Successful entrepreneurs follow a multi-step process that is based on four main elements to achieve their entrepreneurial goals. A clear understanding of the entrepreneurial process is an important step in understanding the functions of a business administrator or assessing if entrepreneurship is the right fit for you.
Write a 1,050- to 1,250-word paper on the entrepreneurial process. Include the following:
Describe the four steps of the entrepreneurial process.
Rank the importance of each element in the entrepreneurial process, and explain why you have placed the elements in that order.
Describe which elements are most important from an individual perspective.
Describe which elements are most important from a corporate perspective.
Discuss how the entrepreneurship process has influenced the delivery of health care services and products.
Cite 3 peer-reviewed, scholarly, or similar references to support your paper.
Format your assignment according to APA guidelines.
The four steps that should be used for this is as follows:
1. Deciding to become an entrepreneur
2. Developing successful business ideas
3. Moving from an idea to an entrepreneurial firm
4. Managing and growing the entrepreneurial firm
