LO 3.

Create new business

ideas in computer systems
servicing by using various
techniques
TLE_EM7-12-003

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 Learning Outcome Expected:

 3.1 Explore ways of generating business ideas

from ones’ own characteristics/attributes
 3.2 Generate business ideas using product
innovation from irritants, trends, and
emerging needs
 3.3 Generate business ideas using Serendipity
Walk
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 Reflecting One’s PEC’s to Business

 What are your strong PEC’s?

 Which of that strong PEC’s is mostly helpful in

business?

 Which strong PEC’s you have is good in

Computer System Servicing business?

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 Business Ideas
 Starting a business is one of the best decisions
that you can take, but on the other hand, if you
don’t start the right business for you, then you
are likely going to get frustrated and lose your
investment.
 Consider certain key factors before making your
choice, then you would have succeeded in
choosing the right business.
 Carefully access the business opportunities
around you and then match it with your skills or
in some cases the finance available to you
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 What are key concepts?

 What It Takes To Be An Entrepreneur.

Starting a business isn't for everyone. We
look at entrepreneurial success factors in
detail, with a deep dive on entrepreneur
characteristics, entrepreneurial assessments
and more.

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  Good Businesses to Start.
Some businesses are better than others,
but ultimately it's best to do what you love.
What are your interests, talents, knowledge,
passions or skills which you can apply to that
business venture?

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  Starting Your Business.
Starting a business can be an exciting
venture offering many rewards. However,
you must be prepared and you must
understand the basics.
 Starting Online Businesses.
These days, you don't need an office or a
storefront to start a business. Starting an
online business is often easy to do, and it's
not uncommon for new online
entrepreneurs to get amazing business
results by leveraging the power of the
Internet.
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  Location and Starting a Business.
When starting a business,
location plays an important role.
 Starting Business With Partners.
Business partners can help you
be successful as an entrepreneur
but there are some
disadvantages to having business
partners.

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 Costs To Start a Business.
What does it cost to start a business? We look
at startup costs for new companies in detail and
examine ways to start a business on the cheap.
 Starting a Business With An Invention.
Many entrepreneurs start their ventures with
an invention.

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 What is the Serendipity Walk?

 The meaning of the word, good luck in finding

valuable things unintentionally, refers to the
fairy tale characters who were always making
discoveries through chance. You can thank
serendipity if you find a pencil at an empty
desk just at you walk into an exam and
realize that you forgot yours.

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 What is the Serendipity Walk?

 Serendipity is the act of finding something

valuable or delightful when you are not looking
for it.
 In information technology, serendipity often
plays a part in the recognition of a new
product need or in solving a design problem.

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 Reflection

 From the lesson, what ideas you can

use best, how and why?

 Do you think it is easy to start a

business venture?

 Explain the saying, “Family and

business don’t mixed together”
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 Self-check: True or False
1. Your interest, skills and PEC’s are good guide in choosing the best business
suited to you.
2. Business ventures are for everyone who wants to do it.
3. Serendipity is the act of finding something valuable or delightful when
you are not looking for it.
4. The cost of starting a business doesn’t matter at all.
5. All kind of business are the same and are best for anyone who has money
to invest on it.
6. Many entrepreneurs start their ventures with an invention.
7. Online business never prosper as people wanted a face to face interaction
with owners.
8. When starting a business, location plays an important role.
9. I am not a computer user, nor interested in computers but I can start my
own computer servicing successfully.
10. Before starting a business, it is good to know and read some business
ideas related to the kind of venture you intend to start.
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  References:
http://www.profitableventure.com/business-ideas/

http://www.gaebler.com/Start-Business.htm

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