The Art of Creative Destruction and Unicorns.
Entrepreneurship is the process of designing, launching and running a new business venture. Though often associated with small businesses, entrepreneurship can occur within larger organisations (and arguably within not-for-profit organisations), albeit such individuals are known as intrapreneurs (and in the case of not-for-profit organisations, innerpreneurs). Founders are the individuals that have to undertake some or all of the risk required for the new venture to generate economic value (albeit alternative names such as philanthropists/hobbyists may be used in alternate circumstances).
Start-ups represent entrepreneurial ventures, typically conceived of as fast-growing and new (albeit not necessarily innovative or valuable). These businesses usually aspire for a liquidity event (not to be confused with liquidation/discontinuance of service) — conversion of ownership by early investors into cash (e.g., through an IPO or sale of the business). I will be exploring how businesses can develop and scale business models, accommodating risk through an effective business plan. Further more I will be exploring sources of capital (e.g., private equity, such as angel investors and venture capital; debt options, such as loans from banks; grants options) and predators of success (e.g., access to an incubator/accelerator).














