Intro to Entrepreneurship: From Thought to Action!
Topics: Introductions, Expectations, and Entrepreneurship vs. Employment
TO USE FOR EVERY SESSION: PICK YOUR BUSINESS PLAN TEMPLATE!
Ultimately your business plan is yours and can be as unique as your business, but there are key elements that most plans will have. Here are two templates that you can use for those elements if you are a Startup or Existing Business, and here is another template used by Propel Facilitator Alicia Davis to develop her business plan. You can check out her sample business plan HERE to get some ideas. You can also check out Business Plan templates on Canva, they have some beautiful looking ones!
By the end of the 12 weeks of work in the program, you should be able to fill out this snapshot business plan keeping it to one simple page!
Assignments for Session 2:
- Read through the Session II Presentation.
- Review the following articles that pertain to the SWOT Analysis: https://www.mindtools.com/amtbj63/swot-analysis & https://www.wordstream.com/blog/ws/2017/12/20/swot-analysis
- Draft at least 3 weaknesses, 3 opportunities, and 3 threats. (We completed the Strengths during Session I.)
- Identify at least 3 of your competitors, and bring with you the following information: the competitor’s business name, location (city & state), and length of existence (if known).
Additional Resources:
How To Know Whether Entrepreneurship Is The Right Next Career Move For You (forbes.com)
The 8 P’s Of Entrepreneurship (forbes.com)
The 9 Different Types of Entrepreneurship (With Examples) | Indeed.com
GET INSPIRED BY ANOTHER FOUNDER’S STORY!
Listen to this episode of “How I Built This with Guy Raz” in conversation with the founder of SPANX, Sara Blakely, as she shares her journey from selling fax machines door-to-door to inventing a revolutionary undergarment and building a billion-dollar brand. With no background in fashion or business, and armed only with $5,000 in savings, she navigated countless rejections and challenges. Her story exemplifies the power of perseverance, creativity, and belief in one’s vision.
Session Info to Join online or by phone:
Allendale Class
Tuesdays April 22-July 8: 6:00 – 9:00pm
In-person: USC Salkehatchie ICarolina Lab, 465 James Brandt Blvd, Allendale, SC 29810
Online (note that you can only attend one class online if you wish to pitch): https://meet.google.com/yhw-nxzi-hiy
Or dial: (US) +1 347-486-6965 PIN: 871 393 513#
More phone numbers: https://tel.meet/yhw-nxzi-hiy?pin=4252676639950
Orangeburg Class
Tuesdays April 22 – July: 6:00 – 9:00pm
In-person: The Orangeburg Regional Innovation Center, 1515 Henley St, Orangeburg, SC 29115
Online (note that you can only attend one class online if you wish to pitch): https://meet.google.com/mff-tcbr-bhj
Or dial: (US) +1 405-489-2068 PIN: 738 189 935#
More phone numbers: https://tel.meet/mff-tcbr-bhj?pin=2206469998377