Apuntes entrepreneurship
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Aldo Cuevas Hurtado
Pablo Alejandro Copado Mendez
Sergio Andre Moreno Pallares
Adriana Michelle Tamayo Baeza
Sarahí Vera Morales
6.6
The Entrepreneurial process
L.O: Identifies and describes the stages of the
entrepreneurial process to launch business
ventures more successfully.
25/01/22
What is the first thing you have to do if you
want to start a business?
1.- Decide why you want
to start (necessity,
professional
development)
2.- Identify in what we
are good
3.- Finding the business
idea
Entrepreneurial process
Is a continuous process that involves
activities associated with identifying and
evaluating opportunities, and bringing
together resources necessary for the
successful formation of a new business to
pursue and seize those opportunities.
1.- Opportunity
Identification
2.- Business Plan
Development
3.- Resourcing
4.- Managing the
company
5.- Growth and
development
25/01/22
1.- Opportunity identification
Identify and evaluate a viable economic
market opportunity that exists due to a
gap left in a market by those who
currently serve it. This allows others to add
value to customers by identifying existing
problems and providing solutions.
2.- Business Plan Development
A good business plan is essential to
exploiting the defined opportunity,
determining the resources required,
and successfully managing the
business.
25/01/22
3.- Resourcing
Gather the resources needed to carry out
the business plan ( Human, financial,
material, ?)
4.- Managing the company
Initiating business operations to
achieve the set goals and execute the
company's mission and vision
5.- Growth and development
Implementing decisions which
facilitate the continued survival of the
business, and its future expansion
determined by the market demand