Turning Entrepreneurial Spirit Into Business Opportunities

Turning Entrepreneurial Spirit Into Business Opportunities (Set 3 of 3)

What is it that Successful Entrepreneurs do that most other business owners don’t do? They do the following:

“Create and grow additional market and business rather than just fight for a larger share of a shrinking or profit diminishing pie”

“Recognise opportunities and mould them to fit their business in order to be able to seize and capitalise on them”

“Reshape their industry by redefining boundaries and gathering appropriate partners with whom they can network and align to”

“Are proactive not reactive and are imaginative, creative, open, receptive and develop the uncanny ability to spot, interpret and evaluate new market opportunities”

Topics Include:
– Understanding the Qualities and Characteristics of Entrepreneurs
– Assessing Your Own Entrepreneurial Leadership Qualities and Creating a Plan to Improve Them
• How to Build an Entrepreneurial Culture in an Organization or Division
• 51 Proven ways to Find and Recognise Business Opportunities
• Tips on Evaluating Opportunities
• How to Release Your Creative, Imaginative Mind Through Opportunity Thinking Stimulators
• Determining What Stage of Business Growth or Decline Your Company is in and How to Best Utilise the Vital Success Factors to Effectively Operate That Business at That Stage
• Utilising the “Quick Assessment” to Determine Whether or Not Your Business is Advancing or Ageing

This program will assist anyone looking for a Business Opportunity for the first time or for business owners, executives and economic development personnel wanting to find new opportunities within their business, organisation or region.

Modular Breakdown:

Assessing Your Entrepreneurial Qualities – Module 1

Entrepreneurial Assessment Tool
Finding And Recognising Business Opportunities Part 1 – Module 2

1.  Identifying Your Full Business Opportunities
2.  Identifying Opportunities Arising From Your Current Business
3.  Taking Advantage Of Situations And Circumstances
4.  Magnifying (Amplifying) People And Events

Finding And Recognising Business Opportunities Part 2 – Module 3

5.  Capitalising On A Growth Trend
6.  Taking Advantage Of A Market Switch
7.  Taking Advantage Of A Fashion Opportunity
8.  Second-try Situations
9.  Catering To Left-behind Markets
10.  Transferring Concepts From One Industry To

Finding And Recognising Business Opportunities Part 3 – Module 4

11.  Combining Two Or More Assets Into A New One
12.  Plussing An Existing Product Or Service
13.  Finding Uses For Waste Materials
14.  Discount Selling
15.  Adding Value To Existing Products
16.  Planning And Promoting Events
17.  Identifying Market Gaps Or Shortages And Filling

Finding And Recognising Business Opportunities Part 4 – Module 5

18.  Imitating Successful Products Or Business Ideas
19.  Identifying Unique Client Groups And Tailoring Products For Them
20.  Drawing Upon The Resources Of Underused People
21.  Gaining A Small Percentage Of A Large Market
22.  Packaging
23.  Substituting Materials In Existing Products
24.  Provide A Consulting Or Information Service
25.  Franchising Your Business
26.  Buying A Franchise

Finding And Recognising Business Opportunities Part 5 – Module 6

27.  Manufacturing Under License
28.  Assembling A Product
29.  Rebuilding Or Remanufacturing Products
30.  Becoming A Supplier To Another Producer
31.  Import Replacement
32.  Marketing Someone Else’s Product Or Services
33.  Becoming An Import Distributor Or Agent For Products And Services Made Outside South Africa
34.  Becoming An Agent For Someone’s Product Or Service
35.  Becoming A Distributor For Someone’s Product Or Service
36.  Taking Local Existing Products To New Markets
37.  Export Distribution

Finding And Recognising Business Opportunities Part 6 – Module 7

38.  Locating A Patent Opportunity
39.  Inventing A New Product Or Service
40.  Buying An Existing Business
41.  Pool Small Groups Of Consumers With Specialised Needs
42.  Start A Co-operative
43.  Conduct Market Research For Other Businesses
44. Take Advantage Of Changes In Government Regulations

Finding And Recognising Business Opportunities Part 7 – Module 8

45.  Capatalise On Changing Computer Technology
46.  Help Other Businesses Take Advantage Of New Technology
47.  Creating An On-line Business
48.  Expand Your Business Over The Internet
49.  Meet The Same Needs In A Different Way
50.  Take Advantage Of Global Markets
51.  Mind Directing Questioning

Evaluate Your Opportunit – Module 9

One-hour Test
One-day Test
One-month Test
Riding The Right Success Horse

Using Creative Thinking To Find Opportunities – Module 10

Capatalising On Business Stages – Module 11

Staying Forever Entrepreneurial – Module 12