovative solution applied to solve social problems” (Mohammad Yunus, 2007)
What is social entrepreneurship?
500
An opportunity to be in that market.
What is CHERCHEZ LE CRANEAU?
500
KKK - Katugma ba? Kikita ba? Kakayanin ba?
What are the 3 opportunity screens?
500
Way of thinking suitable for policy-making
What is integrative thinking?
500
Inputs, Throughputs, Outputs, Matching, Outcome
What is an enterprise delivery system?
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