Build the Organization Around the Opportunity

“While building the organization, the entrepreneur continues to create. He constructs three important things: • 1. A business model that allows for a unique positioning in the market he defines, then • 2. Translates his business model into integrated activities that create value • 3. Sets up the system for value appropriation.”

“According to modern economists, the entrepreneur is the most important source of activity and economic development. It can be estimated that the largest portion of job creation and, in the long term, wealth in a community comes from entrepreneurs. Thus, the entrepreneur is a creator of value. From placid and disarticulated elements, he makes combinations intended to seize the opportunities presented by his environment. Generally, entrepreneurship begins with the perception of an opportunity, continues with the building of an organization to seize it, and extends with the effective creation of value. These three elements are crucial for the development of the entrepreneurial character.”