COMM101 Midterm: BUS121 REVIEW NOTES SHORT ANSWER.docx
4 Apr 2015
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5 things an entrepreneur must accomplish: make meaning: . The best way to start an organization is to make meaning create a product or service that will make the world a better place. Defining meaning for your business will become your most powerful motivator and help you become more successful. With this well understood meaning, the business will have a firm direction: make mantra: An internal verbal saying or formula that your business is founded upon. This will help provide a core internal message for the business to give it direction: get going: Don"t wait to develop the perfect product or service. Start the business once you have enough information. Starting the business allows us to gather information. With the information we get, we can refine the business, expand it, and make it better: define a business model: Define a business model to see how all the factors of the business are integrated together.
