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Workshop

King Saud University -- Kent State University

Partners in Entrepreneurship

Survey of EntrepreneurshipSurvey of Entrepreneurship

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Participant Introductions

Please introduce yourself and talk about the following topics:

1.Your Name.

2. The area where your home is located. 3. Your family.

4. Your current job and previous jobs you have had.

5. Have you traveled to any other countries?

6. What do you think “Entrepreneurship” is?

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Instructor Background• Name

• Title

• Education

• Work Experience

• Background in Teaching / Entrepreneurship

• Home and Family

• Countries Visited

• Personal Interests

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Entrepreneurship: A Working Definition

• Individuals exploiting new value-creating opportunities by way of various means to produce a wide range of effects

• Entrepreneurship is messy – No hard and fast rule: by definition it’s always changing.

• An entrepreneur recognizes market opportunities where other people see only problems.

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An Entrepreneurial Model

Opportunity Recognition: develop initial idea into opportunity.

Concept Development: translate opportunity into a workable plan.

Resource Development and Acquisition.

Launch and Growth.

Harvest or Growth.

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IdeaIdea

ConceptConcept

Fully Developed PlanFully Developed Plan

Entrepreneurial ModelEntrepreneurial Model

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Entrepreneurial Success Factors

• Risk taking• Initiating• Self confident• Overachieving• Fast acting• Infectious Enthusiasm• Persevering

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Entrepreneurial Success Factors

• Leading vs. Micromanaging• Inventive• Strategically creative

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The Entrepreneur’s Career

Best Small Businesses to Start

• U.S. News profiles 15 cutting-edge businesses

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Careers for Entrepreneurs

• Athletic Trainer• Career Counselor • Computer Services• Energy Auditing• Export Manager• Financial Adviser• Freelance Web Writer

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Careers for Entrepreneurs

• Going Global Firm• Higher Education Servic

es• Home Healthcare• Online Art Dealer• Online Consignment• Online Farmers' Market• Outsourcing Manager• Tutor

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QuestionsQuestions

Small Group ActivitiesSmall Group Activities1.1.What are your perceptions regarding What are your perceptions regarding Entrepreneurship?Entrepreneurship?2.2.What are your expectations regardingWhat are your expectations regardingwhat you will learn during the course?what you will learn during the course?3.3.Be prepared to discuss your thoughtsBe prepared to discuss your thoughtswith the classwith the class4.4.Creative Whack Pack activityCreative Whack Pack activity5.5.Mitch Ditkoff handout exerciseMitch Ditkoff handout exercise