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Process in entrepreneurship to keep company successful

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Reference no: EM133225918

Siti, Aminah, and Nadia were childhood friends who had always talked about starting a business together after college graduation. Siti had the financial background and startup capital to contribute and Aminah and Nadia had the technical knowledge they believed would give them the competitive advantage needed to become and industry leader.

During their early college, Nadia and Aminah developed a new and innovative way to manufacture computer components. When they shared their idea with Siti, she was able to draw up a detailed business plan to present to potential investors when the three were ready to launch their venture. They had been very careful not to disclose anything about their innovative idea to other colleagues or any of their friends and were anxious to get started.

Explain the FIVE steps on how Siti, Nadia and Aminah goes through the process in entrepreneurship to keep their company successful.

Reference no: EM133225918

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