The entrepreneur is the driving force at the start of the process. They pull together the resources...

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THE ENTREPRENEURIAL START UP PROCESS

Transcript of The entrepreneur is the driving force at the start of the process. They pull together the resources...

Page 1: The entrepreneur is the driving force at the start of the process.  They pull together the resources  The create the company and take the risks.

THE ENTREPRENEURIAL START UP PROCESS

Page 2: The entrepreneur is the driving force at the start of the process.  They pull together the resources  The create the company and take the risks.

The Entrepreneur

The entrepreneur is the driving force at the start of the process.

They pull together the resources The create the company and take the

risks

Page 3: The entrepreneur is the driving force at the start of the process.  They pull together the resources  The create the company and take the risks.

The environment

The nature of the environment, whether it is uncertain, fast changing, stable, or highly competitive

Availability of resources such as capital and labor

Page 4: The entrepreneur is the driving force at the start of the process.  They pull together the resources  The create the company and take the risks.

The Opportunity

Are customers ready and willing to buy your product or service

Are their similar products around Can they live without your product

Page 5: The entrepreneur is the driving force at the start of the process.  They pull together the resources  The create the company and take the risks.

Start Up Resources

Capital Labor Legal & Financial Support Facility Equipment Marketing Focus Group

Page 6: The entrepreneur is the driving force at the start of the process.  They pull together the resources  The create the company and take the risks.

Follow through!

Stick with it and persevere Do not stop if the first try does not go

your way