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Unit 2.0 (Notes Ni Cas)

The document outlines a course on entrepreneurial management, focusing on the characteristics and mindset of entrepreneurs, including personal attributes and the importance of overcoming self-doubt. It discusses the entrepreneurial journey, the impact of isolation and mental health challenges, and strategies for success. Additionally, it covers entrepreneurial motivations, ego, and the significance of effective business planning and operations.
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0% found this document useful (0 votes)
31 views8 pages

Unit 2.0 (Notes Ni Cas)

The document outlines a course on entrepreneurial management, focusing on the characteristics and mindset of entrepreneurs, including personal attributes and the importance of overcoming self-doubt. It discusses the entrepreneurial journey, the impact of isolation and mental health challenges, and strategies for success. Additionally, it covers entrepreneurial motivations, ego, and the significance of effective business planning and operations.
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF or read online on Scribd
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ACCTY. INST. 3 ENTREPRENEURIAL MANAGEMENT Rate va BNE PNO EO SRADPR SIMARD Pes “This course is ntonded to expand your knowledge ofthe fundamental idea, ther pts related to 2 science and ana 8 wel ast ents {o ink ica end putter nowound knowledge to Use waye that wi mprove thelr potential as ‘re i. SS TT TT ROTO EE a tt meets terrier i el a ee CE fist gotetnan tewmenererarne ee Braces amcronicicemeteetioetee Four Characteristics ofan Enreproneurl Nindsat (Skll-Based) 4. ‘Ability to confront se-doubt 2 3 4 EST TT SATA 1. Personal Attributes: (obi\iy to contol stir dey 22. The Entrepreneurial Journey & mantras and Entrepreneurial Ego, Motivation & rr ‘ake different paths to achieve success, and ing one. Entrepreneurs take on a number of different Guide to entrepreneurship to achieve your goal is by avolding mistakes. the if of an entrepreneur, which can also sometimes lead to periods with big dreams and excitement. As an entrepreneur, you ‘control your own destiny, and wath the ght ideas, the ight skilset and unflinching deletion, you Waalth or establish an enterprise toserve.as yourlegacy, a A VE TTT TALE This isthe bight side of entopreneurship, ‘Tha fgors of entrepreneurship demand sana a. er aso acai, process, The more you inves the mare You rap n rewards Rinse tS CO. 8 Gve-andtake . Dealing with entrepreneur isolation (i... aera CON Eepencuh, fen Peres bcos an mental health challenges foc indviaya, nucaaab pose Frond wot ong ogicaty er rose Sal | can actualy be isolating, ness owner, Uness cess, wih tues the depression Isaltion intensifies depression among entrepreneurs, support networks tke Network Group for peer interacion addressing potential mental health issuce, sr actly impacting finances and team dynamics, erscorng te inpartaee of sein fd combating lorainess, thera Stratogies of business leaders in overcoming Isola Collaborate & Co-work een) = 3h 2 3 GatHelp 4 Statogles of business leaders in overcoming depression 41, Look beyond self-help. twee » 2. Find a safe space. E. Entreprenourial Ego, Motivation & Corporate Entrepreneurship E41. Entrepreneurial Ego > ‘Natural leadership qualities and a desire to lead are criven by ego. Egos. important. Without a healthy ego entrepreneurs don’ have the necessary intemal reserves to Suvi the dally rigors of startup Ife How the Ego Works in business Indcations of employees experiencing e90 4. They think they did all the work. 2 They think they're the smartest people inthe room. 3. They won't give up control. 4, They talk but dont iste, 2. Entrepreneurial Motivations {The 6Cs that motivate entrepreneurs to establish thar own business areas follows: 1. Sane = Enero oan wa ag, ha ay GS ay BG wa gc ee ce eae a Eat” See at cng rt te tatraveereraen dioteStay teeta yee nec Searels eager eens vaso gros sacs oor Independence to make new discoveries. J erate to Ica tape etnies eecslantoretcrcs Fr GL 8 Productlcompany in which they have no way to shape thelr destiny be] Pell Geel Chere aaah eye Eilers rete cmrectatents {an existing organization, creates a in association with an existing organization, creat a now ‘rgantztion or instigates renewal or Innovation new organiza of insligees renewal or Innovation wthin the organization within the organization, [TOPIC : Business Roadmaps 4 2.3. Entreprenourial Strategies and Models seater mats none at ae rs eg Ps esi erpreaurl rig nde wt st terres ek tie, ota we vssoned ans. hm ur models of carport enrprereuni a sto ano ogarcnia omens _ (on he Resource Avbory be a : o pangs soc-ctal tons an acne tacos canto eponcen lic evteamet, eran eles, ee aco a set iy ran 9 en ete ETS chi pt ta Se sara sr, ‘consumer Prfornces snd Te stoma ners hanging connate ne peoens Sing posal ai win crs aca andar ec ‘Thane unctrsts ww uci, cont, human scuce manages yt nd cts 44, New Koodo: | amowak indesat at caponteantepenaztipfeues when bess stuctre Soetaone to ae opponny saing aay ean opetinn & ae race 2once 7. .. = [Questions to ity Seeking include explonng new products, markets, and ways of | Siting extsmere | ‘There nuchal chractftc facts e mtacingofideas anderson kone rezone sen nn ed ene ara ses, A earemay hana eptanel scay Set Sea tne ‘Seinave gh seuctes rows nde mepetacontnans crane ber aaet eree oe Enrpreneur often fe oportinte by aling busines eas wn te paren! pesos si, ‘Thered change ess comers renuts ss ompjens bcnmn uecesemane Seer ard experiences. pene ; Wang «business sa an ling you beter undo you congebton sn mae, 8. Unexpected Evens opening ooo ver nd pererans peste tans see ‘Unerpecod changes inte busines envionment can geset new oppetunis, ture Tend es 1h ‘ie ends sows envopanes to wee eres tel : setting ero thy cone Madr ema poy ted as en nang, 8 Opporimty Serring tate erty Seerng Ont opti eta hub ai seine 7 Sis ral cond emp ores pacha countess saa, meen ie toe oS BRR ren tm erteprmurs sine erent gn ecepbion. the pres fope pare oponsan bam | a heteeana un on te ty. sence rey Sig Mai 8 an st eens eon tt | a Bonn or ponte Set pan | ‘A Opport Copan Screens | gis tone tr 2 To 2s of Opportnty Screen - ariay seta «sis acy sor atl aes er er a, ao chet of eterna oe Pea ee nei SR | aa | Saar trey teem Soo be syeupimndon hme accents ago Gay ir acs oh Freensg enon Seimei orate toon ee eae 2 Remon enews parts mt gro ean woe 2 2 Repti cvs Sagoo tm ga | Drege pre, ows a pti bh eng tad one sug. ete Pejreaite op stgban cao sanpe poaea earnest ie. ray ene ppoion erin tow ats aes ty canbe ponsee Tepe ees Forwouksbnerwprenous, they may sae a puss an Spano fat wae emo PCa Socata by ops ee ‘es hetien a rscnroneae ‘Revers polenta dels oss otal tbe cic or snus ou wan ot Ravn| ote lunton fis mr tied anh pb teed Ow eta, ad gE oe Oppertaity | Orpartenty| Onpertene| ; 3 a ele y cot] | ; a lees esa palo ea| ee | eat a ln te Dh aoe 1 pnaion tc th ppot eancee mm ft, Te entepenearshoddassss sla ES er agement Le ear ooaeence cage = won ‘Heipsdlwaw scribd comipresentation'4 16888844/Opporunity-Screening Soot ne ante 26, vital Aspects, of an Enterprise (Marketing, Operations, Finance, Organization & tamer wee some Management and System & Administration} ‘Shrew sre comlncunat 7B 2120p Senin at RemTRa Set ant 10a poste indcaton, rain tm th a cea on i senopur rane meng ice Oe ae tne Nemes Bavalaie eaaeetpiea canton’ Cs dponngenbesaghe open nccas Ferma rata egy on parang pic pg tbat, ‘ sone ero ae oe range te mat Bei pis wean eae see Etat tum fe wh sa i rg i oie ci SE rae cis tc ow test rca me pra nh ae Fas estat er fat ‘high potential retums. It indicates Mat the higher the sak, the higher the potent a 1. Product este: Ensuring estar atacon rowan predic quays bart. 2 Datbulon tant Sslocing canals reaching naed cate. 3 Bnei Oedra narra, anh o der weno acs Saar ae ST SRT SST SS TT RCT a eS —<——<—_—_—_—_——_ Unieianing te potion ext pa nt coi sears plang nd eusny pom marta let een coving expenses ramon, dt sls, ade adn a phon et peut ty exon one Sa elas ‘scvos ic ox petra expenses tls, toon cats nd nto oP" Mag ara hepa hee bun cue lad sove ncarnnbae cle es esenare ponaty camel 8. OPERATIONS The om of conptn rccton opr Production Planning: Ti coer tow prc witb sie obi mat eng, ‘fection poss nent tow wm ae tse hed pe ‘vu sesh eiting, asenbing, nd paca, Aw carcan hop Wain esses HEN 2 Fed Astor Prost: Kerth necesay bulge and machina nd theo, | Financial planning icc foray ties tenses vals recess capt 3 Depecaon Sate: Do nd of ets at ttt ere! degas | pissacarrin acters mer tito ate accordingly. ime oF relatives, or seinvestmert. t also evaluates business proftabilly using finanaal statements ara ‘ia ees sents es ae = = componet ot Prac Pa: ae : 1 Tt con estan pn wn ng pt ad 7 oe 2 Financial Statements: lncome Statement, Cash Flow Analysis, and Balance Shoot = ayer oe i Sieomennemrtewens ia a = 1 Sls Soc am egy ee — Tra =——|| a peti of anc Prong nas a aan cles cote Sebo Geeta Cee ce 1 am Cpt Pig uta oe ptt a i Ses, 6. Terms and Condtons of Purchase: Decking when and how machinery wl be pl fr 7. Factory Locaton and Layout Selecting theft oaton and ranging yout. Raw Material: Listing requted row maori or pedutn eerie ont a 8. Cost ot Row Mater Estimating the cost of matr Usopeming miberaoa area aos, 10, Araby f Raw Mate: Henshing sources and her yearound avai, Zou Foe Samat htt, ddan cats a ee eae Eston for uncaring acta esh pation and manag finde eta. * 2, ataoe Sheet 12 Lar Cost: Caleta th ott bo. Proies erapsho of tancal oan relies stata, astes, en ogy 8 Lor Araby: Considering abr avalubiyfvoughou he yer ad is impact on producton. lon he gunn: Atte Unies + Equy ‘4. Laer Producti Evaluating haw many product ech worker can proce. 4 Sales Forcast rect abe fra ven pod "18 Factory Ovenend Cost: Wontyingadtonlepances cured inte facto, (Gch fo basse plomig oe tracing vest. ‘Shou eon wh pet doe eaten ‘8 Protucton Cost Cale tl production cast f, pte Ran nda oa a ee 18 Producton Cot por Unt Oeming he cost por nt of producon ator nach as rss arp ea on ener ae debo-euty hep ase buses “ ‘Break even anys ques peng en proaucln geen. (een Se Sie TT ATER STAT ET TST SS RTE Orvanization and Management Pian Overview The. jon a mana tines sr Sort lan ties tow te buinse wa sreampassen ay Som be cts ane pete {om ofButines Sone cen lg ‘tog Suton te 13. Seve and Profits: > arden bo anne St snl, erohatng tempor of nrg te ete | ‘marketing te prosuchlvences ze os 4, Key Pennnet > Profle didi response fe orgarzatonl managemen, ettng fi quieatos, erence ‘experi, and corabuton secu anc end ese ‘Setar Toecingcheark tne nnd oe atop eg Es Frames sandpaper sey eneaeh dense Paz ans mrmectner sinter erent {Sora = 1 Spi nee my wee tne ot ‘Siopenera vents Pootime 5 ME eMcecs PQ t mB VIOA De CMERFRICE Vanascapine S74. g- 4 B- 4-1 8-4-4 Wends 4 Ue Lame — prequc! @ bnemeee ideas ine greareeies

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