5. Getting started! Making the first step in practice
This module aims to provide with the knowledge to put into practice the first steps in the entrepreneurial process. The module will focus on how to apply the previous knowledge acquired and how to deal with risk and uncertainty. We will also include the scope of the learning based on the experience, providing some examples about how to use the experience in the first phase to improve the process of entrepreneurship.
Explain how to implement practical steps to create business;
Introduce some methodologies to evaluate the first steps of your business;
Explain how to deal with the unexpected situations (both negative and positives);
Explain how manage the risks and convert them into strengths;
Identify the lessons learnt and how to implement in the day to day.
After completion of this module, the learner (you) will know:
the first steps before starting your business;
manage the first days of the business;
communicate to and with your community;
evaluate the first days of your business and use the information to improve it;
identify the risk and assess them;
mitigate the risk and convert them into an asset for the business;
assess your experience to improve the business.
Structure of the module
The content of the module is structure in two units:
Unit 1. First steps of your business
Unit 2. Evaluating risks and feedback
Duration of the module: 3 hours (see “Lesson plan” for more details)
Module 5 - Unit 1. First steps of your business
1.1. What to do before starting a business – previous steps
1.2. Tips for the first days of your business
1.3. Communicate your business in the community
1.4. What not to do when setting objectives for a social business plan
Case study 1. Send A Cow and their use of social media
Module 5 - Unit 2. Evaluating risk and feedback
2.1. What is a risk? Concepts and types.
2.2. Methodologies to assess the risks
2.3 Mitigate the risks and fight against uncertainty
2.4. Tips to learn from the experiences (good and bad)
Case study 2. 65 degrés and their risk taking
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