Week 4 Discussion
For creative entrepreneurs, having a good idea is important, and understanding how to innovate is essential. But even with the best idea and the most innovative process, an entrepreneur needs more than this to start a business. Understanding how to launch your entertainment business venture is the next step after you have identified your business opportunity.
Share your thoughts on some of the questions below. Research is not required, but if you represent the thoughts, ideas, words, or images of others, be sure to give credit and cite your sources by indicating the author, date, title, and website link where this information was found.
Have fun with this Discussion! Feel free to discuss your ideas with other students and use meaningful observations to corroborate your point of view such as personal or professional experience. This discussion board will remain open through Sunday night for you to interact with classmates.
Watch the following video of How Daymond John Built a Billion Dollar Business from His Living Room (03:11)
After watching the video, share your thoughts about some of the following:
What impressed you the most about Daymond John’s entrepreneurship? Why?
What are your thoughts on his discussion of roadblocks?
What did you think of his comment about the things people who have made it have in common? Do you agree? Why or why not?
Do you think the way he launched his business was a good idea? Why or why not?
Explain how the ideas from the video can help you understand how to launch your own venture.