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Entrepreneurship
This textbook is intended for use in introductory Entrepreneurship classes at the undergraduate level. Due to the wide range of audiences and course approaches, the book is designed to be as flexible as possible. Theoretical and practical aspects are presented in a balanced manner, and specific components such as the business plan are provided in multiple formats.
- Author
- OpenStax
- Publisher
- LibreTexts
- Source
- LibreTexts
- License
- CC BY
- Language
- EN
- Category
- Business Administration
Contents· 181 sections
- 01: The Entrepreneurial Perspective
- 1.00: Prelude to the Entrepreneurial Perspective
- 1.01: Entrepreneurship Today
- 1.02: Entrepreneurial Vision and Goals
- 1.03: The Entrepreneurial Mindset
- 1.04: Key Terms
- 1.05: Summary
- 1.06: Review Questions
- 1.07: Discussion Questions
- 1.08: Case Questions
- 1.09: Suggested Resources
- 02: The Entrepreneurial Journey and Pathways
- 2.00: Prelude to the Entrepreneurial Journey and Pathways
- 2.01: Overview of the Entrepreneurial Journey
- 2.02: The Process of Becoming an Entrepreneur
- 2.03: Entrepreneurial Pathways
- 2.04: Frameworks to Inform Your Entrepreneurial Path
- 2.05: Key Terms
- 2.06: Summary
- 2.07: Review Questions
- 2.08: Case Questions
- 2.09: Suggested Resources
- 03: The Ethical and Social Responsibilities of Entrepreneurs
- 3.00: Prelude to the Ethical and Social Responsibilities of Entrepreneurs
- 3.01: Ethical and Legal Issues in Entrepreneurship
- 3.02: Corporate Social Responsibility and Social Entrepreneurship
- 3.03: Developing a Workplace Culture of Ethical Excellence and Accountability
- 3.04: Key Terms
- 3.05: Summary
- 3.06: Review Questions
- 3.07: Discussion Questions
- 3.08: Case Questions
- 3.09: Suggested Resources
- 04: Creativity Innovation and Invention
- 4.00: Prelude to Creativity Innovation and Invention
- 4.01: Tools for Creativity and Innovation
- 4.02: Creativity Innovation and Invention- How They Differ
- 4.03: Developing Ideas Innovations and Inventions
- 4.04: Key Terms
- 4.05: Summary
- 4.06: Review Questions
- 4.07: Discussion Quetions
- 4.08: Case Questions
- 4.09: Suggested Resources
- 05: Identifying Entrepreneurial Opportunity
- 5.00: Prelude to Identifying Entrepreneurial Opportunity
- 5.01: Entrepreneurial Opportunity
- 5.02: Researching Potential Business Opportunities
- 5.03: Competitive Analysis
- 5.04: Key Terms
- 5.05: Summary
- 5.06: Review Questions
- 5.07: Discussion Quetions
- 5.08: Case Questions
- 5.09: Suggested Resources
- 06: Problem Solving and Need Recognition Techniques
- 6.00: Prelude to Problem Solving and Need Recognition Techniques
- 6.01: Problem Solving to Find Entrepreneurial Solutions
- 6.02: Creative Problem-Solving Process
- 6.03: Design Thinking
- 6.04: Lean Processes
- 6.05: Key Terms
- 6.06: Summary
- 6.07: Review Quetions
- 6.08: Discussion Questions
- 6.09: Case Questions
- 6.10: Suggested Resources
- 07: Telling Your Entrepreneurial Story and Pitching the Idea
- 7.00: Prelude to Telling Your Entrepreneurial Story and Pitching the Idea
- 7.01: Clarifying Your Vision Mission and Goals
- 7.02: Sharing Your Entrepreneurial Story
- 7.03: Developing Pitches for Various Audiences and Goals
- 7.04: Protecting Your Idea and Polishing the Pitch through Feedback
- 7.05: Reality Check- Contests and Competitions
- 7.06: Key Terms
- 7.07: Summary
- 7.08: Review Questions
- 7.09: Discussion Resources
- 7.10: Case Questions
- 7.11: Suggested Resources
- 08: Entrepreneurial Marketing and Sales
- 8.00: Prelude to Entrepreneurial Marketing and Sales
- 8.01: Entrepreneurial Marketing and the Marketing Mix
- 8.02: Market Research Market Opportunity Recognition and Target Market
- 8.03: Marketing Techniques and Tools for Entrepreneurs
- 8.04: Entrepreneurial Branding
- 8.05: Marketing Strategy and the Marketing Plan
- 8.06: Sales and Customer Service
- 8.07: Key Terms
- 8.08: Summary
- 8.09: Review Questions
- 8.10: Discussion Questions
- 8.11: Case Questions
- 8.12: Suggested Resources
- 09: Entrepreneurial Finance and Accounting
- 9.00: Prelude to Entrepreneurial Finance and Accounting
- 9.01: Overview of Entrepreneurial Finance and Accounting Strategies
- 9.02: Special Funding Strategies
- 9.03: Accounting Basics for Entrepreneurs
- 9.04: Developing Startup Financial Statements and Projections
- 9.05: Key Terms
- 9.06: Summary
- 9.07: Review Questions
- 9.08: Discussion Questions
- 9.09: Case Questions
- 9.10: Suggested Resources
- 10: Launch for Growth to Success
- 10.00: Prelude to Launch for Growth to Success
- 10.01: Launching the Imperfect Business- Lean Startup
- 10.02: Why Early Failure Can Lead to Success Later
- 10.03: The Challenging Truth about Business Ownership
- 10.04: Managing Following and Adjusting the Initial Plan
- 10.05: Growth- Signs Pains and Cautions
- 10.06: Key Terms
- 10.07: Summary
- 10.08: Review Questions
- 10.09: Discussion Questions
- 10.10: Case Questions
- 10.11: Suggested Resources
- 11: Business Model and Plan
- 11.00: Prelude to Business Model and Plan
- 11.01: Avoiding the Field of Dreams Approach
- 11.02: Designing the Business Model
- 11.03: Conducting a Feasibility Analysis
- 11.04: The Business Plan
- 11.05: Key Terms
- 11.06: Summary
- 11.07: Review Quetions
- 11.08: Discussion Questions
- 11.09: Case Questions
- 11.10: Suggested Resources
- 12: Building Networks and Foundations
- 12.00: Prelude to Building Networks and Foundations
- 12.01: Building and Connecting to Networks
- 12.02: Building the Entrepreneurial Dream Team
- 12.03: Designing a Startup Operational Plan
- 12.04: Key Terms
- 12.05: Summary
- 12.06: Review Questions
- 12.07: Discussion Questions
- 12.08: Case Questions
- 12.09: Suggested Resources
- 13: Business Structure Options- Legal Tax and Risk Issues
- 13.00: Prelude to Business Structure Options- Legal Tax and Rish Issues
- 13.01: Business Structures- Overview of Legal and Tax Considerations
- 13.02: Corporations
- 13.03: Partnerships and Joint Ventures
- 13.04: Limited Liability Companies
- 13.05: Sole Proprietorships
- 13.06: Additional Considerations- Capital Acquisition Business Domicile and Technology
- 13.07: Mitigating and Managing Risks
- 13.08: Key Terms
- 13.09: Summary
- 13.10: Review Questions
- 13.11: Discussion Questions
- 13.12: Case Questions
- 13.13: Suggested Resources
- 14: Fundamentals of Resource Planning
- 14.00: Prelude to Fundamentals of Resource Planning
- 14.01: Types of Resources
- 14.02: Using the PEST Framework to Assess Resource Needs
- 14.03: Managing Resources over the Venture Life Cycle
- 14.04: Key Terms
- 14.05: Summary
- 14.06: Review Questions
- 14.07: Discussion Questions
- 14.08: Case Questions
- 14.09: Suggested Resources
- 15: Next Steps
- 15.00: Prelude to Next Steps
- 15.01: Case Questions
- 15.02: Suggested Resources
- 15.03: Launching Your Venture
- 15.04: Making Difficult Business Decisions in Response to Challenges
- 15.05: Seeking Help or Support
- 15.06: Now What Serving as a Mentor Consultant or Champion
- 15.07: Reflections- Documenting the Journey
- 15.08: Key Terms
- 15.09: Summary
- 15.10: Review Questions
- 15.11: Discussion Questions