1. BDI3C1

2. Ideas & Opportunities  Idea:a plan or suggestion about something – in this course, it usually involves a product or service  Opportunity:a need or a want that will be satisfied by your idea

3. Ideas & Opportunities - Example Idea:  eg. I suggest that my product will clean dust faster than any other product.

4. Opportunity:  people have a need to keep their homes clean and want to do it quickly – the Swiffer will satisfy that need Ideas & Opportunities - Example

5. Ideas?  Think of a problem that needs to be solved in the following places. Record on your sheet.  Movie theatre  Mall  Tim Horton’s  Nelson High School

6. Opportunities?  For each of those places, think of entrepreneurial opportunities to solve those problems you listed. Record on your sheet.  Movie theatre  Mall  Tim Horton’s  Nelson High School

7. Trends What is a trend?  Long term change that is occurring in society  eg. People are living longer.  Only trends provide an opportunity for a business to be successful over a long period of time.

8. Trends That Give Rise to Opportunity  Canada’s population is increasing  Multicultural society  Aging population  People are increasingly health conscious  New types of family units are being formed

9. Trends That Give Rise to Opportunity  Increased need for lifelong learning  Leisure activities are taking on more importance  Improvements in satellite technology  Computers using voice instruction instead of a keyboard

10. Trends That Give Rise to Opportunity  Cars started by fingerprints instead of keys  More home computers than ever  More women are assuming positions of power in organizations  Rise of social media