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Entrepreneurship: 1.starting 2.customer 3.disc 4.target 5.too 7.credibility 8.size 9.switching

This document discusses various topics related to entrepreneurship development including: 1. Different types of entrepreneurs such as opportunity entrepreneurs and necessity entrepreneurs. 2. Models of entrepreneurship like the E-Myth model which describes the roles of an entrepreneur, manager, and technician, and the Timmons model which focuses on demand, resources, and teams. 3. Examples of successful entrepreneurs including Lolly Wolly Noodle and Ocean Sole and how they identified opportunities and leveraged resources and teams.

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Vamsi Krishna
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57 views3 pages

Entrepreneurship: 1.starting 2.customer 3.disc 4.target 5.too 7.credibility 8.size 9.switching

This document discusses various topics related to entrepreneurship development including: 1. Different types of entrepreneurs such as opportunity entrepreneurs and necessity entrepreneurs. 2. Models of entrepreneurship like the E-Myth model which describes the roles of an entrepreneur, manager, and technician, and the Timmons model which focuses on demand, resources, and teams. 3. Examples of successful entrepreneurs including Lolly Wolly Noodle and Ocean Sole and how they identified opportunities and leveraged resources and teams.

Uploaded by

Vamsi Krishna
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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Entrepreneurship Developmemt

Entrepreneur, enterprise, Entrepreneurship

History - Indus valley , Mesopotamia

Plannig , Infrastructure, economy , Specialisation

Olden days - socalist.


Conflict - led to loss of trade in india

2. oppurtunity Entrepreneur(inno)
3. necessity entrepreneur

Innovator
Immitator

#Applications for the types entrepreneur

#Benefit for society and nation ?


Increase in jobs. Better lifestyle.
Inflation - Demand > supply

#Social Benefits

Reduced inequality
Crime and development - direct link

#Factors affecting -
Finances - social financing
Procedures - sole proprietor
Industry Scenario - competetion, acceptance
Lack of knowledge -

#what they get wrong-

1.starting late
2.customer feedback
3.disc. pricing- if they get used,they wont pay higher
4.target customers and investors
5.too small - sell perc. To grow
6. Efficasy- expand
7.credibility - deliver what you promise.
8.size - Human resources - expand&specalise - multitask to spl.
9.switching costs
10. sales framework for startups
#Definations-

1.Dan Sullivan - Value Addition

2.Jean baptist - lower level commodity to higher levels , potato - chips

3.Peter drucker - create opportunity


(Opp. Entrepreneur)

4.Take risks

5.A Visionary

6.Tom peters - put in hardwork - 17 hrs a day - self belief and passion

7.Get on the bike , dont think of falling off , get a map and footwear later.
- Dick from Twitter

8.They are doers. Not Dreamers.

#E-Myth-Model

Triangle - entrepreneur , manager , technician

Last to work in the business .


Entrepreneur works on the business

Eg - passion in flowers to Florist

#Timmons-Model

Demand - need, ability , willingness

Resources, oppurtunity , Team

R- physical,human,Finance,Intangible

#Eg- Lolly wolly noodle

Opp - placed them in bw std. And customised

Resources- human res. As designers,tech support, req. All four

Team - tech supp. , Tailors, designers for website and base designs

#Eg- Ocean Sole

Opportunity-
eco friendly
local engagement .

Resources -
human : collecting and designing
*Marketing - brochures and samples*
Teams - gathering teams , marketing team,

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