2. Steps
• Readiness…decision to become
• Opportunity Seeking
• Ideation
• Feasibility Analysis
• Industry and competitor analysis
• Business Model
• Writing a business plan
• Resource generation
• Creating legal identity
• Making Sales
3. Class Exercise..Rate 1-5 scale
1-Strongly disagree; 5-Strongly Agree
• 1. In a complex situation, I tend to rely upon
my intuition and instinct to help make a
decision
• 2. It is Important to make a mark in this life
• 3. Most people who know me would agree
that I am quick to see a good opportunity
• 4. I am prepare to take risks where other
people hesitate
4. • 5. When I set myself a goal, I keep going after
it no matter what the obstacles
• 6. Most people would describe me as an
energetic person
• 7. I can immediately see all implications of a
particular situation, and anticipate the
potential problem
• 8. I try to learn from my mistakes so that I can
get it right next time
5. • 9. Most people who know me well would
agree that I am always seeking out
opportunities for personal growth and
development
• 10. I have confidence in my own skills and
abilities
• 11. It’s important for me to have control over
how I do my work
6. • 12. I don’t let set backs bother me; I keep on
pushing
• 13. I am willing to take calculated risks
• 14. I want to make a lot of money
• 15. I know I will be successful in whatever I
choose to do
7. Results
• 65 & above...Firm belief and drive..Business as
a mean to express yourself
• 50-64…Good potential, identify your
weakness
• 35-50….Major review required
