Description: This document serves as a comprehensive guide for aspiring entrepreneurs and business leaders, focusing on the fundamental principles and practices of entrepreneurship and business management. It is designed to help readers understand the critical elements required to start, grow, and ...
1 Table of Contents
1 About Central Technical College ..................................................................................................... 6
2 Our Teaching and Learning Methodology ...................................................................................... 6
2.1 Icons ........................................................................................................................................ 8
3 Introduction to the Module .......................................................................................................... 11
3.1 Module Information.............................................................................................................. 11
3.2 Module Purpose .................................................................................................................... 11
3.3 Outcomes .............................................................................................................................. 11
3.4 Assessment ........................................................................................................................... 12
3.5 Resources Required for this Module: ................................................................................... 13
4 Prescribed Reading ....................................................................................................................... 13
4.1 Prescribed Book .................................................................................................................... 13
4.2 Recommended Articles ......................................................................................................... 13
4.3 Recommended Multimedia .................................................................................................. 13
5 Module Pacing .............................................................................................................................. 14
5.1 Week 1: THE ENTREPRENEUR ............................................................................................... 15
5.1.1 Introduction to Entrepreneurship................................................................................. 15
5.1.2 Different Concepts of What an Entrepreneur is. .......................................................... 16
5.1.3 Entrepreneurship vs Intrapreneurship ......................................................................... 16
5.1.4 Why Do Entrepreneurs Do What They Do? .................................................................. 17
5.1.5 What is required from an entrepreneur? ..................................................................... 18
5.1.6 Personal resources an entrepreneur can use ............................................................... 22
5.1.7 Merits and Risks of an Entrepreneur ............................................................................ 22
5.1.8 Reason for entrepreneurs failing .................................................................................. 24
5.1.9 Avoiding Pitfalls ............................................................................................................. 24
5.1.10 The Entrepreneurial Process ......................................................................................... 25
5.2 Week 2: CREATIVITY AND IDEA GENERATION ...................................................................... 28
5.2.1 Introduction to Creativity and Idea Generation ........................................................... 28
5.2.2 Identifying Ideas and Opportunities ............................................................................. 29
5.2.3 Generating Ideas ........................................................................................................... 30
5.2.4 Creativity Methods........................................................................................................ 32
5.2.5 Turning Ideas to Opportunities ..................................................................................... 37
5.2.6 Protecting Your Ideas .................................................................................................... 38
5.2.7 Applying the Creativity Methods .................................................................................. 39
5.2.8 Personal SWOT Analysis ................................................................................................ 40
3
Downloaded by Masande Inventor Madikizela (MASANDEINVENTORMADIKIZELA@GMAIL.COM)
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller masandemadikizela. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $9.02. You're not tied to anything after your purchase.