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

Entrepreneurship and Leadership - Essay ExampleI eff that as a opine capitalist, you are not at all bo thered with what I am going to hold here. I know that because I am aware that even the approximately 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 all over your money to a freak that would go and blow it all away on his crazy vision of creating another Facebook. So what is it that I have and others dont? The answer is simple 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 put to death improperly. They were leading in a completely different direction. I can assure you that what Ill present here is what allow happen in the real world that is if the economic conditions hold (CFA Institute). The truth is that there is no other Facebook. The times have changed. Social networking is a matter of the past. However, like every earned run average this era, too, functions on the same ideology which is to make disaster an opportunity. As the world gear mechanisms 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 work 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 DNA 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 deliberate me such a machine can be made. Look at the opportunity you have here. bottom of the inning you even thi nk of the possibilities I am opening you up to? I am effectively eliminating the manufacturing of medicines here. all(prenominal) you need is a formula that can be entered into this machine and it will create the medicine and spay it for the user. This means that a kid in India wont have to die because s/he didnt have the funds for buying medicine. Thats the other side. Medicine becomes cheaper. This might be an panorama for some investors you venture capitalists have to answer too. So lets get to the real thing now numbers. The cost of pissing 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 begin mass issue 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 mac hine. The global biotech industry brings in revenues of up to $250 billion 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