The capacity and willingness to develop, organize and manage a business venture along with any of its risks in order to make a profit.

1. Running head: ENTERPRENEURESHIP
 Alejandro González
 ENTP. 360

2. ENTERPRENEURSHIP
The capacity and willingness to
develop, organize and manage a business
venture along with any of its risks in order
to make a profit.The most obvious
example of entrepreneurship is the
starting of new businesses.


3. HOW TO BECOME AN ENTERPRENEURSHIP
Think of a great idea.
 Most businesses start with
one compelling idea
 whether it's a service people
need or a product that would make
life easier..
 Always be open to different ideas.
 If you don't have an idea yet, think of your target market first.
 Then brainstorm a list of things like places they shop, and
things they might really like.
 Narrow the list down to about three items.
 Find the easiest, most realistic product you can offer.

4. HOW TO BECOME AN ENTERPRENEURSHIP
Write a business plan.
 Include details and descriptions, and plan everything out
realistically.
 Take your time and evaluate your product at each section.
 The sections of a good business plan include:
* Product description: develop your product.
What will it look like?
What materials will you need?
Make your product eye-catching.
 * Market Analysis: Who is your market?
Where do they shop? Where are they located?
 * Competition: Who is your competition?
What are their strengths? How will you beat them?
* Marketing: How will you market your
Poduct? What kind of image do you want to
display? Where will you advertise?
What is your tagline? What is your packaging
like?

5. HOW TO BECOME AN ENTERPRENEURSHIP
 Sales: Where will you sell? How
will you get your customers to
buy? When will you sell? What is
your estimated sales forecast?
 Manufacturing: How do you
make your product? Explain this
in detailed steps. What materials
do you need to make your
product? When and where will
you manufacture? What is your
COGS (cost of goods sold)?
 Finance: how much money do
you need to start your business?
What is your gross profit?

6. HOW TO BECOME AN ENTERPRENEURSHIP
Get investors.
 Pitch your idea to any potential
investor to get money to start your
company.
 Make a PowerPoint presentation (or
something of the sort) explaining why
your product is the best, including
each part of your business plan in the
presentation.
 Tell them how much your estimated
gross profit is and how much
percentage of that they will earn in
interest..
 Starting small and pleasing a small
number of customers at first is a high-
probability way to get there.
 Control your dream. If you can get the
business started without spending a lot
of money, that might be your best
route.

7. HOW TO BECOME AN ENTERPRENEURSHIP
Sell.
 Sell and distribute your product.
If you're getting revenue, then you're in
business.
 You're testing your theories about the market,
you're finding out what really works and
what doesn't, and you're getting fuel for more
ideas and improvements.
 If you're not getting revenue, then it's all in
your head.

8. HOW TO BECOME AN ENTERPRENEURSHIP
Network.
 Hang out with entrepreneurs.
By meeting entrepreneurs socially, you gain
contacts and hear about opportunities.
 Learn how entrepreneurs think.
You pick up their attitudes, their nose for
opportunity, their willingness to explore
every idea.

9. REFERENCES
http://www.businessdictionary.com/definition/e
ntrepreneurship.html
http://blogs.hbr.org/2013/01/what-is-
entrepreneurship/
http://topics.nytimes.com/top/reference/timesto
pics/subjects/e/entrepreneurship/