Objective – The purpose of this assignment is for you to gain experience searching for entrepreneurial opportunities, and to learn to formulate, present, and evaluate business concepts.
Content of the Assignment – In this assignment, you are to identify an entrepreneurial opportunity and develop a business concept for it. The concept can be an independent new venture, a social or non-profit venture, or a corporate venture (intrapreneuship). You should address the following:
Who is the customer and what is their problem/pain point that you have identified?
What is the product/service offered and the benefits it provides? How will you reach the customer, i.e., what is the distribution channel? Clearly state the value proposition(s) here.
Create a vision statement and mission statement for the venture. What do these statements say about the values of the company?
Why and how did you personally recognize this opportunity?
What market factors, trends, or changes have led to this opportunity coming into existence? (e.g., industry/demographic/technological developments from Drucker’s sources of innovation)
What early evidence can you generate to show that this is an attractive opportunity? For this question, make some assumptions about the market opportunity based on current competitors or estimates of current market sizes.
What do you think are the next steps to pursue this venture? What are the critical uncertainties in the opportunity and how can you research them?
Please help me write a thought of no more than one page. Our target customers are individuals who are ordinary workers. We are providing no-threshold investment opportunities, providing high-quality investment portfolios with competitive returns and minimum commission fees. Let customers have equal opportunities to achieve wealth growth with the lowest threshold, risk and fees
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