BRAINSTORMING AND RESEARCH
Brainstorming involves thinking critically, coming up with new ideas and coming up with ways to go about a particular thing for the main purpose of getting a solution/result. When brainstorming, you can research using the internet. You can get whatever information you want from the internet.
What Is Brainstorming?00:00
Brainstorming Techniques (method)00:00
Research Using The Internet00:00
IDENTIFYING OPPORTUNITIES IN ENTREPRENEURSHIP
There are different ways we can identify opportunities in entrepreneurship and also maximize those opportunities. First is to carry out market research and know the demand of customers and how you can satisfy that demand.
Ways to Identify Opportunities In Business00:00
Maximizing Opportunities00:00
CREATING A BUSINESS PLAN
A business plan is a document where you write down all the details about how you are going to start. The foundation of a good business is a good business idea.
What Is A Business Plan?00:00
Characteristics of a Good Business Idea00:00
How To Write A Business Plan00:00
MONETIZING TALENTS
Talent is inborn, it can be a specific activity that one is interested in and can perform effortlessly without being taught, for example singing, acting etc. It is important to identify your talent, develop it and let it start yielding money for you. When you do that the sky will be your starting point.
Identifying Your Talents00:00
Why Should You Identify Your Talents?00:00
Grooming or Developing Your Talent00:00
THINK LIKE A MILLIONAIRE
It is important to develop a millionaire mindset, for you to attain a millionaire status in life, you must see and think differently. You must learn to act like a millionaire. Developing this mindset starts from investing in yourself, learning, learning for value, shift your motivation from getting to giving etc.
Major Steps to take and develop the Millionaire Mind-set:00:00
It is said that opportunity always comes in crude form. Think of crude oil; when it’s not refined, it seems very dirty. When it’s refined, it’s made into different products such as diesel, fuel and even gas. This generates a lot of money. Opportunity can come as a problem and if any person proffers a solution, the riches will come. Great entrepreneurs are problem solvers with passion in their heart. They don’t get discouraged until a solution is discovered.
Example: Facebook solved the problem of bringing old school mates together after school and it started on campus. They weren’t making profits then, but today, Facebook is used for a lot of things and is making so much money. A successful entrepreneur is one that brings out new ideas and seeks opportunities to develop.
