Entrepreneurial Diary – Week 5 – Building the Business Case

Now we've passed the elevator pitch, we're free to move onto the next stage - to develop a full business case and prepare a full sales pitch to deliver to the dragons. The last week has seen developments in the…

Entrepreneurial Diary – Week 3 – Applying the Opportunity Business Model

MBA New Venture Challenge. How to be an entrepreneur. Entrepreneurial Theory. Applying Blundel and Lockett's Opportunity Business Model in practice in entrepreneurial theory. Exploring how Dimensions and Drivers influence entrepreneurial opportunities in practice. What is Blundel's opportunity business model and how do you apply it in practice?

Understanding the industry environment

Assessing the strategic industrial environment through Porter's Five Forces. Assessing the attractiveness of markets, industries and the macro-environment Porter's 5 Forces: Competition, Consumers, Suppliers, New Entrants, Potential substitute products. PESTLE: Political, Economic, Social, Technological, Legal and Environmental