Saturday, December 22, 2012

Entrepreneur cafes to launch new ventures

From entrepeneur.com

A number of events (dubbed as entrepreneur cafes) have been held somewhere in USA to help launch entrepreneurial ventures.  It is a sort of gestation/germination events, where pitches are made for a new venture.  The funds that may be raised maybe small but that could be enough germ/seminal effort to start the venture.  We know that sometimes start ups are launched by amounts less than it costs a basic cellphone.

These events are characterized by "pitch".  In my entrep class, I ask for the students, to make a pitch - not just make a presentation but to make a pitch -  ie, to convince the audience to act, invest, or buy the product. Just talking wont do;   convincing, making  the sales pitch is the only way to go.

In the PHL, we should have this too;  perhaps colleges, internet cafes, vendors of coffee, Starbucks, Figaro, or fast food:   Jollibee, Mang Inasal, McDo could sponsor such entrepeneur cafe forum.

How about our business?  (memorial park?)

More factors on Entrepreneurial Leadership Qualities

 From B2C

One of the first papers to be submitted in the Ateneo GSB Entrep classes is "What Factors Do you possess that make/does not make you an entrepreneur"  (Factors Paper) We see a lot interesting answers which I post here at this site, so that non MBA students, other entrepreneur wannabees, could learn from their reflections.

Most take on line questionnaires, analyze the results and make conclusion as to their entrepreneurial inclination.  Some just do an experiential, effectuation analysis.

Here is an interesting post on what traits you must possess to be an entrprenuerial leader

Please read on if you want to know more

More young people are becoming entreps at USA

 From NPR.org

The shrinking job market at US has forced many young workers to be on their own.  The job stats in US (as in the PHL) could be misleading.  Those who leave the job market (unemployed) could be actually start ups creating new jobs.

Thus, the crisis in the job market could actually be creating new opportunities for new businesses and entrepreneurship.

Say goodbye to employment; be your own boss