Understanding entrepreneurial Trends

• Entrepreneurship
• Tertiary Education

Chapter 3

Section 1:Understanding Entrepreneurial trends

Pages 52-63

Objectives

Describe the roadblocks to creativity

Summarize the challenges of creativity

Discuss the ways to find creative business ideas

 

Brainstorm

Can thinking as an model help to remove the roadblock of being creative?

What is meant by roadblock in creativity?

1. It is a road that can help you reach creativity
2. This does not allow people to be creative
3. This creates new things
4. This leads to new things

Imagine you have a started a home based business.What can stop you from applying creative methods?

Entrepreneurs can stimulate and encourage
creativity in many ways. Give some techniques to stimulate creativity?

Challenges of creativity

Being creative presents many different challenges. These challenges include time pressures etc.

Cell phones and hybrid cars are examples of products invented by scientists and brought to the market by entrepreneurs. Choose a hi-tech product that you use frequently, and research the on the challenges faced by the businessmen.

Ways to find creative business ideas

You can find opportunities in traditional industries as

well as new industries that did not exist five years ago. The secret to success is the ability to see these opportunities before anyone else does.

What are some other popular trends?

Personal characteristics that describe a
population. These include age, gender, income, ethnic background,education, and occupation

1. Niche
2. Brainstorm
3. Profile
4. Demographics

Mention some creative business ideas you have.What was the source of your idea?

How do you think you can help the people or the community in which you are living using your ideas?

Give your ideas about the lesson.How this lesson will help you?