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By
Randall Oliver
Traits of a Successful Entrepreneur

   Focused                   Autonomous
   Steadfast                 Independent
   Undeviating               Aggressive
   Positive Outlook          Risk Taker
   Opinionated               Acts W/O Deliberation
   Judges Quickly            Emotionally Aloof
   Impatient                 Prefers Simple Solutions
Your start up should solve a problem




No one will pay you unless it solves a problem!
•   Sole Proprietorship
•   S or C Corporation
•   General & Limited Partnership
•   Limited Liability Company
Helps To Think Through Some of the Details Before Hand
                    • Financing
                    • Competition
                    • Strengths
                    • Weaknesses
 Cash Flow Statement
 Income Statement
 Balance Sheet
Describes the financial condition of a
company at a particular time.
1. Describes a company’s profitability. A
measurement of a company’s financial performance
over time.


2. Answers the Question: Is the company making or
losing money?
Uses data from Balance and Income
Statement sheet to explain changes of
cash flow resulting from
operations, investing, and financing
activities.
Team project 1 bps class

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Team project 1 bps class

  • 2. Traits of a Successful Entrepreneur  Focused  Autonomous  Steadfast  Independent  Undeviating  Aggressive  Positive Outlook  Risk Taker  Opinionated  Acts W/O Deliberation  Judges Quickly  Emotionally Aloof  Impatient  Prefers Simple Solutions
  • 3. Your start up should solve a problem No one will pay you unless it solves a problem!
  • 4. Sole Proprietorship • S or C Corporation • General & Limited Partnership • Limited Liability Company
  • 5. Helps To Think Through Some of the Details Before Hand • Financing • Competition • Strengths • Weaknesses
  • 6.  Cash Flow Statement  Income Statement  Balance Sheet
  • 7. Describes the financial condition of a company at a particular time.
  • 8. 1. Describes a company’s profitability. A measurement of a company’s financial performance over time. 2. Answers the Question: Is the company making or losing money?
  • 9. Uses data from Balance and Income Statement sheet to explain changes of cash flow resulting from operations, investing, and financing activities.