Entepp 1

• Gate 1


  • Preparation (IQ - Intelligence Quotient)
  • Capacity to think and reason
• Money


  Cash component
• Business model


  The big picture plan to generate value, revenue, and profit
• Mentor


  Adviser who can add value to entrepreneurs by giving sound guidance to increase competency, lessen risks, and help open more opportunities for success
• Gate 2


  • Marketing (CQ - Creativity Quotient)
  • Capacity to innovate
• Mindset


  About belief
• Market


  A set of buyers that an entrepreneur focuses attention on
• Message

  Brand positioning that will be communicated and persuade a target customer to buy
• Gate 3


  • Execution (EQ - Emotional Quotient)
  • Capacity to empathise
• Methods


  Systematic and processes that allow the entrepreneur information and control
• Management skills


  Ability to carry out plans through people, rewards and leadership
• Gate 4


  • Self-leadership (AQ - Adversity Quotient)
  • Capacity to recover and make progress
• Moving forward


  Having the grit to continue the business despite obstacles
• Mission


  The purpose or reason why the business exists beyond making profits
• Mastery


  Building capabilities, knowing the self, the environment as well as the operations
• Entrepreneurship Key Factor Matrix

  • Money - Commitment to maximize return on investment
  • Mindset - Commitment to have innovation mindset
  • Machinery - Commitment to create an effective organisation
  • Moving Forward - Commitment to keep iterating toward objectives and goals
• Competencies of an Entrepreneur

  • Risk appetite
  • Sense Making
  • Customer Focus
  • Initiative
  • Influence
  • Adaptability
• Risk appetite

  Fees Reward for taking on opportunities that have potential positive and negative consequences
• Sense Making

  Scanning the environment to detect and interpret what happening today in order to connect and take actions on potential Future outcomes
• Customer Focus


  Chocking, initiating and sustaining relationship with customers
• Initiative


  Being productive in taking prompt action to attain detectives
• Adaptability


  Adjusting to external changs while initiating internal charger to attain objectives
• Competencies of an Innovator

  • Creativity
  • Critical thinking
  • Collaboration
  • Communication
• Creativity


  Forming a mental image or new about the future
• Critical thinking


  Offering unique way to solve defined problems
• Collaboration


  Developing relationship with the partners to attain objectives
• Communication


  Engaging constituents to make them understand and acept your message
• Intrapreneur - An employee who acts like an entrepreneur within a larger organization.
• Machinery


  It is about organization structure that can deliver the value planned hence the organizational structure can only be identified after the value of proposition is formulated
•  Ability to use personal branding and interpersonal style to gain by it from constituents

  Influence