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Entrepreneurship
Nine Models
1. Product / Market Gap2. Vision Strategy Execution3. Concept of Fit4. 3 Questions5. Risk Reduction6. Crossing the Chasm7. Customer Development Process8. Start-Up Race9. Effectuation
Summary of Easley’s Nine Model Presentation
Product / Market Gap
Vision / Strategy Execution
Concept 3 – Concept of Fit
# 4 – “Three Questions”
Risk Reduction
#6 – “Crossing the Chasm
Customer Development Process
#8 – “Start-up Race
#9 - Effectuation
Each Start-up model has it’s own advantages
The right one will depend on the situation, the competitive position, the industry position, Risk, and other factors related to the enterprise itself
Summary
Professor Easley’s Notes and video Authors quoted in Easley’s Video
References:
