Starting a Small Business Intro Lesson

Starting a Small Business Introduction Lesson ​

EL 2 Economics & Market Conditions

Open Ended

Do you agree or disagree with this statement: "Entrepreneurs are not actually the source of innovative ideas, rather they are simply alert to the opportunities that exist already and are waiting to be noticed." Explain why.

Starting a Small Business​

New businesses that are created often change the way we live but to get the ball rolling in the right direction, an entrepreneur must be able to recognize high-potential startup ideas that others have overlooked. ​

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Opportunity Recognition: identification of potential new products or services that may lead to promising businesses.

Entrepreneurial Alertness: Readiness to act on existing, but unnoticed, business opportunities. ​

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Subject | Subject

EL 2 Economics & Market Conditions

In this next EL we will be focusing on opportunity recognition and strategy options that apply to startups as well as other types of businesses that already exist as well.

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Startups: New business ventures created "from scratch."​

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​Some text here about the topic of discussion.

Startups

Open Ended

What are some examples of opportunity recognitions you have thought of?