MY BUSINESS IS OPENING A DAYCARE CENTER
Go online and conduct a search for an entrepreneur in an industry that
interests you. Respond to the following questions in a slide format, utilizing one slide for each of the questions 1-4 below. Slides can be created in PowerPoint, Google Docs, or Prezi. (Note: If you would rather use another resource to build your slides, please get prior approval from the instructor.) Be certain to utilize course content and terminology in your responses to display your level of mastery of the learning objectives. Cite and indicate your sources using APA 7.0 formatting.
For question 5, use Zoom or YouTube or another method to record yourself giving a 3-5 minute pitch on your new idea.
- Provide a brief bio of the entrepreneur and the type of business he/she is operating.
- Why do you think the entrepreneur has been successful?
- Describe the target market that the entrepreneur is trying to appeal to in all of his business ventures (demographic, geographic, psychographic, and behavioral). What is the value of this target market?
- Discuss which ways the entrepreneur’s surroundings influenced his/her thinking. What were the advantages of the entrepreneur’s surroundings for the marketplace? What could’ve been some of the limitations of his/her background?
- Brainstorm a business idea that you could pitch to the entrepreneur that would be appropriate for the entrepreneur’s interests. What market research would you need to conduct in advance to assess whether your idea has the potential to be successful?
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