Choose a new-new or new-old product or service
Assignment Details
The most effective way for the entrepreneur to approach a new small business venture is to create a unique product or service—one that is not being offered today but would be in great demand. This approach is often referred to as new-new. The next best way to start a new small business is to adapt a successful existing concept or extend the offering into an area where it is not presently available. This approach is known as new-old.
For this discussion, choose a new-new or new-old product or service that you are personally interested in. Describe what that product or service would be and how you would go about starting a new venture around that product or service.
Discussion Board Reminders:
Connect to content: At least 1 post must refer to course learning materials. See the Academic Resource on Discussion Boards for help with connecting to the content.
Engaging in class discussions: For more information on making the most of your class dialog, review the Academic Resource on Discussion Boards.
Answer preview to choose a new-new or new-old product or service
APA
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