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Entrepreneurial2009

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Mark Werwath
Mark Werwath

The document discusses various topics related to engineering entrepreneurship including why entrepreneurship is important, what entrepreneurship entails, sources of innovation, essential elements of successful new ventures, and the role of technology in entrepreneurial success. It provides an overview of key concepts like the importance of management teams, business models, sources of capital, and creating customer value.

EducationBusinessEconomy & Finance
1 of 30
Engineering entrepreneurship IEMS 325 Northwestern University
Why study entrepreneurship? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
What is entrepreneurship? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Creative destruction ,[object Object],[object Object]
What research tells us ,[object Object],[object Object],[object Object],[object Object],[object Object]
What makes an entrepreneur? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Founding team ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Governance concerns ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Sources of innovation ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Types of innovation ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Categories of innovation ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Classic struggle ,[object Object],[object Object],[object Object],[object Object]
What are the innovations here? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Essentials of a business model ,[object Object],[object Object],[object Object]
Customer value ,[object Object],[object Object],[object Object],[object Object]
Role of technology ,[object Object],[object Object],[object Object],[object Object],[object Object]
Technology based products ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Technology as competency ,[object Object],[object Object],[object Object],[object Object]
Competencies of entrepreneurs ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Technology’s role ,[object Object],[object Object],[object Object],[object Object],[object Object]
Word of wisdom ,[object Object],[object Object],[object Object]
Types of capital ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Technology Ventures-Richard Dorf, 2005
Model of the global economy ,[object Object],[object Object],[object Object],[object Object],Technology Ventures-Richard Dorf, 2005
Dynamic capitalism ,[object Object],[object Object],[object Object],[object Object],Technology Ventures-Richard Dorf, 2005
Basic five steps of evaluation of a new venture ,[object Object],[object Object],[object Object],[object Object],[object Object],Technology Ventures-Richard Dorf, 2005
Example new venture ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Four quadrants Investor Business Employee Self employed “ Rich Dad, Poor Dad ”, Richard Kiyosaki, 1998 Leverage Perceived risk
Leverage ,[object Object],[object Object],[object Object],[object Object]
Redefined accounting ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],“ Rich Dad, Poor Dad ”, Richard Kiyosaki, 1998
Types of businesses Services Products Hi Growth Lo Growth Personal services: Massage, tutoring, taxi driving Federal express Servicemaster HP-iPOD Dell laptops Motorola Razr Custom products Restaurant

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Entrepreneurial2009

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  • 27. Four quadrants Investor Business Employee Self employed “ Rich Dad, Poor Dad ”, Richard Kiyosaki, 1998 Leverage Perceived risk
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  • 30. Types of businesses Services Products Hi Growth Lo Growth Personal services: Massage, tutoring, taxi driving Federal express Servicemaster HP-iPOD Dell laptops Motorola Razr Custom products Restaurant