ENTI 317 Final: ENTI_Final Studying 2
24 Jan 2019
School
Department
Course
Professor
o Entrepreneurial thinking vs Managerial thinking
▪ Entrepreneurial thinking is using your insufficient resources
(extant means) to create a solution or a product.
▪ Managerial thinking is when you have a predetermined end
and you get there by utilizing your current or given resources.
▪ Rap making exercise – haiku was managerial, creative was
entrepreneurial
▪ They’d be valuable in the real world because more often the
not, we don’t have all the perfect resources to accomplish a
certain task. We have some but not all of them
• You need to utilize your extant means, whatever you
do have to come up with a solution
▪ Related to my idea
• My idea was Airbnb of home cooked meals
• I used entrepreneurial thinking by first realizing I didn’t
have a direct connection to an app developer
• Second I knew the problem existed but I didn’t have a
predetermined solution right off the bat
• After utilizing insufficient resources such as my brother
and my friends who lived alone, I came with an app
based platform where students would buy food
o First it was the idea of delivery service for home
cooked meals
o And stay-at-home mom’s would sell food
o Problem Identification
▪ Entrepreneurial thinking is another way of saying problem
solving with limited resources
▪ Successful entrepreneurs – identify problems
▪ There’s a me too vs a disruptive solution
• We need to see disruptive solution in ENTI 317
• Me too – solar powered charger
• Disruptive would be a battery-free phone
▪ Solution can be enhanced/unchanged or
destroyed/overturned
▪ Real world
