INTRODUCTION TO ENTREPRENEURSHIP
TYPES OF ENTREPRENEURSHIP
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Question
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Developing successful business ideas
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Deciding to become an entrepreneur
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Growing the entrepreneurial firm
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Moving from an idea to an entrepreneurial firm
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Detailed explanation-1: -Any type of business starts with an Idea. So the first step of entrepreneurial firm is seed stage means having a business idea.
Detailed explanation-2: -The four entrepreneurial processes includes discovering, assessing and opportunity, developing a business plan, establishing resource needs, and managing the resulting enterprise (Barringer & Ireland, 2010).
Detailed explanation-3: -Defining Target Market/Opportunities and Threats.
Detailed explanation-4: -Build Your Skill Set and Knowledge Base. No matter what, you want to start and stay curious. Build Your Network. No one ever succeeded alone. State Your Idea, Claim Your Niche. Find and Understand a Market. Design Your Business and Idea. Secure Finding. Build Your Business.