Wednesday, January 30, 2019

Summary of The Technology Entrepreneur's Guidebook

          

       Summary of The Technology Entrepreneur's Guidebook

    In the introduction of the book, the author reveals the five struggles of entrepreneurs in the business world so, the readers who plan to start on this path, know what they are getting into. To construct your business's idea for long-term value, the entrepreneurs need the specific set of objectives and several qualities. One of the most critical skills for the entrepreneur is being able to write a convincing business plan to the investors. Each part is separated with different purposes to meet investor's criteria and, the author noticeably reminds us to make it short while keep the sufficient amount of information. The investors tend to skim the business plan until they found the part that is interested. Off to the first part, you have your chance at the executive summary which reveals to the investor the major part of the business plan. This tends to be kept in one page and, the investors would still be able to pull out all the necessary information. If they move to the part which means you are successfully making them interested in the business plan. The next part is about the company's purpose and product description. Most importantly, it is highlighting the information and offers which will satisfy the investors. How can the product be dominant in the market or how it stands out with other competitors? It's the kind of question that the investors are looking to be answered. Technology entrepreneurs are more than having a good idea, you also need many different qualities and skills to make it to reality. 

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