Group 5
Group 5
Group 5
Self- Passion
Motivation
Characteristics of
Entrepreneurs
Know
how to Flexibility
Basic Money
network Management
Skills and
Knowledge
1. Find the right business for you, Find a business that
won’t only be successful, but is something that you are
passionate about. Entrepreneurship is hard work, so you
want to focus your attention on something you care
about.
2. Plan your business, A business plan lays out any
objectives you have as well as your strategy for achieving
those objectives. This plan is important for getting
investors on board, as well as measuring how successful
your business is.
3. Find your target group/audience, Research which
group fits your business model best, and then gear
everything to attract that demographic.
Network, is how you meet other people that might have
skills you can use in your business. You can also find
potential investors through networking to help get your
business model off the ground.
Sell your idea, Your job as an entrepreneur is to convince
people that whatever you’re selling is the best option
available. You’ll have to find out what makes your product
unique and then sell it based off the value it adds.
Market, Marketing is tricky, but if you should be able to
focus your marketing efforts on your target audience. For
example, millennials may be more likely to see an ad on
social media than on a billboard downtown.