Sunday, June 16, 2019

Entrepreneurship and Leadership Essay Example | Topics and Well Written Essays - 750 words

Entrepreneurship and Leadership - Essay ExampleI know that as a venture capitalist, you are not at all(prenominal) bothered with what I am going to present here. I know that because I am aware that even the most impractical ideas get the nod and the most amazing and lucrative ones dont. I am selling myself here. Its all about entrepreneurship. Its about leadership. I know that all that matters to you is the numbers. I also know that you wouldnt be handing over your money to a orchis that would go and blow it all away on his crazy dream of creating another Facebook. So what is it that I abide and others dont? The answer is elemental I know how to execute. Yes, execution is what I possess. Many great ideas fail in their startup phase not because they didnt have potential or all of a sudden werent profitable enough. They fail because they were executed improperly. They were leading in a completely different direction. I can go over you that what Ill present here is what will happen in the real world that is if the economic conditions hold (CFA Institute). The truth is that there is no other Facebook. The quantify have changed. Social networking is a thing of the past. However, like every era this era, too, functions on the same ideology which is to make disaster an opportunity. As the world gears up for its next challenge, entrepreneurs and investors gear up to fill their pockets and that is what I am offering you. I am offering you to invest in the future. My idea is simple. I have in my possession the design of a railway car that creates medicines for you. The idea is simple. This machine works just like an ATM. You take your blood sample to it. Your blood has your desoxyribonucleic acid and it analyzes what kind of chemical reaction the medicine should go through to be specifically modified for you. Sounds unreal? It sounded to me too, but believe me such a machine can be made. Look at the opportunity you have here. Can you even think of the possibiliti es I am opening you up to? I am effectively eliminating the manufacturing of medicines here. All you need is a formula that can be entered into this machine and it will create the medicine and modify it for the user. This means that a gull in India wont have to die because s/he didnt have the funds for buying medicine. Thats the other side. Medicine becomes cheaper. This office be an aspect for some investors you venture capitalists have to answer too. So lets get to the real thing now numbers. The cost of mental synthesis this machine is going to be around $2.4 million. The cost is high because its just a prototype. When the prototype is approved by the medical bodies, we can bug out mass production that will distribute the massive fixed costs of $2 million that we are incurring over thousands of machines. This cost includes the cost of the biotechnicians and doctors I will be using it also includes the cost of the materials that will be used in making this machine. The global biotech industry brings in revenues of up to $250 million each year. When we build our machine, we predict to capture at least 3.7% of the market share in the initial 3 years. We will build 1,800 machines at a cost of $400,000 a machine. This brings the cost of machines to about 720 million dollars. The cost of buying and creating formulas for medicines is approximately $2.4 billion. If you

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