6th meeting.pdf - BUSINESS PLAN ENTREPRENEURSHIP Entrepreneur Personality Risk Tolerance Inisiative Creativity Steps to be Entrepreneur 1 Identifying


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Entrepreneur Personality Risk Tolerance Creativity Inisiative
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Steps to be Entrepreneur 1. Identifying advantages & disadvanages being of entrepreneur & creating business 2.Assesing market condition 3.Developing competitive advantage 4.Developing business plan 5.Risk management by entrepreneur
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Cost vs Benefit Pro vs Contra I. Identifying advantages & disadvantages of being entrepreneur & creating business
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II. Assesing Market Condition Demand Rivalry (blue ocean vs red ocean) Work force condition Law & Regulation
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III. Developing Competitive Advantage Produce products efficiently Produce products with high quality Using internet technology
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IV. Developing Business Plan
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