ENT 526 Study Guide - Final Guide: Social Entrepreneurship, Moral Support, Joseph Schumpeter
3 Mar 2016
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Exam format: mix and match, short answer, applicaion: mt: 2 hours, ft: 3 hours. Startup school: tuesday night, 6-9, online as well. Start up , small medium business: the 3 things that separate. Dream of being a global company (scalabiliiy) Searching for its business model (google didn"t know their biz model, pizza stores biz model is simple) What do entrepreneurs all have in common: climbers, campers, quiters. Dictates what you believe afects your world: a belief that you can make anything happen thru hardwork, strength, intelligence. External locus of control: blame on something else. The new idea was so much beter than the old idea that we no longer need the old idea (text, emails vs mail) (mp3 vs walkmans) In order to overcome the exising player, you must be 10 imes beter. A litle beter is not enough as the exising player already has market compeiion.
