Entrepreneurship & Business Management

AIRDT - Admin
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Caroline Musyoka
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Stelah Kendi
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Henry Kyalo
Derrick Oloo
Last Update October 5, 2023
5.0 /5
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11 already enrolled

About This Course

Entrepreneurship is the process of using creative or innovative ways to create a new business or expanding an existing business in new ways that better serve the needs of customers.

Entrepreneurship is often a difficult undertaking, as a vast majority of new businesses fail within the first year of operation. Entrepreneurial activities are substantially different depending on the type of enterprise that is being started. Entrepreneurship ranges in scale from sole proprietorship to major undertakings creating many job opportunities.

Entrepreneurship is about taking risk. The behavior of the entrepreneur reflects a kind of person willing to put his or her career and financial security on the line and take calculated risks in the name of an idea. An entrepreneur sees an opportunity, figures out way to acquire the needed resources, and acts to turn the opportunity into a business venture.

 

Learning Objectives

Understand what Entrepreneurship is and the characteristics of successful Entrepreneurs.
Gain an understanding of the Entrepreneurial decision process
Identify business ideas that can be implemented to create successful Enterprises
Recruit, hire and train employees in their business
Demonstrate marketing, management skills required to operate a small business.
Implement legal and Government requirements specific to small businesses
Successfully grow and expand their enterprise
Acquire livelihood competencies
Develop a viable business plan

Curriculum

25 Lessons60h

Topic 1: Introduction to Entrepreneurship

Outcome: Understand what entrepreneurship is and the characteristics of successful entrepreneurs
Lesson 1: Definition of Entrepreneurs, Business person and Entrepreneurship 00:00
Lesson 2: Characteristics and Traits of a Successful Entrepreneur00:00
Lesson 3: Types of Entrepreneurs00:00
Lesson 4: Management Success Factors00:00

Topic 2: Identifying business opportunities and idea generation Outcomes

1. Know one’s personal abilities and how they can be exploited in entrepreneurship 2. Set personal goals that are motivational and achievable within a realistic time period. 3. Stimulate creativity to enable them generate new business ideas. iv. Establish knowledge, skills, talents that they do have in order to use them in identifying entrepreneurial opportunities. Learn how to screen and evaluate business ideas which then become an opportunity.

Topic 3: The Entrepreneurial Decision Making Process

Expected learning outcome By the end of the session the Learners will: • Have an understanding of the entrepreneurial decision process • Be able to apply it in setting up new ventures.

Topic 4: Success factors for Small Businesses

Expected learning outcomes By the end of the session the Learners will be able to: • Identify crucial success factors for businesses • Understand some of the reasons for business failure and how to avoid the pitfalls and run successful businesses.

Topic 5: Effective Marketing For MSMEs

At the end of the session the Learners will be able to: • Understand the importance of marketing in enterprise development • Apply the marketing mix in their business in order to achieve optimal profitability

Topic 6: Customer Relationship

Dealing with customer requires a combination of practices and strategies that you would use to manage and improve customer interactions.

Topic 7: Legal Issues for the Entrepreneurs

Expected learning outcomes At the end of the session the Learners will be able to: 1. Know and understand the different legal requirements their businesses are expected to conform to 2. Understand the purpose of intellectual property rights i.e. copyrights, patents and trade marks 3. Understand the issues relating to the legal structures of the business

Topic 8: Book keeping and Financial Management

Financial management is a critical aspect of running a small business. It involves making informed decisions about how to effectively use and manage the financial resources of the company.

Topic 9: Business Plan

A business plan is a document that defines in detail a company's objectives and how it plans to achieve its goals. A business plan lays out a written road map for the firm from marketing, financial, and operational standpoints. Both startups and established companies use business plans.

Your Instructors

AIRDT - Admin

4.97/5
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131 Students
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Caroline Musyoka

Instructor

5.0/5
5 Courses
14 Reviews
0 Students

Dedicated, resourceful and goal driven professional educator with solid experience and a strong track record devoted to guiding students towards achieving their academic objectives.

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Stelah Kendi

Instructor

5.0/5
5 Courses
14 Reviews
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Henry Kyalo

Instructor

5.0/5
5 Courses
14 Reviews
0 Students

 A dedicated adaptable listener with an attachment to real world learning

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Derrick Oloo

4.96/5
13 Courses
26 Reviews
11 Students
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😌 fairly well and good learning platform

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KSh 16,000.00

Level
Intermediate
Duration 60 hours
Lectures
25 lectures
Language
English
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