Entrep (Group 1) 2024 - PDF

Good day Everyone! Let's have a short ice breaker Mechanics of the Game: 1. Four (4) of our member will put a candy on your table. 2. Face your opponents and stand tall. 3. When you hear the word "Clap" you will clap, when you hear the word "Boom" you will slam the table slowly but surely, wit...

Good day Everyone! Let's have a short ice breaker Mechanics of the Game: 1. Four (4) of our member will put a candy on your table. 2. Face your opponents and stand tall. 3. When you hear the word "Clap" you will clap, when you hear the word "Boom" you will slam the table slowly but surely, without making a loud noise, and lastly when you hear the "Candy" quickly grab the candy. 5 factors to Consider of New Entrepreneur  What is Consider? Consider means to think carefully about something before making a decision or taking an action. 5 factors to Consider of New Entrepreneur 1. Know your Products or Services Knowing your products and services creates value by helping costumer understand why the product or service stands out from other and how it can benefit them. You need a good grasp of how your product works, the pricing structure and any other benefits your customers get with their purchase. 2. Analyze the Market Potential Market potential analysis is a tool to find the best opportunities for selling things and make smart decisions about where to spend money to be successful in the long run. It involves understanding market trends, customer needs, and competition to identify the most promising products or services and determine the potential return on investment. 3. Marketing Strategy A marketing strategy is a plan of action that a company uses to promote its products or services and reach its target audience. It involves identifying the target market, determining the most effective marketing channels, and creating a consistent message to attract and engage potential customers. 4. Know the Competitors To launch a product, understand competitors' strengths and weaknesses, develop new strategies, capitalize on weaknesses, and continuously innovate for better quality and customer loyalty. 5. Do not set on your Laurels Don't get too comfy with past wins. The business world keeps evolving, so you need to keep analyzing and pushing for growth. Focus on expanding and competing by improving your advertising, budgeting for growth, and investing in new resources and research to boost your products. Recap: I can to solve addition and subtraction word problems by breaking it apart and by using drawings and equations to represent the problem when solving.