Stages of Entrepreneurship

Stages of Entrepreneurship

Your presentation of 10–12 slides that including a cover page will be used to promote your company as the right place to use to support entrepreneurial activity. The slideshow must be a professional presentation that is easy to read and follow. Use the notes section to describe each slide in greater detail.

Week 7 You Decide Transcript 
ENTR510_W7_You_Decide_Transcript Page 1 
You Decide Assignment Title: ? The Entrepreneurial Process 
 
Scenario Summary 
You have worked hard this semester learning about the process the entrepreneur takes to launch 
a new venture. In this assignment, you will be reviewing the first 6 weeks of this course to create 
an outline of this process. 
You work at a consulting company helping companies research, develop, and launch new ideas. 
The Vice President of Sales has asked you to create a document that highlights the entire process 
from idea generation to financing that will be used to help the sales team attract new clients. You 
will create a PowerPoint slideshow that outlines this process. 
Your Role/Assignment
You are working for a consulting firm that helps new ventures launch. Your manager, Karl 
Mecklenberg, has asked you to work with the sales team to develop a presentation slideshow that 
will highlight the steps taken in the development of a new venture. You will turn in a minimum of a 
12-page PowerPoint, complete with notes that describe this process. 
You have a meeting scheduled with Craig Morton, Vice President of Sales, who will describe 
what the sales team requires for their presentation. 
Activity
As an expert in entrepreneurship, you will outline the process that one goes through to launch a 
new business. 
As outlined in Week 2, you start with an idea and then assess its worth. Once you have an 
opportunity, you create a business model, develop a business plan, create a marketing strategy, 
develop a legal strategy, and assemble your team (Weeks 3–5). To finance this launch, you start 
with seed money and eventually (if successful) reach out to angel investors or venture capitalists 
(Weeks 6 and 7). 
Be sure to highlight all of these areas and describe the process in each stage. 
Your presentation of 10–12 slides that including a cover page will be used to promote your 
company as the right place to use to support entrepreneurial activity. The slideshow must be a 
professional presentation that is easy to read and follow. Use the notes section to describe each 
slide in greater detail. 
To be successful, you should review each of the past weeks’ lectures and readings and bring in 
these academic sources to support your process presentation. 
You are about to join a meeting with the Vice President of Sales, Craig Morton. Be sure to listen 
to him as he describes his needs. Week 7 You Decide Transcript 
ENTR510_W7_You_Decide_Transcript Page 2 
Good Luck! 
Key Players 
Key Players - 
Image 
Title/Role/Character Script – Text & Audio
Mr. Craig Morton, Vice 
President, Sales 
Hello, welcome to the company. I understand you 
are new here, but you come highly recommended 
from your boss Karl. I am sure you will be very 
helpful for our department. 
As you know, our company assists entrepreneurs in 
developing ideas for potential ventures. Our sales 
team works with various professional business clubs 
and often speaks to the groups about our services 
in order to attract new customers. 
In these meetings, my team describes what we do 
in great detail—from business plan development to 
assisting with acquiring funds. For the most part, the 
presentation is outstanding, but it could be 
improved, that is where you can help. 
We have received some feedback that while our 
presentation of services is well done, people felt it 
would be a good idea (and help increase sales) if 
we could explain the overall entrepreneurial process 
from idea to funding in launching a new business. 
This improvement to our sales pitch would allow for 
us to highlight how we can help in each area and 
increase the confidence of potential clients by 
showing them the big picture first, before describing 
our individual consulting services. 
We would like you to develop a 10–12 page 
slideshow that will describe the steps of 
entrepreneurship, such as brainstorming an idea 
and then assessing whether the idea is a true 
opportunity. Then you could describe the second 
step an entrepreneur should take to develop a 
strategy and business plan; and then you could 
describe the third step and so on…all the way to 
finding investors for the new venture. 
Be sure to create a professional presentation that is 
easy to read and is succinct. These are busy 
people, so we want just the highlight of the process 
on the slides. And don’t forget to add notes in the 
PowerPoint that my sales team can read that Week 7 You Decide Transcript 
ENTR510_W7_You_Decide_Transcript Page 3 
describes what each slide should cover in detail. 
Thanks for your time…I look forward to this 
presentation! 
End of Transcript