EQ: HOW DO ENTREPRENEURS USE PROBLEMS AS OPPORTUNITIES?
Learning Target Understand that problems are opportunities for innovation by examining and identifying with a community issue SUCCESS I will generate 5 business ideas and identify FEASIBILITY by reviewing the ideas and using an evaluation criteria Vertical Divider
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DESIGN
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CORNELL NOTES
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VocabularyEMPATHY OPPORTUNITY IDEATE FEASIBLE |
NOTES: SURVEYSWe’ve all had “Eureka!” moments when we come up with bright ideas for that proverbial better mousetrap. If only we could build it, the world would surely beat a path to our door to buy it. A sure thing!
In reality, new businesses are never sure things. In fact, most business ventures fail. And that usually means entrepreneurs go through tremendous hardship with little to show for it at the end, other than a hard-earned education in what not to do the next time. Perhaps some of this hardship could be avoided if entrepreneurs spent more time analyzing the feasibility of their business concept before they took the leap. Indeed, we are often approached by fledgling entrepreneurs who want help performing a “feasibility analysis.” But what exactly is a feasibility analysis? For entrepreneurs, it basically means carefully considering all of the factors that go into making a “go” vs. “no-go” decision. This might mean different things to different people, but here are a few factors that come to mind (some of these overlap):
https://www.caycon.com/blog/2015/01/is-your-concept-feasible |
GROUP ACTIVITY:
![](http://www.weebly.com/weebly/images/file_icons/rtf.png)
idea_guide.docx | |
File Size: | 222 kb |
File Type: | docx |