Developing Entrepreneurial Intelligence
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Transcript of Developing Entrepreneurial Intelligence
Entrepreneur is a French word coined by the economist Jean-Baptiste Say, and usually is
translated as, "adventurer".
DEVELOPING ENTREPRENEURIAL INTELLIGENGENCE
Entrepreneurship is the willingness to take risks and develop, organize and manage a business venture in a competitive global marketplace that is constantly evolving.
DEVELOPING ENTREPRENEURIAL INTELLIGENGENCE
An Entrepreneur has been defined as "a person who organizes and manages any enterprise, especially a business, usually with considerable initiative and risk"
People who are thinking about starting their own business should understand that successful
entrepreneurship involves much more than having a great concept. Most people think being an
entrepreneur is all about coming up with an idea, but that's just one part,"
Elizabeth Amini, CEO and co-founder
Anti-Aging Games LLC,
DEVELOPING ENTREPRENEURIAL INTELLIGENGENCE
DEVELOPING ENTREPRENEURIAL INTELLIGENGENCE
A recent survey by Global Entrepreneurship Monitor (GEM) has revealed that Nigerians have more enthusiasm
for business than the rest of the world.
In 2012, the report stated, 21.7 percent of
Nigerians aged between 18 and 64 years of age
were preparing to start a new business, which is
the second highest rate in sub-Saharan Africa,
after Zambia, and 14.9 percent of adults were
actually running a new business
DEVELOPING ENTREPRENEURIAL INTELLIGENGENCE
Uganda is the most entrepreneurial country in
Africa
- GEM
28.1%POPOULATION
DEVELOPING ENTREPRENEURIAL INTELLIGENGENCE
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Out of 45,000 applicants across Africa, only 1000 were short-listed for the grant and Nigeria has the highest number and Kenya is second
167
Nigeria Kenya
The lifeblood of every developed nation is entrepreneurs, people who set out to build their
own destiny and achieve fame and fortune
-Allan Bonsall
DEVELOPING ENTREPRENEURIAL INTELLIGENGENCE
its not what you don’t have that limits you but what your have and don’t know how to use.
-Steve Harris
DEVELOPING ENTREPRENEURIAL INTELLIGENGENCE
“It’s not enough to be busy, so are the ants. The question is, what are we busy about?”
-Henry David Thoreau
DEVELOPING ENTREPRENEURIAL INTELLIGENGENCE
• Passion is the life-force of vision, it propels entrepreneurs to the top and sets them apart from the rest.”
• it is an overwhelming love of what one is doing, and the drive and determination to see one's dreams realized
DEVELOPING ENTREPRENEURIAL INTELLIGENGENCE
• Creativity is a boundless imagination that is constantly innovating and seeing the world through a different lens — is the ultimate key to business success
• Creativity require the use of Divergent thinking
DEVELOPING ENTREPRENEURIAL INTELLIGENGENCE
“The ultimate resource is resourcefulness”
-Anthony robins
DEVELOPING ENTREPRENEURIAL INTELLIGENGENCE
This is the skill that qualifies one to be called an Entrepreneur….resourcefulness also means when someone is enterprising
DEVELOPING ENTREPRENEURIAL INTELLIGENGENCE
Abandon it Assign itAttempt it
Three approaches to problems
DEVELOPING ENTREPRENEURIAL INTELLIGENGENCE
1. RELATIONSHIP
“Your network is your net worth” – Tim Sanders
FOUR THINGS ENTREPRENEURS SHOULD BE LEVERAGING ON
DEVELOPING ENTREPRENEURIAL INTELLIGENGENCE
2. INFORMATION TECHNOLOGY (IT)
The Internet has made the World a global Village
FOUR THINGS ENTREPRENEURS SHOULD BE LEVERAGING ON
DEVELOPING ENTREPRENEURIAL INTELLIGENGENCE
SOCIAL MEDIA
FOUR THINGS ENTREPRENEURS SHOULD BE LEVERAGING ON
DEVELOPING ENTREPRENEURIAL INTELLIGENGENCE
FOUR THINGS ENTREPRENEURS SHOULD BE LEVERAGING ON
PERSONAL SKILLS.
Your ability to sense a shift in the way business is done and quickly adjust.
• If you are proactive, you make things happen, instead of waiting for them to happen to you.
• Active means "doing something." The prefix pro- means "before." So if you are proactive, you are ready before something happens. The opposite is being reactive, or waiting for things to unfold before responding.
DEVELOPING ENTREPRENEURIAL INTELLIGENGENCE
• Don’t be too fast to make a deal• Know what is needed before you make an offer• Know the value of what you are offering, or else you will
sell yourself cheap• Learn how to package what you are offering to meet and
surpass the needs to be met• Don’t reveal your need when you are making your offer.
The presence of your need can affect the perception people have towards what your are offering
• Your wants can make you offer the most precious things at the wrong time.
DEVELOPING ENTREPRENEURIAL INTELLIGENGENCE