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So…You want to be an Entrepreneur

So…You want to be an Entrepreneur. Agenda. Introductions Startup climate Evaluate your idea Identify additional resources. 2. 2. 2. Food for thought. …nearly HALF of the 2008 Inc 500 , and more than HALF of the 2008 Fortune 500 were born during recessions or bear markets….

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So…You want to be an Entrepreneur

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  1. So…You want to be an Entrepreneur

  2. Agenda • Introductions • Startup climate • Evaluate your idea • Identify additional resources 2 2 2

  3. Food for thought.. …nearly HALF of the 2008 Inc 500, and more than HALF of the 2008 Fortune 500were born during recessions or bear markets… Source: Inc magazine, June 2009

  4. Identify Business Ideas • Looking Inward • Networking • Looking Outward

  5. Do I have a good idea? • Market Research • Industry • Customer • Competition • What information to collect • Business Idea Evaluation

  6. Do you have the ‘Right Stuff’? • Assess Entrepreneurial Characteristics

  7. US Small Business Administration (SBA) State of Michigan: MEDC/DLEG Resources EDCs, Municipalities Private Sector Service Providers: Banks, Attorneys, Accountants, Consultants The Small Business Owner and Team The Small Business CEO and Team Universities/Colleges: (Tech Transfer, MMTC, Engineering, Entrepreneur Centers, etc.) Export Assistance Centers & District Export Councils Smart Zones Accelerators Incubators Procurement & Technical Assistance Centers (PTAC) Angel/Venture/Inventor Forums Legislators, Advocates Chambers of Commerce, DDAs Trade Assns, Membership Organizations MSU Extension & Product Center

  8. Supported locally by Phone: 989.386.6630 www.misbtdc.org The Michigan SBTDCTM The MI-SBTDC™ is funded through a cooperative agreement with the U.S. Small Business Administration, the Michigan Economic Development CorporationSM (MEDC) and matching funds from Local Network partners in each region.

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