Toolkit—Tools to Assist in Making the Move into Entrepreneurship

Thea van der Westhuizen ()
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Thea van der Westhuizen: University of KwaZulu-Natal

Chapter Chapter 6 in Practical Tools for Youth Entrepreneurs, 2024, pp 153-159 from Springer

Abstract: Abstract Continuing with the co-sensing idea of ‘connecting with people and ideas to learn more about how things work’, entrepreneursEntrepreneur(s) need to act quickly and continuously. But first, as entrepreneurs, we need to know what we are going to do, what to start with, and what to do next. We need to plan our priorities. Although a lengthy business plan does not guarantee that the business will succeed, it is important to have a clear outline of its vision and action steps. This is where it helps to create a business model canvas. This chapter describes aspects relating to the SHAPE Four-Quadrant Business Model Canvas (BMC)SHAPE Four-Quadrant Business Model Canvas and shows how we can put our ideas into entrepreneurial actionEntrepreneurial action (EA).

Date: 2024
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DOI: 10.1007/978-3-031-44362-6_6

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