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A Workshop on “ABC of Entrepreneurship Come with an Idea Leave with a Working Plan”


So what do you focus on when building the business model? • Understand your uniqueness: “Identify your competitors, identify why your product is unique, and validate that the product or service cannot be copied or adapted by competitors.” • Deal with the detail: Pay very, very close attention to detail. Even the smallest thing will trip you up when you’re explaining your plan to investors. They’ve done this many more times than you have. If you have small doubts, address them before they become big doubts (and they will probably become big doubts when you’re presenting your plan and you don’t have a satisfactory answer to a tough question). • Know your numbers: Proper financial forecasting helps clarify the bottom line questions. It has shown us better ways of approaching our pricing and the revenue models in servicing particular client segments profitably. Further, it has highlighted the key performance areas we need to track to drive performance for our operations going forward. • Be real: Be realistic about what you hope to achieve. Don’t over-inflate the numbers. • Explain how you will get things done: Ideas are nothing – it’s all in the execution. If you don’t have a concrete explanation of how you’re going to achieve what you want to achieve, don’t bother. Dream big, but dream real. • Discuss the concept of entrepreneurship and identify the effect entrepreneurs can have on the economy.
by admin09
Free
2 days
3 Lessons
0 Students

This training is a practical workshop which will be divided into two sections. You will learn how to become an entrepreneur and gain the management skills needed to make your venture successful. You will gain skills in finance, accounting, marketing, and people management and learn what it takes to manage a business.

SECTION ONE Participants will learn all the BCs of entrepreneurial activity and all managerial preparations needed to develop, fine-tune, and prepare their business plan

SECTION TWO: Participants will take their business idea to the next level. Mainly their will

  • Create and propose the implementation of a business plan for their ideas
  • Receive feedback on the final project

 

Explore The Business Model For Your Venture

This is an intensive program for highly motivated individuals and teams who want to put their idea to the test and answer this question: Does this idea have real market potential, and if so, what is it and how do I pursue it?

What You’ll Learn:

  • To identify and evaluate business opportunities.
  • To develop business ideas through customer interactions.
  • To use Lean Canvas to document the progress of your venture.
  • To employ techniques to overcome risks and make sound business decisions.
  • To manage your venture efficiently using toolkits and skills in areas of: accounting, finance, people skills, and marketing.

Lessons

Preview

Length: 50 minutesComplexity: Standard

Explaining the approach – How  to integrate a strong action philosophy in developing entrepreneurial ideas, focusing around the "DO Your Venture" ideology Scope & Nature of Entrepreneurship What is a […]

Cluster 2 Assessing opportunities

Length: 35 minutes

Questions To Consider Assessing Opportunities Entrepreneurial Lifecycles (Opportunity Recognition, Opportunity Focussing, Resource Commitment, Market Entry, Full Launch and Growth, Maturity and Expansion, Liquidity Event)  

APPLATON MODULES AND HANDS ON CLUSTERS

Length: 300 minutesComplexity: Standard

Cluster 1: Generating Startup Ideas Out of Problems Participants explore typical situations in their everyday life where they might spot opportunities for user innovations revealing how first-level innovations often begin […]
Who Should Attend? This Program will benefit not only aspiring and current entrepreneurs but also those who are in companies and would like to engage in entrepreneurial activities. This Program is meant for Entrepreneurs and therefore, the job outlook is endless as learners will gain skills that can be applied to all industries.
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