Question

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Question 2: A key aspect of entrepreneurship is opportunity identification. In order or build a habit of

seeing possible products and businesses you will identify and submit 2 ideas. You should write about the

need/opportunity that you noticed and the importance of the idea. Does it save time, money, etc.? Will

it promote efficiency, add value, or just be a new outlet for fun? Consider your location, situation, and

what is happing in the world currently and use these for inspiration. You can include sketches or

drawings as well. In your journal write-up include at least the following information (but you can include

more as well):

The idea

What promoted the idea

Who would be an ideal customer

What is the value of the idea

Fig: 1