Entrepreneurship education

The same organizational practices implemented at the beginning of the business are not appropriate in this stage, where OCB as an already successful organization (age of the organization [2]), is trying to grow further in a new sector. Throughout the years, company’s size grew as well as the number of patients served (Size of the organization [2]) and that fact dictated the need for a more structured process of operations. The company, failed in this phase to recognize the upcoming needs for a…

found that 25.8% of people over the age of 55 are new entrepreneurs – a huge leap in comparison to the 14.8% of people in this same category starting business in 1996. Proving once again age is nothing but a number – even more so when it comes to entrepreneurship. But what about the entrepreneurs on the opposite end of the spectrum, can you be too young to start a business? The 40 impressive kids – and millionaires- on INC list of Millionaires Under 20 are proving that you can never be too young…

Feasibility is the assurance that a business design can be executed on a basis of existing knowledge sharing and empirical evidence, as stated by Ajzen (Theory of Planned behavior p.82 2001). The inception of share economy businesses by which entry is valued over ownership through joint consumption has generated demand for researchers to analysis feasibility through pertinent measurements. The nine building blocks of ‘the business model canvas’ (Osterwalder & Pigneur, 2009), enables researchers,…

At my fourth-grade parent-teacher conference, my teacher told my mother, “Nicole is a great student but I think the school work may be too easy for her, she seems to not pay attention in class.” Without a flinch, my mom’s easily replied: “Oh, that’s Nicole for you, she’s just a daydreamer.”Being continuously curious about everything my mind would wonder off from reality into the depths of questions on how could I make an idea or thing different, unique, and purposeful, or make something new.…

1 Introduction Entrepreneurship is a vital aspect of success in today’s business environment it allows for new concepts and ideas to be discovered and consequently finding new solutions for addressing future business problems therefore creating opportunities. Innovation is essential for economic growth innovations and inventions are the backbone of entrepreneurship which in turn creates new value by dedicating patience and perseverance assuming that with the associated risks and receiving the…

I have always dreamed of being an entrepreneur. I know a small business is a big responsibility, although many think of it as freedom and financial stability. As an owner, one has to dedicate lots of time and money to grow the brand and create customer loyalty. As a general manager, I know what it takes to lead and train a team. I will be helping the company expand the brand with the grand opening of two new stores. I believe this experience will help me, as I get closer to realizing my dreams.…

When investing in a business, a person should always have an exit strategy for their business. An exit strategy can be defined in many ways which are: selling to another person or company, a merger which is combining your company with another, and closing the business all together. Whatever is decided, an exit strategy should include auditing, financial records, having a clean balance sheet for at least two years, and making sure all creditors and lenders are being paid (Leggett, 2013). The most…

Four Key Tips To Building a Dope Brand That Will Be Successful! There are many entrepreneur hopefuls who are excited to launch their own startup companies, but what most fail to recognize or take seriously is the importance of brand development. The most important component of a product or a service selling is the brand reputation of the product or service. Even if what you’re selling is great, innovative, and disruptive — no one cares. But building a strong brand will allow you to communicate…

Richardson Insurance Agency has, and will continue to further adopt the principals from Michael E. Gerber’s book The E-Myth Why Most Small Businesses Don’t Work. Here is where the Format Prototype, and the Business Format Franchise, is fully explained. In its quest for expansion capital, Richardson Insurance brokers strongly urges the reader, (all funding sources), to become familiar with this concept. With an understanding of the concept the investor has a road map, a security blanket, for the…

Understanding the Innovation Gap “How Leaders Can Close the Innovation Gap” is an article by Claude Legrand and David S. Weiss published in the Ivey Business Journal, which claims to offer “concise commentaries” and “productivity-enhancing management advice” (Ivey Business Journal). However, the article does not echo the professionalism expected from any business journal, and would more aptly be seen as a passable entry on a blogging website. While four “enablers” for innovation are suggested,…