ACTION ORIENTEDEntrepreneurship 2nd meeting
	Action-oriented	Entrepreneur Characteristics	Effective People	Ethics	Ethical Business	Compiling Business Plan
And… AA--ACTION!
Strength. Is measured in ‘pounds’.Speed. Is measured in ‘seconds’.Courage?You can not measure Courage.
Derek Redmond1992 Olympic Games in BarcelonaInternational Olympic Committee‘Celebrate Humanity’
Action-Oriented
Things for your consideration…NACONADONATO
TheoryPhilosophyAcademicNACO. No Action, Concept Only
NADO. No Action, Dream OnlyVisionArt
NATO. No Action, Talk OnlyBangunkolamrenangdan spa adalahisunegara yang sangatpenting, pak! Melebihikebodohandankemiskinan!
NACO for your final paper/thesis…
8 HABITSof highly effective peopleProactive. Originated from the tip of your mindend of mind. First thing first and distinguish between essential and urgently.Win-win thinking. Understood to be comprehended.Synergy. Sharpening Resilience, Flexibility and Strength. Discovering Uniqueness and Helping Others
The Environment for Entrepreneurship	Symbol of business tenacity and achievement	The pioneers of today’s business successes
StatisticalNumbers that emphasize the importance of entrepreneurs to the economy.AcademicTrends in entrepreneurial research and education.Two Perspectives on Entrepreneurship
Provides an annual assessment of the entrepreneurial environment of 40 countries.Latest GEM study: the U.S. outranks the rest of the world in important entrepreneurial support.The Global Entrepreneurship MonitorEffects of Entrepreneurship
“Entrepreneurs are leading the growth”Entering and expanding existing markets.Creating entirely new markets by offering innovative products.Increasing diversity and fostering minority participation in the economy.
Action-Oriented
Set of principles that describe the behavior of the code determines what is good and bad and right or wrong
Basic rules or parameters to perform any activity in a way that "acceptable"
Reasons for Ethical ConflictsMany interests are dealing with businesses both inside and outside the organizationChanges in the values, customs, and norms of society
Reason for unethical actionsGreedyDifferences in work activities by home Lack of basic ethicalSurvivalDependence with other parties
Is there really an instant right way to become rich?
Doing Business EthicallyBehave honestly in performing business activities. It covers all aspects of doing businessAdhere to the values‘Walk the Talk’ - significantly consistent between what is done with what was said
Start Making Business Plan
Structure of Business PlanMissionBusiness modelStrategyRelationship strategySWOT Analysis
Business Plan Document a.k.a Financial DocumentWhy?As quantitative interpretation on what has been stated in the text part of your plan.The financial statements means to look realistically related business with profitability.The financial statements should be checked periodically, measure actual performance against projections, and revise projections accordingly.
Types of Financial Documents:Report sources and uses of fundsConsolidated pro formaReport the actual performanceAnalysis of financial statementsSummary Fund RequirementsWorking capitalCapital growth Equity growthUse of Funds Report"How can the utilization of loan funds (provide supporting data)"
Supporting DocumentsResumeThe financial statements of ownersReport credibility (business and personal)Copies of rental agreementsReference letters (business and personal)Business ContractsLegal documents (certification IPR, etc.)Other DocumentsOrganization plan:Business SummaryMissionBusiness modelStrategies (activities, sources of income)Strategic relationshipsSWOT Analysis
Song: Natasha Bedingfield ‘If You’re Gonna…’	Kaiser Chiefs ‘Oh My God’Movie: 	‘Wall Street’ (1987) – Business ethics

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Action-Oriented

  • 4. Strength. Is measured in ‘pounds’.Speed. Is measured in ‘seconds’.Courage?You can not measure Courage.
  • 5. Derek Redmond1992 Olympic Games in BarcelonaInternational Olympic Committee‘Celebrate Humanity’
  • 7. Things for your consideration…NACONADONATO
  • 9. NADO. No Action, Dream OnlyVisionArt
  • 10. NATO. No Action, Talk OnlyBangunkolamrenangdan spa adalahisunegara yang sangatpenting, pak! Melebihikebodohandankemiskinan!
  • 11. NACO for your final paper/thesis…
  • 12. 8 HABITSof highly effective peopleProactive. Originated from the tip of your mindend of mind. First thing first and distinguish between essential and urgently.Win-win thinking. Understood to be comprehended.Synergy. Sharpening Resilience, Flexibility and Strength. Discovering Uniqueness and Helping Others
  • 13. The Environment for Entrepreneurship Symbol of business tenacity and achievement The pioneers of today’s business successes
  • 14. StatisticalNumbers that emphasize the importance of entrepreneurs to the economy.AcademicTrends in entrepreneurial research and education.Two Perspectives on Entrepreneurship
  • 15. Provides an annual assessment of the entrepreneurial environment of 40 countries.Latest GEM study: the U.S. outranks the rest of the world in important entrepreneurial support.The Global Entrepreneurship MonitorEffects of Entrepreneurship
  • 16. “Entrepreneurs are leading the growth”Entering and expanding existing markets.Creating entirely new markets by offering innovative products.Increasing diversity and fostering minority participation in the economy.
  • 18. Set of principles that describe the behavior of the code determines what is good and bad and right or wrong
  • 19. Basic rules or parameters to perform any activity in a way that "acceptable"
  • 20. Reasons for Ethical ConflictsMany interests are dealing with businesses both inside and outside the organizationChanges in the values, customs, and norms of society
  • 21. Reason for unethical actionsGreedyDifferences in work activities by home Lack of basic ethicalSurvivalDependence with other parties
  • 22. Is there really an instant right way to become rich?
  • 23. Doing Business EthicallyBehave honestly in performing business activities. It covers all aspects of doing businessAdhere to the values‘Walk the Talk’ - significantly consistent between what is done with what was said
  • 25. Structure of Business PlanMissionBusiness modelStrategyRelationship strategySWOT Analysis
  • 26. Business Plan Document a.k.a Financial DocumentWhy?As quantitative interpretation on what has been stated in the text part of your plan.The financial statements means to look realistically related business with profitability.The financial statements should be checked periodically, measure actual performance against projections, and revise projections accordingly.
  • 27. Types of Financial Documents:Report sources and uses of fundsConsolidated pro formaReport the actual performanceAnalysis of financial statementsSummary Fund RequirementsWorking capitalCapital growth Equity growthUse of Funds Report"How can the utilization of loan funds (provide supporting data)"
  • 28. Supporting DocumentsResumeThe financial statements of ownersReport credibility (business and personal)Copies of rental agreementsReference letters (business and personal)Business ContractsLegal documents (certification IPR, etc.)Other DocumentsOrganization plan:Business SummaryMissionBusiness modelStrategies (activities, sources of income)Strategic relationshipsSWOT Analysis
  • 29. Song: Natasha Bedingfield ‘If You’re Gonna…’ Kaiser Chiefs ‘Oh My God’Movie: ‘Wall Street’ (1987) – Business ethics