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Technology Ventures: From Idea to Enterprise 4th Edition by Thomas Byers,Richard Dorf ,Andrew Nelson
Edition 4ISBN: 978-0073523422Technology Ventures: From Idea to Enterprise 4th Edition by Thomas Byers,Richard Dorf ,Andrew Nelson
Edition 4ISBN: 978-0073523422 Exercise 1
Select a high-potential opportunity that interests you and then use it for the venture challenge exercises at the end of each chapter.
Describe the opportunity that attracts you and why you think it is a new venture opportunity.
Describe the opportunity that attracts you and why you think it is a new venture opportunity.
Explanation
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Introduction:
The industrial market is a sea of opportunities and by working towards it; moving in the right direction and training oneself to achieve this one can achieve anything. Many think it is too difficult to start a new venture and they do not posses what it takes to be a successful entrepreneur. The truth is that anyone with a blend of good idea, the right sum of funds and creativity can make enormous changes in the business world.
Opportunity that attracts:
The food industry is one which will have favor among the people. There are many diverse sorts of restaurants some follow particular cuisines, tastes, food type and budget based. There are food stalls and also food carts which take up food to the people. Themed restaurant is also a yes in the society.
This opportunity includes having a restaurant in one of the strategic places of the city. There would be a theme followed in this place. The food will be tradition and low budget food which can be affordable by common people. The restaurant would have specialty of native food.
Conclusion:
This could be a best opportunity because people are always attracted to new food. If the ambience and a good taste is maintained it would turn out to be best for the industry and others. Also there is a new way of propagating through social media, if they can be captured and impressed then the success is sure.
The industrial market is a sea of opportunities and by working towards it; moving in the right direction and training oneself to achieve this one can achieve anything. Many think it is too difficult to start a new venture and they do not posses what it takes to be a successful entrepreneur. The truth is that anyone with a blend of good idea, the right sum of funds and creativity can make enormous changes in the business world.
Opportunity that attracts:
The food industry is one which will have favor among the people. There are many diverse sorts of restaurants some follow particular cuisines, tastes, food type and budget based. There are food stalls and also food carts which take up food to the people. Themed restaurant is also a yes in the society.
This opportunity includes having a restaurant in one of the strategic places of the city. There would be a theme followed in this place. The food will be tradition and low budget food which can be affordable by common people. The restaurant would have specialty of native food.
Conclusion:
This could be a best opportunity because people are always attracted to new food. If the ambience and a good taste is maintained it would turn out to be best for the industry and others. Also there is a new way of propagating through social media, if they can be captured and impressed then the success is sure.
Technology Ventures: From Idea to Enterprise 4th Edition by Thomas Byers,Richard Dorf ,Andrew Nelson
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