For this assignment, you need to come up with a business idea that you will base your new venture experience on for the remainder of the semester. Remember what you have learned about business opportunities, and what it might take to make the opportunity succeed as a business. I suggest going back to your effectuation assignment to identify possible opportunities. Think about how your business idea aligns with your current means, network, and accessible entrepreneurial resources. Think about your ability to manage your ideas as a business venture. You should choose a concept that excites you. Choose your best idea and begin to imagine how you would exploit your potential opportunity.

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