Entrepreneurship: 4 Keys to Identify a Great Business Opportunity (with Mathieu Carenzo)

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Entrepreneurship is growing as an option around the world in the face of Covid. The USA is seeing new business formation at a faster rate than at any time in the past.
4 Necessary ingredients so that a business opportunity is worthwhile for an entrepreneur. Mathieu Carenzo is a Professor of Entrepreneurship at IESE Business School and successful early stage investor in many spanish startups, including several Unicorns.

1) Market: People need you
2) Talent: You can get Resources
3) Profit: Revenue greater than Costs
4) Timing: The Market is Ready
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Nice to see you out in the open air Conor, and it’s nice to meet Matthew as well. Looking forward to seeing you both again soon, thank you again for sharing with all of us out here. Have a wonderful day.

johntaylor
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Thank you, both to Conor and Mathieu, for the simple principles that guide an entrance into the entrepreneurial world /sector.
If one requires a fixed hours role, without a wide variety of stresses then one should be careful about embarking on such a venture. However, if one can answer all of these four helpful points, and you have the time, then you have a great chance if obtaining the trust from investors. Once finance is available then you can watch your venture grow. Take a look at the examples Conor Neill provides, both in his own life and that of others he often references.

Edwardjjp
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Thank you Conor and Mathieu for sharing this valuable vidio. Indeed all those 4 principles are very important, I agree. And I would like to stress the critical importance of having a really good team or partners pushing forward along the way with you. A wrong or not-well-aligned partner is many times a stone in your path for success.

pablowind
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I have started various business and feel The right Team is very important.
Thank you for sharing

sanjaymehta
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On point.Thank you corner and Mathew in this corona era.

susanchinyama
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Nice place and Nice of you for sharing your thoughts..Thank You...5.Passion(Love) Vs Patience(Belief)

NagaBhushanamAgraharam
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Hey Conor, good to see you are back. I was missing your motivational emails since the pandemic started. NIce to have you back. Take Care.

anands
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We wait you seniors and thanks Sir Conor 🙋‍♂️

shakataaywadani
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Happy teacher's day. 15.10.2020 Teacher's day in Brazil

marialuizaacerbi
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I think Value proposition Mathieu meant was to propose a product that has robust added value that makes it attractive to customers. I still don't see a direct relationship between the Value proposition and Profit. Could you please elaborate on it? They seem like they explain each other in your video.

Hichem.Chekebkeb
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Yes .. & keep growing 💪🏻Thank you both
For me actually COVID19 offered great opportunitIes for self growth like your great lessons professor Conor🔆👍🏻

abeerfarouq