Audio Cafe: Culture Care and C-BAM (Tue 8Aug 2023)
Executive summary. C-BAM entrepreneurship involves finding opportunities, taking risks, creating wealth, and making a positive impact on society. It requires identifying untapped markets, venturing into unknown territory, using time wisely, and creating solutions to problems that can help people and make the world a better place.
C-BAM entrepreneurship is about finding new opportunities to create wealth and make a positive impact on society.
Here are the four key components:
Finding opportunities
Entrepreneurship is all about finding new ways to create value and make a profit. This involves identifying untapped markets and coming up with innovative solutions to problems.
Taking risks
Entrepreneurship involves taking risks and venturing into unknown territory. It's like jumping off a cliff and building a plane on the way down. It's never easy, but the rewards can be great.
Creating wealth
Creating wealth is important because we all have limited time. We need to use our time wisely and focus on creating things that will help us live a fulfilling life. This means weighing the opportunity cost of starting something new with a large potential payoff versus doing something known for a smaller payoff.
Building on Strengths
Building on strengths is important because we all have limited time. To make the most of our time, we need to optimise it to create wealth that will help us live a fulfilling life. To do this, we need a plan to manage our time better and focus on creating wealth that will support us in the future.
Making a positive impact
Finally, entrepreneurship should be about making a positive impact on society. This means identifying problems and coming up with solutions that can help people. By doing this, we can create new opportunities and make the world a better place.
