QuestionWeek 7 You Decide Transcript
ENTR510_W7_You_Decide_Transcript Page 1You Decide Assignment Title: ? The Entrepreneurial ProcessScenario Summary
You have worked hard this semester learning about the process the entrepreneur takes to launch anew venture. In this assignment, you will be reviewing the first 6 weeks of this course to createan outline of this process.
You work at a consulting company helping companies research, develop, and launch new ideas. TheVice President of Sales has asked you to create a document that highlights the entire process fromidea generation to financing that will be used to help the sales team attract new clients. You willcreate a PowerPoint slideshow that outlines this process.
Your Role/Assignment
You are working for a consulting firm that helps new ventures launch. Your manager, KarlMecklenberg, has asked you to work with the sales team to develop a presentation slideshow thatwill highlight the steps taken in the development of a new venture. You will turn in a minimum of a12-page PowerPoint, complete with notes that describe this process.
You have a meeting scheduled with Craig Morton, Vice President of Sales, who will describe what thesales team requires for their presentation.ActivityAs an expert in entrepreneurship, you will outline the process that one goes through to launch anew business.
As outlined in Week 2, you start with an idea and then assess its worth. Once you have anopportunity, you create a business model, develop a business plan, create a marketing strategy,develop a legal strategy, and assemble your team (Weeks 3–5). To finance this launch, you startwith seed money and eventually (if successful) reach out to angel investors or venture capitalists(Weeks 6 and 7).
Be sure to highlight all of these areas and describe the process in each stage.
Your presentation of 10–12 slides that including a cover page will be used to promote your companyas the right place to use to support entrepreneurial activity. The slideshow must be a professionalpresentation that is easy to read and follow. Use the notes section to describe each slide ingreater detail.
To be successful, you should review each of the past weeks’ lectures and readings and bring inthese academic sources to support your process presentation.
You are about to join a meeting with the Vice President of Sales, Craig Morton. Be sure to listento him as he describes his needs.