THE ENTREPRENEURIAL START UP PROCESS

The Entrepreneur

The entrepreneur is the driving force at the start of the process.

They pull together the resources The create the company and take the

risks

The environment

The nature of the environment, whether it is uncertain, fast changing, stable, or highly competitive

Availability of resources such as capital and labor

The Opportunity

Are customers ready and willing to buy your product or service

Are their similar products around Can they live without your product

Start Up Resources

Capital Labor Legal & Financial Support Facility Equipment Marketing Focus Group

Follow through!

Stick with it and persevere Do not stop if the first try does not go

your way