topic: discovering the business opportunities around you

TOPIC: DISCOVERING THE BUSINESS

OPPORTUNITIES AROUND YOU

To Engage Participants In A Paradigm Shifting Discourse To See Opportunities (Instead Of Difficulties) And Guide Them With The ‘HOW TO’ Of Spotting Business Opportunities Within and Around Them

“In any deteriorating economy, the one hundred people needed to turn things

around are not one hundred engineers, economists etc but one hundred

entrepreneurs” Abraham Marslow

The economies of developed countries are driven by numerous small scale

businesses.

Most of the wealthy people in every community are entrepreneurs.

Entrepreneurship is the Process of Creating or Seizing an Opportunity and Pursuing it Regardless of the Resources Currently

Controlled – Harvard View

Entrepreneurship Is The Process Of Starting A Business Venture By Organising The Necessary Resources and Assuming Associated Risks And

Rewards.

Every business begins with a creative (idea) solution to a problem”

An Individual Who When Propelled By An Idea, Personal Goals, And Ambition, Brings Together The Financial Capital, People, Equipment And Facilities To Establish And

Manage a Business Venture

The Emphasis Is On Opportunity Or The Pursuit Of An Idea.

“The purpose of a business is to create and keep a customer”

Profits are a measure of how well the company is fulfilling its purpose

Stop Looking And Start Seeing.

The most precious natural resources like diamond, bauxite, oil are not found on the surface of the earth but in the

deep of the earth. Prospecting precedes extraction. Within the ore lies the gold. You have to mine the ore and then process it to obtain

the gold

Gold is not identified with your naked eyes but with sophisticated, cutting edge and hi-tech equipment. The same

with spotting opportunities.

Those who walk by eye-sight only see ore but those who walk by mind sight see gold (opportunities) locked up in

the ore (challenges)

Start Looking Within Before You Start Looking Around You.

See Opportunities In Difficulties Instead Of Difficulties In

Opportunities

Focus On Solutions Instead of Challenges.

Stop Asking Why Me And Start Asking How Can I?

Stop Thinking Of What Your Country Can Do For You And Start Thinking Of What Your Country Can Do For You.

# 1. Look Within You

What do you do without struggle?What do you love to do?

What do people say you’re good at?What causes you pain?

.

# 2. Personal Needs/Wants That Are Not Being Satisfied.

# 3. What Products/Services Do Your People Travel To Other Communities To

Purchase?

# 4. What Peculiar Challenge Does Your Community Face?

# 5. Weaknesses in the production and/or supply of existing

products/services

# 6. Policies and Programs of government agencies and

institutions.

# 7. Research institutions and universities

# 8. Trade fairs and trade shows

# 9. Trade and professional periodicals – newspapers, magazines,

journals.

# 10. Networking- belonging to associations and groups.

You don’t become a successful business person by spotting opportunities but by

spotting, seizing and maximizing opportunities.

Spotting opportunities may be 99% inspiration and 1% perspiration.

Seizing and maximizing opportunities is 99% perspiration and 1% inspiration.