Many of the disciplines addressing entrepreneurship at ODU are in the school of business. They also focus on the future after students graduate from ODU and how they can stay connected to be more successful. It is both in a sense. There is no one algorithm for success in entrepreneurship, but there are certain steps…
Week 4 Journal
Entrepreneurs get in trouble with the law when they are not meticulous enough in their implementation of their business plan, and nonchalance might lead them to not following certain regulations their business might have to follow. This can cause financial troubles as well as jail time depending on the severity and type of infringement. By…
Week 3 Journal
Ethics matter because how ethical your business venture is might change who wants to partake in your product. For example, some people are outspoken against farming in today’s society because they believe it is harmful to the animals and exploitative; if you wish to go into business in the farming industry, this will be one…
Week 2 Journal
Design thinking is trying to think outside of the box and make something new or create another option that has not been done before. It is also important to note that design thinking focuses on how the option can help the user. Design thinkers test out their ideas and reformat them as necessary early on…
Week 1 Journal
An entrepreneur is somebody who takes an idea and moves it forward into innovation to create something like a business. Entrepreneurs also need to have vision and some motivation in order to get their idea for a business off the ground. They have to be able to fail and continue trying to make something work,…