Entrepreneurship is a type of organization that is the key to the development of every country, and so the broad support that they always receive in almost every society in the world. In this chapter, we refer to some tips that can help you improve your undertaking.
1.
Culture: The attention of
social entrepreneurs should point to all senses, to understanding the problems
and their solution, as well as the culture and the people who are going to
provide service through entrepreneurship.
2.
The correctly capital: You
have to be clear about the type of capital which your undertaking is going to
start. The entrepreneur have to
establish with certainty his investment requirements to know precisely how much
money it needs, what type of investment he is looking for, how the funds will
be used and what the return is.
3.
Establish the impact of your project: Investors want to know what the impact that projects
have is, before they put their capital into them. To do this, it is necessary
to understand the problem in order to make a clear statement to investors in
which they demonstrate how irresistible their project is.
4.
A business model: It
is essential to have a business model that shows a value proposition that is
credible and with possibilities to expand its impact in other places.
5.
Specify the return on investment: Investors want to know if the business model is possible, able to make the
products and / or services that promised to the public in a efficiently and
effectively way. Plus, they want to know how the return on their investment
will be.
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