ENT 526 Lecture Notes - Lecture 8: Moral Support, Social Entrepreneurship, Knowledge Channel

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Entrepreneurship is a team sport: grow beyond self-employment with the support of a team, team can handle partners, employees, advisors, family, vendors, investors, do more with others than you can alone. 7 advantages of a team: feedback. Increased skill set: moral support, capacity innovation, extended network, higher social level of support. Evaluate your skills use your strengths get feedback on your actions. Zach russel golf company magnagrib + real estate company. Still in school, finishing up courses because of his business. Entrepreneurship = control: have control over own life. Starting a business add disproportionate value to what you are doing. Whate(cid:448)er (cid:455)ou"re doi(cid:374)g has to (cid:271)e (cid:1005)(cid:1004)(cid:454) (cid:271)etter tha(cid:374) a(cid:374)(cid:455)thi(cid:374)g else i(cid:374) the i(cid:374)dustr(cid:455) Core of your business is helping people improve/ease their life. Do(cid:374)"t feel (cid:862)e(cid:374)titled(cid:863) (cid:271)e(cid:272)ause you are in university. Use tools that you learn in university for life. Do(cid:374)"t (cid:271)e afraid to fail: failure = learning. Step outside of comfort zone: be comfortable with being uncomfortable.

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