1 - Building your dream of entrepreneurs

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Are you in a rut? Are you fed up with the 9 to 5 grind? Do you feel you’re not being rewarded enough for your efforts? Do you feel your career is going nowhere? Complete these sessions to find out if entrepreneurship is the right path for you… Do you have what it takes to succeed in the highly competitive world of business?

Profiles of an Entrepreneur:

Profiles of an Entrepreneur “Essential Keys to your own Financial Freedom and Success.”

Session 1: Building Your Dream of Entrepreneurship :

Session 1: Building Your Dream of Entrepreneurship In this segment we will focus on the following: Essence of the Enterprise and Entrepreneur Visioning and Goal Setting Strategic Planning

Is Entrepreneurship the right choice for you:

Is Entrepreneurship the right choice for you It pays to be prepared!

Entrepreneurs…:

Entrepreneurs… Profile of an entrepreneur Experience Attitude and Personal Motivation Personal Commitment Essence of an entrepreneur

Visioning and Goal Setting:

Visioning and Goal Setting Setting your personal and business goals Long term vision/Life Goals 20-25 year timeframe Medium term vision/Life Goals 5 year timeframe Short term goals/Roadmap 30 day, 6 month, 1 year targets

Tips and Techniques from Gene Donohue…:

Tips and Techniques from Gene Donohue… Make sure that the goal that you’re setting is the one that you really want and not just something that looks or sounds good on paper. Under no circumstance, should one goal contradict another. Develop goals for all aspects of your life

Tips and Techniques from Gene Donohue…:

Tips and Techniques from Gene Donohue… Your goals should be in positive form Be precise and complete Set your goals high enough to be challenging, but also realistic Express your goals in writing

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Business Purpose Company Values Reason for Existence/Impact on rest of Community Business Objectives Critical Strategic Decisions Differentiate Your Business

SWOT Analysis:

SWOT Analysis S TRENGHTS W EAKNESSES T HREATS O PPORTUNITIES

PowerPoint Presentation:

Strengths ______________ ______________ ______________ ______________ Weaknesses ______________ ______________ ______________ ______________ Opportunities ______________ ______________ ______________ ______________ Threats ______________ ______________ ______________ ______________

Strengths:

Strengths Internal Tangible and Intangible Positive Attributes to your organization that add value and a competitive advantage over the competition Answers the following questions: What do you do well? What resources do you have at your disposal? What advantages do you have over your competition?

Weaknesses:

Weaknesses Internal Negative factors that detract from your competitive advantage Might include the following: Lack of Expertise Limited Resources Lack of Access to Skills or Technology Inferior Service Offerings Poor Location of your Business

Opportunities:

Opportunities External May be result of: Market Growth Lifestyle changes Resolution of problems Positive Market Perceptions Ability to offer greater value

Threats:

Threats External Prepare for Worst Case Scenarios Examples: Competition Economic Downturns Negative Publicity Government Regulations

Points to Ponder:

Points to Ponder Essence of the entrepreneur Vision and goal setting SWOT Analysis

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