Entrepreneurship--Lesson 1-3 Slides

Only the wealthy

People with a college degree

People over the age of

Anyone

Ignoring customer feedback

Analyzing market gaps and consumer needs

Replicating a competitor's product

Focusing solely on personal interests

A possibility that arises from existing conditions

A thought from creative thinking

A product already in the market

A risk taken by a business

Hobbies and interests

Past experience

Discovery or invention

Government regulations

Books on entrepreneurship

Magazines for entrepreneurs

Industry trade magazines

Personal savings

Specific, Measurable, Attainable, Realistic, Timely

Simple, Manageable, Accurate, Reliable, Tangible

Strategic, Marketable, Achievable, Resourceful, Timed

Sustainable, Motivating, Adaptable, Responsible, Tested

How much money you will earn

How soon you can pay off debt

Serve a community need

Realize if goals are realistic and attainable