1. Review the following U.S. Small Business Association (SBA) Website resources: 20 Questions Before Starting
- 2. Watch the following YouTube videos:
- The Secret to Making Money by starting a small business.
- How to Start a Business with No Money
- 50 Business Ideas For Entrepreneurs 2016
- 11 Skills that Millionaires Master
- Mark Cuban: Best Interview 2015 UNCENSORED
- Barbara Corcoran: “Shark Tank” | Talks at Google
3. Watch the following TED talks:
- Steven Johnson: Where good ideas come from
- Tim Harford: Trial, error, and the God complex
- Seth Godin: How to get your ideas to spread
- Malcolm Gladwell: Choice, happiness, and spaghetti sauce
- Jeff Smith: Lessons in business from prison
- Knut Haanaes: Two reasons companies fail – and how to avoid them.
- Davis S. Rose: How to pitch to a VC
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- Answer the following business concept questions based on your review of the course materials:
- What problem are you trying to solve and how will you solve it?
- Is someone else already solving this problem?
- How is your solution better and/or different than your competitors?
- Is there a want or need for the product or services?
- How big is the potential market
- How much will it cost to start the business?
- How soon can you start the business?
- What personal and professional adjustments must you make to start this business?
- What is (are) your ultimate goals(s) in starting this business?
- What will happen if you dont start this business?
- Prepare the Business Concept Statement.
- You can expect this to be at least 500 words for a simple business and more with additional complexity. Cite at least 5 sources from the course material or other resources to support your concepts. Use APA format for your submission.
- Use Word .doc/docx format for submission.
- Answer the following business concept questions based on your review of the course materials:
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