3. IDENTIFYIING AND RECOGNISING AN OPPORTUNITY
“An opportunity is a favourable set of circumstances that creates a need for a new product, service, or business…(it) has four essential qualities: … (1) attractive, (2) durable, (3) timely, and (4) anchored in a produce, service or business that creates or adds value for its buyer or end user.” (Barringer & Ireland, 2012).
3.1. IDEA GENERATION
I have incorporated factors from Burns’’ (2014) Student Entrepreneurship Exercise, and Mery and Crane’s (2013) New Venture Creation Model to provide a structured framework for idea generation for the venture.
The ideal customer would be SME’s based in the Thames Valley, England, with 1 to 250 employees. This is the most attractive and logical client base for me to target as I already have work experience and pre-established relationships within this demographic.
The company brand would be identified by its ethos of transparency, environmental and ethical factors. It would only work with reputable businesses and consultants, with subtle advertising and business acquired and built predominately through word of mouth recommendations, social and business networking, and my own strong communication skills. Its positioning in the marketplace would be based on an excellent, reliable service supplied at competitive rates without compromising quality.
The venture must fit in with my own lifestyle. As a single parent, time and availability can sometimes be limited and all priorities are secondary to my family responsibilities. Whilst I am highly motivated, my short attention span must be considered in the venture idea generation due to my need for constant stimulation.
3.2. HAVE A SOLUTION, SEEK A PROBLEM
According to Bolton and Thomspon (2000), t...
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... that my work experience and characteristics suggest I fall into the category of an independent entrepreneur; someone who starts their own business out of a need for independence (Bolton & Thompson, 2000). Whilst I do measure my success in terms of financial security, job satisfaction and a happy home life, I am primarily driven by a need for independence and recognition for my skills and abilities.
Therefore, whilst the venture does require further investigation - in particular its place in the business service providers market - it would fit in well with my desired lifestyle and motivations and I would consider pursuing this idea further.
The question of nature versus nurture in my case remains unanswered; however, I believe both of these factors have helped shape my entrepreneurial characteristics and I will follow with interest further research in this area.
Charlie lived in a paradise-like world, he though he had many "friends". The only thing he felt he was missing was brains. When he was offered the chance to become 'smart' he jumped at the chance to be like everyone else. Unprepared for the changes intelligence would bring, Charlie lost his innocence. When he realizes his 'friends' don't actually like him they just liked to make fun of him.
... still thinking how long is it going to take for him to stop been punish from his past lifestyle. Still in the end Charlie showed his integrity because he could of flip off and start drinking again but he only had one drink as he promise himself to have every day, and because he wanted to prove to his sister in law that he is not the same person anymore. He tried all that he could to have his daughter to move with him
For this debate as you know already, I am totally on the Nurture side. I think kids are born and influenced by the environment. Even though some kids are born and are not influenced by their surroundings, that is usually a rare case. Like all of this, my personality has been changed as I have been just like identical twins have many differences. So with all of this to wrap it up, studies show that Nurture is more dominant and overpowers Nature. When you have children remember how they are raised will affect them in the long
Growing up, Charlie faced two difficult loses that changed his life by getting him admitted in the hospital. As a young boy, he lost his aunt in a car accident, and in middle school, he lost his best friend who shot himself. That Fall, Charlie walks through the doors his first day of highschool, and he sees how all the people he used to talk to and hang out with treat him like he’s not there. While in English class, Mr. Anderson, Charlie’s English teacher, notices that Charlie knew the correct answer, but he did not want to speak up and let his voice be heard. As his first day went on, Charlie met two people that would change named Sam and Patrick who took Charlie in and helped him find himself. When his friends were leaving for college, they took one last ride together in the tunnel and played their favorite song. The movie ends with Charlie reading aloud his final letter to his friend, “This one moment when you know you’re not a sad story, you are alive. And you stand up and see the lights on buildings and everything that makes you wonder, when you were listening to that song” (Chbosky). Ever since the first day, Charlie realized that his old friends and classmates conformed into the average high schooler and paid no attention to him. Sam and Patrick along with Mr. Anderson, changed his views on life and helped him come out of his shell. Charlie found a
It is a common argument about whether humans are simply who they are because of genes, the nature of who someone is, or if it’s more due to interactions with outside ideas and actions, the nurture one receives. Different research has claimed both sides,
Firstly, Charlie loses his friends. He literally gets to a point where he is too smart for his own good. The people from his work at Donnegan’s Plastic Box Company agreed to sign a petition to get Charlie to quit. Some of the workers, such as Fanny, were questioning how he suddenly became so smart. She and others felt uncomfortable to have him around. Evidence from the text proves that the people felt unsettled. “...there’s something mighty strange about you, Charlie… Who knows what you done to yourself to get so smart all of a sudden. Like everyone around here’s been saying, Charlie, it’s not right.” (Keyes, 72)
For new businesses or businesses seeking funding, credibility and excitement are key elements of the executive summary. Venture
In conclusion, Charlie is better off without the surgery to make him intelligent because he gains knowledge about the evils of the world, forcing him to realize his past life as a laughingstock and making him depressed. Although he was unaware of being bullied, he still enjoyed his life and happiness, rather than acumen and realism, is vital in an optimistic life. After the surgery, he is alone and even though he gained what he wanted, he lost what he already possessed, leaving him pessimistic. At the end, he even loses his last love, knowledge, leaving him beat up. All in all, Charlie, who had to deal with psychological traumas in the end, was better off before he gained with all these knowledge.
I enjoy being productive. Since the age of twelve, I’ve bounced from one job to the next, seizing any offer that came my way. I have gained many skills from working at a myriad of jobs; radio DJing, working with a contractor and website designing, just to name a few. These experiences gave me the footing for my next project. I had considered starting this business for a while and after working in a multitude of fields, I finally had the confidence to make it a reality.
Motivated by the money, Charlie decides to use Raymond—the “Rain Man”—to his advantage and take half of his inheritance from the trustee, Dr. Bruner. Charlie kidnaps Raymond to California where Charlie lives until the inheritance matter is resolved. When Dr. Bruner refuses, Charlie then decides to
Firstly, Charlie's realizes that his co-workers aren't his true friends after all. When Joe Carp and Frank Reilly take him to a house party, they made him get drunk and started laughing at the way he was doing the dancing steps. Joe Carp says, "I ain't laughed so much since we sent him around the corner to see if it was raining that night we ditched him at Halloran's" (41), Charlie recalls his past memory of him being it and not finding his friends who also ditched him and immediately realizes that Joe Carp was relating to the same situation. Charlie felt ashamed and back-stabbed when he realized that he had no friends and that his co-workers use to have him around for their pure entertainment. It's after the operation, that he finds out he has no real friends, and in result feels lonely. Next, Charlie unwillingly had to leave his job from the bakery where he worked for more than fifteen years. Mr. Donner treated him as his son and took care of him, but even he had noticed an unusual behavior in Charlie, lately. Mr. Donner hesitatingly said, "But something happened to you, and I don't understand what it means... Charlie, I got to let you go" (104), Charlie couldn't believe it and kept denying the fact that he had been fired. The bakery and all the workers inside it were his family, and the increase of intelligence had ...
Penttila, C. (2007, March) [Brain Storm] Big Ideas. Entrepreneur, p.62 Retrieved 6th March, 2014 from http://www.entrepreneur.com/magazine/entrepreneur/2007/march/174688.html
One of the hottest debates is and has been nature vs nurture for years, but what is the difference between the two? Nature is what people think of as already having and not being able to change it, in other words, pre-wiring (Sincero). Nurture is the influence of experiences and its environment of external factors (Sincero). Both nature and nurture play important roles in human development. Scientists and researchers are both trying to figure out which is the main cause in development because it is still unknown on which it is. The best position to side with is nature. Nature is also defined as genetic or hormone based behaviors (Agin). Regardless of the involvement in everyday life, or nurture, this argumentation centers around the effect genes have on human personalities. Although it is understandable on reasons to side with nurture, nature is the better stand in this controversy. Reasons to side with nature is because of genes and what genes hold. Genes is what
Starting and building a prosperous business is an ambition of many entrepreneurial minds and has for
entrepreneurs have the ability to come up with new ideas in various situations of which one might have never imagined. Entrepreneurs have a curiosity that identifies overlooked niches and they are constantly trying to innovate (Robinson, 2014). They imagine another world and have the ability to communicate that vision effectively to investors, customers and staff.