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Benefits of Startups: 1. Brainstorming

The document outlines several benefits of starting a startup business, including independence and flexibility, financial rewards, a sense of pride in owning your own business, choosing your own team, flexible hours, and controlling your own destiny. It also notes that starting a business allows one to challenge themselves, be creative, and become an expert in a broad range of skills. The document then provides steps for narrowing down a topic for a startup business, including considering who, what, where, why, and how questions, as well as potential problems, motives, effects on groups, and groups that could be affected or benefited.

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Ghada Alnawas
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0% found this document useful (0 votes)
28 views

Benefits of Startups: 1. Brainstorming

The document outlines several benefits of starting a startup business, including independence and flexibility, financial rewards, a sense of pride in owning your own business, choosing your own team, flexible hours, and controlling your own destiny. It also notes that starting a business allows one to challenge themselves, be creative, and become an expert in a broad range of skills. The document then provides steps for narrowing down a topic for a startup business, including considering who, what, where, why, and how questions, as well as potential problems, motives, effects on groups, and groups that could be affected or benefited.

Uploaded by

Ghada Alnawas
Copyright
© © All Rights Reserved
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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Benefits of startups

1. Brainstorming

 Independence and flexibility

 Financial rewards

 A sense of pride

 Choosing your own team

 Flexible hours

  Control Your Own Destiny

 Challenge Yourself

 You can be creative.

 Become an expert at a broad range of skills.

2. Listing

1. Independence and flexibility

 A sense of pride.

 Flexible hours.

 Choosing your own team.

1
2. You can be creative

 Challenge yourself.

 Become an expert at abroad range of skills.

3. Financial rewards

 Control you destiny.

3. Narrowing down a topic

1. First start out with a general topic .take the topic and break it down into

categories by asking the five W’s and H.

1. Who? ( Startup entrepreneur )

2. What? ( New private business)

3. Where? ( Egyptian market )

4. Why? ( To achieve their passion and independence )

5. How? ( Take the accurate procedures for making their private business )

2. Now consider the following questions areas to generate specific ideas to

narrow down the topic.

1. Problem faced? (Fear to open the own business )

2. Problems overcome? (Effects of passions to open the own business )

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3. Motives (Financial rewards )

4. Effects on a group? ( Hiring new people )

5. Group affected ?(from entrepreneur , employees , suppliers and buyers )

6. Group benefited. ( revenues , wages , cost , service or product )

3. Finally, refine your ideas by considering the S.O.C.R.A.P.R. model.

1. S= (similar issues to overcome between the holding companies and startup

companies )

2. O= opposites (Entrepreneur pro and con opinions about establishing startup

company )

3. C=contrasts (different opinions about cost Vs. benefits of startup business)

4. R= relationships (the relationship between entrepreneur ,employees ,

supplier& customers )

5. A= Anthropomorphisms (interpreting company to corporation )

6. P=Personifications (Sales are growing )

7. R=Repetition (more startup companies).

4. Clustering/mind mapping

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independence &
Flexability
sense Financial
of pride rewards

Own
business
exper
t
be
creative
control
challenge
your your self
destiny

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