The Steps of the Process

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  • Steps of the Entrepreneurial Process
  • The steps of the Entrepreneurial Process   are Discovery, Concept ,Development, Resourcing,Actualization,Harvesting
  • Discovery
  • Discovery is the stage in which the entrepreneur generates ideas.
  • Concept Development
  • Concept Development is when you need to develop a business plan
  • Resourcing
  •  The stage in which the entrepreneur identifies and acquires the financial human and capital
  • Actualization
  • The stage in which the entrepreneur operates the business and utilizes resources to achieve its goals/objectives.
  • Harvesting
  • The stage in which the entrepreneur decides on venture’s future growth.
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