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Week 1 Overview of Course

by: Noelle Wiggins

Week 1 Overview of Course ENTP 102

Marketplace > Drexel University > Entrepreneurship > ENTP 102 > Week 1 Overview of Course
Noelle Wiggins
GPA 3.8
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About this Document

This is a basic overview of what the course will cover including some really interesting information about the professor and emerging industries!
Life Strategies 2
Zahed Subhan
Class Notes




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This 4 page Class Notes was uploaded by Noelle Wiggins on Friday February 26, 2016. The Class Notes belongs to ENTP 102 at Drexel University taught by Zahed Subhan in Winter 2016. Since its upload, it has received 33 views. For similar materials see Life Strategies 2 in Entrepreneurship at Drexel University.

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Date Created: 02/26/16
Tuesday, January 5, 2016 Class 1 Overview - Entrepreneurship is living a few years of your life like most people won’t so that you can spend the rest of your life like most people can’t. - Interface between Entrepreneurship, marketing, and innovation - Talk a lot about marketing (positioning) - Most start up businesses fail because there’s no market for their product or service. • One of your assignment is related to positioning - Franchising - Protecting inventions - Ethics and social responsibility - The mind of an entrepreneur - How do you decide that you want to do something entrepreneurial? Dr. Z - Teaching for 4 years at the University of NC - Prior to that, he spent 30 years working for big pharmaceutical companies - Worked for small biotech companies, of which he founded 5 - Positions at big pharmaceuticals: • Sales Representative • Brand Manager • Sales Manager • Marketing Director • Head of Sales and Marketing - Smaller Biotech Firms: 1 Tuesday, January 5, 2016 • VP of Business Development (x3) • Chief Business Officer (x2) • Chief Executive Officer (x2) - Currently CEO of Eppin Pharma Inc • Chapel Hill, NC • Developing a contraceptive for men Being an entrepreneur is not easy • • $150,000 into Eppin from Dr. Z and $500,000 from other sources - CEO Aestas Inc • Developing drug to treat Alzheimer’s Pursue opportunity without regard to initial resources Changing sources of wealth - Pre- 19th Century • Agriculture - Land = Wealth - 19th-mid 20th Century • Manufacturing and Industry - Capital = Wealth - 21st Century - Wealth is intellectual capital: - The ability to apply knowledge by members of the group to any problem at hand. - Knowledge - Communication of Knowledge 2 Tuesday, January 5, 2016 Fast Growth Industries - Fast Growth Industries 1900 • Machine Tools • Firearms • Clocks • Sewing Machines • Hardware • Agricultural Implements • Bicycle • Steel • Electrification - Fast Growth Industries 2000 Microelectronics • • Biotechnology • New Materials • Telecommunications • Infrastructure Software • Robotics • Computers (Hardware and Software) - Fast Growth Industries 2030 • Nanotechnology • Biomimicry • Artificial Intelligence • Knowledge Management • Planetary Management 3 Tuesday, January 5, 2016 - American Frontier - Ali G- “Terrorism” - 4


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