BUSS 322 Fundamentals of Innovation and Entrepreneurship

BUSS 322 Fundamentals of Innovation and Entrepreneurship

FINAL Project #3 Assignment:

Your Personal Entrepreneurial Potential Future Plan

(Individual 40%)

(Fall 2023)

What matters most to you as you contemplate your future career and personal life? The entrepreneurial process is at its core concerned with "the pursuit of opportunity without regard to the resources already under control," as Professor Howard Stevenson of Harvard Business School originally said. This is NOT only about a start-up business. This process is as applicable to your life as it is to your career or starting a company.

The goal of this assignment is for you to use an entrepreneurial mindset to consider what is important to you and where you want to be and how you will get there.

Entrepreneurs expect constraints and challenges and turn them into opportunities.

Instructions

Answer any three (3) of the STUDY QUESTION items below (1, 2, 3, 4A, or 4B - your choice). The constraint/challenge is that all 3 answers need to be on ONE PAGE (normal margins, font 10, single space the same as this document) not counting a cover page with your name, student ID# and section #. References are not required this should be your personal, original creation. Choose the items you feel will best describe the vision of your innovative future, not some generic AI vision.

You may answer more than 3 of the items below, and I will be happy to read them, but you will only get credit for the first 3 answers on the first page.

Remember: Entrepreneurs expect constraints and turn them into opportunities.

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Study Questions

Vision and Opportunity

What are your goals (career and/or educational) after you complete university? What are the opportunities that align with your goals? Don't restrict yourself to matters of career or work; think more broadly about your opportunities to make a difference. How can you pursue these opportunities?

Marketing and Implementation Strategy

What compelling values will you offer to your community, your employers? How will you apply these values?

In one paragraph, describe a strategy or plan for your life over the next three to five years.

Entrepreneurial Ethics

Entrepreneurship is not all about personal financial gain. It concerns crafting a lifelong plan to make a positive impact on society. Character does matter. Failure is OK; unethical behavior is not. True wealth requires the creation of enduring value, which requires integrity and ethics. Entrepreneurship is not only about business, it is also an integral part of life that reflect the values of each participant.

How do you plan to practice ethical principles in your daily actions? Examples?

Your Entrepreneurial Future

(Choose either or both)

4A) How can the design thinking process and an entrepreneurial mindset help you achieve your goals, dreams, and aspirations? Examples?

4B) What is something you learned/discovered in our Fundamentals of Innovation & Entrepreneurship course that you will use in your future to make your life and career better? Elaborate.

Schedule

In our final session you will share highlights from your Personal Entrepreneur Potential Future Plan and how an entrepreneurial mindset and innovation could play a role in your personal and career paths. You will submit your individual, original, creative and innovative final paper on or before WED. Dec 13.

Wishing you the best of luck as you finish this semester and beyond!!