INTRODUCTION TO ENTREPRENEURSHIP
DEFINITION OF ENTREPRENEURSHIP
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Question
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Step 1
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Step 3
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Step 4
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Step 6
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Detailed explanation-1: -The third step consists of the execution stage. In this step, Individuals take different steps to execute the idea they have thought of to convert it into an entrepreneurial business.
Detailed explanation-2: -3. Planning: Once you have decided that an opportunity, you need a plan for how to capitalize on that opportunity. A plan begins as a fairly simple set of ideas, and then becomes more complex as the business takes shape.
Detailed explanation-3: -Figure out what problem is being solved. Find your market. Find your support. Create a financial model and plan the first phase. Figure out your source of capital. Build the MVP. Find the pivot. Stay positive. 11-Jun-2012
Detailed explanation-4: -Stage 1: Inspiration and ideation. Stage 2: Execution. Stage 3: Scaling the business. Step 4: Reaching the top of the mountain. 07-Nov-2019