{"id":33586,"date":"2020-03-04T18:28:14","date_gmt":"2020-03-04T23:28:14","guid":{"rendered":"https:\/\/www.myedme.com\/login\/?p=33586"},"modified":"2020-03-04T18:28:19","modified_gmt":"2020-03-04T23:28:19","slug":"intro-to-entrepreneurship","status":"publish","type":"post","link":"https:\/\/myedme.com\/login\/intro-to-entrepreneurship\/","title":{"rendered":"Intro to Entrepreneurship"},"content":{"rendered":"\n

Phil Libin, cofounder and former CEO of Evernote,\n once said there are \u201clots of bad reasons to start a company. But \nthere\u2019s only one good, legitimate reason . . . it\u2019s to change the \nworld.\u201d1<\/a><\/sup>\n Evernote is an example of an entrepreneurial startup. Its goal is to \nmake our lives more organized and increase our personal memory abilities\n by storing necessary and desired information on the Evernote app. \nEvernote is designed to capture information through note taking \n(including pictures, web pages, drawings, and even audio), track and \norganize this material, and then save and archive the information. \nEvernote Corporation describes itself as \u201cnot only an organization, \nrather it is a family of professionals who are creative, innovative and \nexperienced in their respective fields.\u201d2<\/a><\/sup><\/p>\n\n\n\n

Around the globe, individuals, communities, and \norganizations advocate for and support the entrepreneurship movement. \nMany colleges and universities offer courses, degrees, and competitions \nfor entrepreneurship teams. Communities provide support through services\n such as incubators that foster planning and startup activities. \nOrganizations like UNESCO\u2019s Global Action Programme on Education for Sustainable Development holds a Youth Entrepreneurship Competition annually.3<\/a><\/sup> That is where student Chloe Huang, in 2017, submitted her idea for an algae energy pavilion\n to the Education for Sustainable Development competition. Huang \nrecognized the problem of lakes suffering from oversaturation of algae \nand saw a solution in converting the algae into a biofuel, creating \ngreen energy while alleviating an environmental problem.4<\/a><\/sup><\/p>\n\n\n\n

In the examples of both Libin and Huang, the \nentrepreneurial products focus on the use of technology and improving \nlife, but they also represent two vastly different approaches to \nentrepreneurship. Libin\u2019s focus was on improving quality of life by \nallowing users to track and organize information in their business and \npersonal lives, whereas Huang focused on a global environmental issue to\n sustainably improve water quality. Each idea solves a problem that many\n people might not even have noticed. Becoming aware of problems that \nneed to be solved, then solving the problem to make our lives easier or \nbetter, is part of the entrepreneurial perspective.<\/p>\n\n\n\n

Footnotes<\/h3>\n\n\n\n