You are dealing in Solar Panels that is being manufactured by your venture partner at Raibarelly, named “Midnight Sunshine”. You find , there is a huge untapped market in the agri-rich villages of Assam, Bengal and Orissa. But you have no offices, no distribution network elsewhere. Having discussed the matter with your Jt Venture partner, it seems with introduction of fresh capital by both to the tune of 2 Crs in equal ratio, the Co can see a soaring growth in near future. So, plan for a start up with your entrepreneurship skills, giving justification for each of your steps taken , aligning with the methodology / standards in Ent. Mngmnt.
The following areas be covered - Networking, Market Demand Assessments, Distribution Chain Set up, Setting up of Mission and Vision for the Co, Recruitment program, Cost Planning, Sales and Distribution, Market penetration strategy, Advertisement & Support service structuring.
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7 Essential Skills Required to Succeed as An Entrepreneur
Ambition. It is easy to give up when the going gets tough, but the most successful entrepreneurs persist because of their ambitious nature. ...
Willingness to Learn. ...
Ability to Listen. ...
Creativity. ...
Assertiveness and Confidence. ...
Perseverance. ...
Courage and Risk Taking.
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