Analyzing the Concept of Entrepreneurship by Raye-Marie Johannes https://padlet.com/8591295/b4665crcua6u Raye-Marie Johannes en-us 2016-11-29 18:57:10 UTC 2026-01-02 14:26:52 UTC hello@padlet.com What is Entrepreneurship? 8591295 https://padlet.com/8591295/b4665crcua6u/wish/140624714 Entrepreneurship is the creation and managing of someone's personal business. ]]> 2016-11-29 19:00:07 UTC https://padlet.com/8591295/b4665crcua6u/wish/140624714 Who is an Entrepreneur? 8591295 https://padlet.com/8591295/b4665crcua6u/wish/140625633 An Entrepreneur is someone who undergoes the challenges and the hardships of starting a business.]]> 2016-11-29 19:02:25 UTC https://padlet.com/8591295/b4665crcua6u/wish/140625633 Step 1 8591295 https://padlet.com/8591295/b4665crcua6u/wish/140626782  DISCOVERY
-In this step the entrepreneur finds out what business they want to start, what to sell, what is going to appeal to the masses, and they try to put themselves out there and give their business a good name ]]> 2016-11-29 19:04:54 UTC https://padlet.com/8591295/b4665crcua6u/wish/140626782 Step 2 8591295 https://padlet.com/8591295/b4665crcua6u/wish/140629231 CONCEPT DEVELOPMENT
-They come up with a very detailed Business Plan (30 or more pages)
-They find a location to place their business at
-They decide whether to protect their business with a trade mark or a patent]]> 2016-11-29 19:10:35 UTC https://padlet.com/8591295/b4665crcua6u/wish/140629231 Entrepreneurial Process 8591295 https://padlet.com/8591295/b4665crcua6u/wish/140629392 -Discovery
-Concept Development
-Resourcing 
-Actualization 
-Harvesting]]> 2016-11-29 19:10:57 UTC https://padlet.com/8591295/b4665crcua6u/wish/140629392 Step 3 8591295 https://padlet.com/8591295/b4665crcua6u/wish/140631875 RESOURCING
-They try to apply for any grants or loans that they possibly can to help start up the business
-They try and hire employees]]> 2016-11-29 19:17:09 UTC https://padlet.com/8591295/b4665crcua6u/wish/140631875 Step 4 8591295 https://padlet.com/8591295/b4665crcua6u/wish/140634436 ACTUALIZATION
-They start running the business and attempt to reach their businesses objectives and goals
-The owner tries to keep the business running]]> 2016-11-29 19:22:59 UTC https://padlet.com/8591295/b4665crcua6u/wish/140634436 Step 5 8591295 https://padlet.com/8591295/b4665crcua6u/wish/140635977 HARVESTING
-This is when the entrepreneur decides on the business's future and whether or not they shall continue with it.
-EX. Business Expansion
-5-year plan 
-10-year plan]]> 2016-11-29 19:26:52 UTC https://padlet.com/8591295/b4665crcua6u/wish/140635977