Jo Perkins
BUS 604: New Business Venture Management
Effective Viewing for an Effective Outcome
Professor Dr. Jorge Cardenas
July 23, 2012
Introduction
Elderly people are so comfortable in their own skin because they have lived their lives and some have a continuance, which indicate that this is a true blessing and most of them still have their right frame of mind in order to assist in their living conditions along with their personal retirement plans. The elderly sometimes need that extra assistance from families that sometimes may require time that the families are unable to adjust due to their personal lives. There are personal care homes and nursing homes available that can and will take up the slack, but some of the families along with the individual themselves do not want this type of environment or personal living for them.
Original Business Idea/ Description of Service The business idea that I present is to be considered long-term with the intention to meet state and government requirements initializing in the care of elderly individuals with the basic needs accordingly. The agency would consist of operation for families that cannot assist their elderly parents or families with the proper care and that adheres to taking the slack for them.
Value Proposition As an entrepreneur, the core operating team management is valued and motivated members along with overall management that are able to adjust to the individual based criteria for care per client/family request. This is an opportunity to change a personal passion into a perspective industry that includes all concerned parties. I, myself have to represent this business idea according to my values and comprehensive thinking. When entrepreneurs seize the opportunities to embark on a new venture it should be a product or service that is worth something to their customers, something that is useful that can enhance their lives and provide something to them that they
References: Barringer, B. R., & Ireland, D. R. (2010). Entrepreneurship: Successfully launching new ventures. (3rd ed.). Upper Saddle River, NJ: Pearson Education. Jones, G. R., & George, J. M. (2007). Essentials of Contemporary Management. (2nd ed.). The McGraw-Hill Companies, Inc. Sarah Brown, Michael Dietrich, Ortiz Nunez, Karl Taylor. Applied Economics. London: 2013. Vol. 45, Iss. 13, pg. 1731. http://timkastelle.org/blog/2012/01/eight-models-of-business-models-why-theyre-important/