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  Vadim Kotelnikov Innompic Games

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Venturepreneurial team members have a shared vision and
shared passion for creation of innovative customer value.

 

 

Venturepreneurial Team: Specific Challenges

  

 

Specific Features of a Venturepreneurial Team (VT)

Ventrepreneurial team is focused on proactive innovation and creative search for entrepreneurial opportunities with the target of bringing radically new future technologies, products and services into existence.

The shared commitment of an venturepreneurial team is established when two or more persons formally establish a new venture in which they share ownership.

Specific Venturepreneurial Challenges

How to estimate the market demand for an innovative product or service

How to develop venture management ability effectively and quickly enough

How to select and use most appropriate outside professional advisors

How to market a radically innovative product or services effectively

How to reduce dependence on a single individual or on a predicted specific event

How to understand capital requirements of a growing business and raise venture capital

How To Deal With Venturepreneurial Challenges

Think big, but start small. Don't worry about too many things at once. Take a handful of simple things to begin with, and then progress to more complex ones. Think about not just tomorrow, but the future. Every step forward is experimental. Do a SWOT analysis, develop a strategy, make a step forward, ask learning SWOT questions, learn from feedback, adapt your strategies, and make the next step.  >>>