George Wight Jr - Professional Entrepreneur

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George Wight ---Professional Entrepreneur
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ABOUT US
George Wight is a professional entrepreneur from
Cornell College, with a Bachelor of Science (BS)
focused in Economics Business, American
History. George Wight is a Volunteer in Armada
Institute attempt to educate and expand
consciousness of global water quality. The
question of how to become an entrepreneur is very
difficult to young one who just start a business.
Well, I think it's necessary to consider that
there's a lot of differences between an ordinary
business owner and an entrepreneur. This is
always difficult, to choose a adviser who guide
you properly . So, choose Your Adviser Carefully,
who advise you properly on how to establish your
business. George Wight is the renowned
entrepreneur and great business personality who
helps you to establish your business in great
manner.
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ENTREPRENEURSHIP
Entrepreneurship is the process of creating new
with value of devoting the necessary time and
effort, assuming the accompanying financial and
social risk and receiving the resulting rewards
of monetary and personal satisfaction and
independence.
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TYPES OF ENTREPRENEUR

• Classification according to the business
• Business Entrepreneurs.
• Trading Entrepreneurs
• Industrial Entrepreneurs
• Corporate Entrepreneurs
• Agricultural Entrepreneurs
• Classification according to technology
• Technical Entrepreneur.
• Professional Entrepreneur.
• Non-Technical Entrepreneur.
• High- Tech Entrepreneur.

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STAGES OF ENTREPRENEURIAL PROCESS

• Conducting Opportunity Analysis.
• Developing the plan and setting up the company.
• Acquiring financial partners and source of
  funding.
• Scaling and harvesting the venture.
• Determining resources required and implementing
  the plan.

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CREATIVITY AND INNOVATION

• Sources of new ideas.
• -Consumers
• -Existing companies.
• -Distribution channels.
• -Research and development.
• Methods of generating Ideas
• -Focus Groups.
• -Brainstorming.
• -Problem inventory analysis.

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THE BUSINESS PLAN

• The Business plan will take more than 200 to 300
  hours to prepare, depending upon the experience
  and knowledge of the entrepreneur as well as the
  purpose it is intended to serve.
• The detail outline of the business plan is as
  follows
• Introductory Page.
• - Name and address of the business.
• - Name and address of the entrepreneur.
• - Nature of the business.
• Executive summary
• - The summary should be at least four pages
  that summarizing the complete business
  plan.
• Industry Analysis.
• - Future outlook and trends.
• - Analysis of competitors.
• - Market segmentation.
• - Industry forecasts.

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