BBG 101 Chapter Notes - Chapter 6: Jeremy Young, Laundry Service, Energy Drink
2 Nov 2020
School
Department
Course
Professor
Document Summary
Jeremy young developed a prepaid laundry service for students at his university. Jessica mah started internshipin that helps students find high-quality internships. Zach workman launched punch, and all-natural energy drink. John goscha created her one-of-a-kind jewelry company, tramonti, during her freshman year. Highest rate of entrepreneurship activity is in the 55-64 age group. Since 1996, older americans have opened businesses at a higher rate than 20-34 year olds. Older entrepreneurs have greater experience and more financial resources. Five steps to starting your business in school: find a problem or need, zero in on specifics, do research on campus, test products with students, move forward with your ideas. You have the skills and resources to start a business. You can sell the products to target audiences. Entrepreneurial team a group of experienced people from different areas of business who join to form a managerial team with skills to develop, make and market a new product.
