ENTP 3301 Lecture Notes - Lecture 5: Healthy Diet, Social Forces, Iphone
9 Sep 2016
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Ch 2: recognizing opportunities and generating ideas: thought, impression or notion, may or may not meet the criteria of an opportunity. Why is this important: have between 50,000 70,000 thoughts per day. What"s an opportunity: you have chance to grow on, idea that passed on amount of scrutiny, is this idea worth my time, a favorable set of circumstances that creates the need for a new product or service. Anchored in a product, service or business that creates or adds value for its buyer or end user: made something people can buy. How do you distinguish between a trend and a fad: trend is more stable. Can still make money, but no long term. App that help people study for major tests. Political and regulatory changes: obamacare affordable care act. Cyber security businesses: osha standards, marijuana legalization, 4 big institutions. Get money from retirement systems and banks. Series a, companies" first venture capital: exm.
