20. Strong emphasis on performance, accountability, impact, and scaleNicholls and Cho (2006)
21. MICROFINANCESetting boundaries Build a scalable model Shift from philanthropic funding to access capital markets Enterprise development of the poor Sociality Idea: poor are low risk debtors Products: financial products to the poor Innovation Market Orientation
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24. Economic model: reduce inefficiency of global supply chainsInnovation Market Orientation
34. IS YOUR IDEA AN OPPORTUNITY?Understanding key aspects that should be analysed What is the problem you are solving? Is it feasible, executionable? Will it cost you something? Is the timing right? Are you doing something different? Can you make money? Opportunity (Market & Competition) Is there a market need? Ideas are NOT the same as opportunities Ideas Free Timeless Easy to have Wishful thinking Opportunities Resource dependant Perishable Hard to seize Fulfils markets need IS THER AN OPPORTUNITY?
37. 5 STEPS: HOW TO LAUNCH A SOCIAL BUSINESS IDEAStarting your own business
38. INSTRUMENTAL SOURCES OF FUNDINGStarting your own business 1. What is your product or service? 2. What is your market? 3. How will you reach the market? 4. Who will you be competing against? 5. How will your product be produced? 6. Who are the people? Strategy & Tactics (Business Model, Mktg, Ops, etc.)