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World Economic Power Chamber of Commerce (INST- 10856) | Kindle

Nigeria


ACT- 243262

Status:
Volunteeers:
Ipshita Datta  (37023)
Others-       ,  , 
Impact:
The impact they learned about the aim of being an entrepreneur. Entrepreneurship, with its emphasis on innovation, is seen to be the means by which both businesses and economies achieve sustained competitive advantage. The course will focus on company start-ups and the growth of firms. It will cover the financing and venture capital aspect of entrepreneurial practice.Idealization – Entrepreneurs dream enormously and desire to build an ideal environment 2. Visualization – Entrepreneurs start to create plans to make the dream a reality. 3. Verbalization – involves sharing their ideas with other people, knowing that their vision is already occurring.Entrepreneurship can be viewed as recognizing change, pursuing opportunity, taking on risk and responsibility, innovating, making better use of resources, creating new value that is meaningful to customers, and doing it all over again and again. Studying entrepreneurship benefits students and learners from different social and economic backgrounds because it teaches people to cultivate unique skills and think outside the box. Moreover, it creates opportunity, instills confidence, ensures social justice and stimulates the economy.
Report:
Entrepreneurship Development what is it how can an entrepreneur contribute to their countries GDP types of entrepreneur. Entrepreneurship development is the means of enhancing the knowledge and skill of entrepreneurs through several classroom coaching and programs, and training. The main point of the development process is to strengthen and increase the number of entrepreneurs. It is useful to break the entrepreneurial process into five phases: idea generation, opportunity evaluation, planning, company formation/launch and growth. The 5 Levels of the Entrepreneurial Ladder are 0) the Employee 1) the Self Employed 2) The Manager 3) The Owner/Leader 4) The Investor 5) The Entrepreneur. The entrepreneurial process has four distinct phases: (1) identification and evaluation of the opportunity, (2) development of the business plan, (3) determination and evaluation of resource requirements,
Date:
24/06/2021
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