Topic 2 Eight Components of the Entrepreneurship Method

The Eight Components of the Entrepreneurship Method are:

1.Identify your desired impact on the world

2.Start with the means at hand

3.Describe the idea today

4.Calculate affordable losses

5.Take small action

6.Network and enroll others in your journey

7.Build on what you learn

8.Reflect and be honest to yourself

Illustration taken from: Entrepreneurship : the practice and mindset, by Heidi M. Neck, Christopher P. Neck and Emma L. Murray; Sage Publishing, 2020