ENTREPRENEURSHIP PROCESS

1. Trigger Factors Entrepreneurship
David C. McClelland, argued that entrepreneurship (entrepreneurship) is determined
by:
• Motif achievement (achievement),
• optimism (optimism),
• Attitudes value (value Attitudes),
• The status of entrepreneurship (entreprenuerial status).
Ibnoe Soedjono and Roopke, stating that the entrepreneurial process or act of entrepreneurship (entrepreneurial action) is a function of:
• Property Right (PR),
• Competency / abilities (C),
• Incentive (I), and
• External Environment (E).
Ability to entrepreneurship (entrepreneurial) is a function of entrepreneurial behavior in combining creativity, innovation, hard work and courage to face risks to get opportunities.
2. Entrepreneurship Process Model
Entrepreneurship starts with the innovation, supported by a trigger event, implemented, and eventually grow and develop.
3. The characteristics of Stage Beginnings and Growth Entrepreneurship
In general, the growth of entrepreneurship in small business has three important characteristics, namely:
• Phase imitation and duplication,
• Phase duplication and development,
• Phase create their own goods and services differently.
Viewed from the process, Zimerer, divides into two stages in the development of entrepreneurship,
namely:
• Early stage (planting),
• Stage of growth.
Early stage (Start-Up)
A. Objectives and Planning
Sustainability objectives and principal plan (creating ideas to the market).

B. The nature or characteristics of Key Personal:
Focusing on the future.

Taking the risk of moderate to high levels of tolerance to changes and failures.
Technical knowledge and experience of innovation in its field.

C. The structure is simple and broad patterns
extensive network of communication
horizontally.
Decision-making authority held by the entrepreneur.
Informal and personal control system.

Growth Stage

Growing up is simple, efficient, profit orientation, and
plans, and plans to direct
achieve them.

Just like the early stages.
Capacity to forge during rapid growth, the purity of the organization and the ability to count.
Managerial knowledge and experience with
use other people and resources
there.
A functional or vertical structure, however informal communication channels are often used.
Delegating decision making authority to second-level manager
Quasi-formal (ie not too complex or cooperate) in operation.
4. Steps to Entrepreneurial Success
• Have an idea or a clear business vision.
• The willingness and courage to face the risk of both time and money.
• Create a business plan, organize, and run it.
• Develop relationships, whether with business partners and with all parties
associated with corporate interests.

5. Causes Entrepreneurial Success and Failure
The cause of entrepreneurial failure in the operations:
• Not competent in managerial
• Less experienced, be it technical ability, visualize business,
coordinate, manage resources
• Lack of financial control
• Failed in the planning
• Location inadequate
• Lack of surveillance equipment
• The attitude of the less earnest in trying to
• Inability to perform intermediate / transition entrepreneurship
The potential of making a person retreat from entrepreneurship:
• Revenue uncertain
• Losses arising from loss of investment capital
• Need to work hard and long time
• Quality of life remains low despite steady efforts

6. Advantages and disadvantages of entrepreneurship
Advantages entrepreneurship:
• Autonomy
• initial challenge and sense of achievement motive
• Financial Control
Losses entrepreneurship:
• Personal Sacrifice
• Cost responsibility
• The small margin of profit and the possibility of failure