Page 11 - Phase 1 - Understanding your organisations' entrepreneurial opportunities

Understanding Your School – Internal Analysis

engaged with the idea. The edupreneur should bring teachers or parties aboard through
should bring teachers or parties aboard through its realness and/or tangibility. It helps
to convince people about the distinctiveness of a concept or ideology.

Design is another core edupreneurial skill. The edupreneur needs to be able to recognise

and create feasible patterns that deliver the winning proposition by making use of
existing affordable elements. The edupreneur needs to integrate the right elements into the
model and make sure the designed pattern is cost-effective and problem-free.
Example tactics include using technology wisely, building on what’s currently available,
and adapting existing successful patterns or frameworks.

Services

The success of a team depends to a large extent on having a distinctive, unique, compelling,
and sometimes niche proposition. The plan or idea needs to stand out from the competitive
environment and be compelling to all stakeholders. It will succeed the most if it either
eliminates an existing problem or adds significant tangible benefits.

The edupreneur must have sufficient product knowledge to identify needs and trends
of the market. The product knowledge typically comes from observation for business

opportunities from day to day work life.

Product Knowledge

The edupreneur needs to have adequate product knowledge to identify the needs and trends
of the parents and students. It enables an edupreneur to recognise opportunities, implement
bold initiatives and reduce the chance of failure.

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