Hi everyone, it's about 2am now in Nigeria, and I have been working my ass out. since i can't catch any sleep, i decided to give you updates on my entrepreneurship course. At this point we are dealing with social entrepreneurship, social problems, difference between creativity and innovation,  and sources of innovative ideas.
First of all social entrepreneurship is a process that begins with the recognition of a social opportunity that is translated into an entreprise concept ; resources are identified & aquired to execute the entreprise goals.
 Most of the social problems of Nigeria for example are unemployement, poor housing, unhygienic environment, poor english skills, high crime rate and poverty.

The best way to tackle this situation is through creativity and innovation.
                                                                                                                                                                                                                                                                 

Hello everyone, how did your day go? i guess fine and if it wasn't, tommorow would be better. there is something i  felt you all should know about entrepreneurship. it is the major factor of production in any economy, it implies an exercise of leadership aided by maturity of character, a sence of security and willingness to undertake risks. Judging from how factors of production (land, labour and capital) were used to carry out production, it therefore followed that effective production in the traditional economy of Nigeria was undoubted. Without enterpreneurship, all other factors of production could, in fact, not be used. Entrepreneurship has been practised way back from the pre-colonial era.

 Kent Melville, Autistic 9-Year-Old, Starts Soda Business To Help Other Autistic Children

Kent Melville's father was skeptical when his son first said that he wanted to use the profits from his successful summer lemonade stand to start his own soda company. Aaron Melville, who teaches business classes at a local college, did not believe his 9-year-old autistic son was ready to run his own business.

Kent was determined to do something to help others with autism, however, which inspired his father to reconsider. Aaron described on a Facebook page for the organization, why he decided to help his son start Kent's Soda after initially encouraging him to wait until he was older.

Kent pondered that for a minute. He then looked at me and said "Dad, I have everything I need right now, but there are lots of other kids with autism that can't do the things they want or need. I want to be able to help them get some of the things they want with the money we earn. Can't we start now? I don't want to wait." I had never been prouder. With a tear of gratitude in my eye, I agreed.

Though he has enlisted the help of his parents, students at a local community college, and members of the faculty, The Caledonian Record describes how the young entrepreneur is taking charge of his business.

Kent has chosen the flavors himself, and they currently include root beer, orange, lemonade, raspberry limeade, grape, strawberry and cream soda. Kent plans to add an additional flavor each year. The first one will be root beer mixed with orange.

He has come up with a marketing plans that will include a giant root beer volcano, and rejects others ideas when he doesn't agree with them.

One proposal suggested targeting a market of soda pop buyers in an age group from 13 to 24. Kent's response was, "What? Are you stupid? That would mean I couldn't drink my own soda."

Gimundo reports that Kent's sodas were featured at the 2011 Johnsbury World Maple Festival earlier this year. They are also sold at a local farm, a nearby restaurant, and the old-fashioned way -- from a stand set up near Kent's house.

Kent's Soda may outgrow the stand quickly, however. According to The Caledonian Record Kent and his family have high hopes for the small company.

A bottler was signed up and the first 24 cases of Kent's soda was turned out by the Walpole, N.H., company, which says he can keep up with 25,000 bottles at a time, but may have to rework things if sales really take off.

Social entrepreneurship  as defined by Dr. Donald. F. Kuratko  is a new form of entrepreneurship that exhibits characteristics of noonprofits, governments, and businesses. It applies traditional (private-sector) entrepreneurship's focus on innovation, risk taking, and large-scale transformiation to social problem solving.
                                 
                    THE AIM OF SOCIAL ENTREPRENEURSHIP
Adoption of a mission to create and sustain social value (beyond personal value)
Recognition and relentless pursuit of opportunities for social value)
Engagement in continuos innovation and learning
Action beyond the limited resources at hand
Heightened sense of accountability
Social entrepreneures are creative thinkers continuosly striving for innovation, which can involve new technologies, supply sources, distribution outlets, or methods of production. They are change agents that creat large-scale change using pattern breaking ideas, they address the root causes of social problems, and they possess the ambition to create systemic change by introducing a new idea and persuading others to adopt it.
One of the greatest challenge of social enterprise is the environment, so Hawken and McDonough brought about key steps to tackle the challenge.
1. Eliminate the concept of waste; seek newer method of production and recycling.
2. Restore accountability; Encourage consumer involvement in making companies accountable.
3. Make prices reflect cost; Reconstruct the system to incorporate  a " green fee " where taxes are added to energy, raw materials, and services to encourage conservation.
4. Promote diversity; Continue researching the need compatibility of our ever evolving products and inventions.
5. Make conservation profitable; Rather than demand "low prices" to encourage production shortcuts, allow new cost for environmental stewardship.
6. Insist on accountabilty of nations; Develop a plan for every trading nation of sustainable development enforced by tariffs.

Palo Alto home

Address

2101 Waverley Street

Palo Alto, CA 94301

See in Google Maps >

Steve bought his Palo Alto home in the mid-1990s, after his marriage with Laurene Powell. The house is the British country style, it fits beautifully with the rest of this quiet neighborhood — and certainly does not stand out as the house of a high-tech/media mogul. From people who have seen it, the house is lightly furnished, but much more so than Steve's bare Woodside mansion during his bachelor days. Steve lived in this house for twenty years, and died there on October 5, 2011, surrounded by his family.

After Steve Jobs was granted the right to demolish the Jackling house in 2010, speculation arose as to when he would leave Palo Alto for a brand new house in Woodside (see Woodside mansion). There were also rumors he would move to France for his retirement, as his wife was seen touring the château de Sannes in the South of France in the fall of 2010. Unfortunately, Steve's deteriorating health obliged him to stay housebound in Palo Alto, and none of these plans ever came true.

Although late Apple visionary Steve Jobs was never a fixture at the mogul retreat in Sun Valley, Idaho, it appears that his wife has taken a real shine to the place.

Laurene Powell Jobs purchased a home in the area within the last few days.

The house, on the border with nearby Ketchum, Idaho, is said to be a small double A-frame home valued between $3 million and $4 million.

The house has three bedrooms, two and half baths and three fireplaces and is located next to a river's edge in a wetlands area.

Powell Jobs, who is expected to attend the Allen & Co. annual conference, is Silicon Valley’s richest woman, worth an estimated $9 billion, according to Forbes.

laurene powell jobs is very hard working, but at thesame time she finds time to giveherself a break and have some fun. she spends her  money on expensive exotic cars. Apple founder Steve Jobs’ widow Laurene Powell Jobs drives around in a silver Audi A5. This car is what $37,000. 

Laurene Powell Jobs, the widow of legendary Apple cofounder Steve Jobs, inherited a fortune after Jobs died in October 2011 that makes her the wealthiest woman in Silicon Valley. She maintains control of living trusts under her late husband's name, among them the Steven P. Jobs Trust, which is the largest shareholder of Walt Disney Co., with a 7.7% stake. The stake in Disney, at $6.9 billion, is worth nearly twice that of Jobs' shares in Apple. Steve Jobs met Laurene Powell in 1989 after giving a talk at Stanford University, where Powell was a student in the Graduate School of Business. Less than two years later, they were married in Yosemite. The couple had three children together. Powell Jobs, a strong advocate of education and immigration reform, sits on the boards of several nonprofits, including the NewSchools Venture Fund, Conservation International and College Track, an organization she founded that is designed to ensure admittance to and graduation from college for underserved students. She recently stepped down from her position on the board of the New America Foundation. Powell Jobs is also the founder and chair of the Emerson Collective, which works with entrepreneurs to advance education, immigration reform, social justice and conservation. In September, she was appointed to Stanford University's board of trustees. Powell Jobs was an angel investor in SocialCam, a mobile video sharing startup that was bought by Autodesk for $60 million in July. Earlier in her career, she spent several years working in investment banking and later cofounded a natural foods company in California.

Laurene Powell Jobs

No. 28: $11 Billion

Age: 48

Widow of legendary Apple cofounder Steve Jobs is now the wealthiest woman in Silicon Valley. A Stanford business school student when she met her husband, Powell once started a natural foods company and was an angel investor in SocialCam, a mobile video-sharing startup bought by Autodesk for $60 million in July. She also founded 2 nonprofits: College Track, designed to ensure admittance to and graduation from college for underserved students, and the Emerson Collective, which works with entrepreneurs on immigration reform, social justice and conservation. She was recently appointed to Stanford’s board of trustees.

Laurene Powell Jobs & family

Net Worth

 

$11 B As of September 2012

At a Glance

• Founder and Chair, Emerson Collective
• Age: 48
• Source of Wealth: Apple, Disney
• Residence: Palo Alto, CA
• Country of Citizenship: United States
• Education: Master of Business Administration, Stanford Graduate School of Business; Bachelor of Arts / Science, University of Pennsylvania; Bachelor of Arts / Science, University of Pennsylvania Wharton School
• Marital Status: Widowed
• Children: 3

Forbes Lists

#28 Forbes 400

#49 Power Women

#100 Forbes Billionaires

• #36 in United States

Laurene Powell Jobs

No. 28: $11 Billion 

I am so so sorry to have left you all for this long. nature was playing one of it's games with me, but now am strong and ready to continue my journey with you all. I missed you all, and I also want to say a very big thank you to all those people out their viewing my page and following. It tells me how much you buy my ideas and how great you want to become in future.

                                                                   HAPPY VIEWING

More examples include;POST- IT NOTES
Spencer Silver and Art Fry are intrapreneures from 3M Company that was launched in 1980. The company permits their employees to spend 15 percent of their work time developing their ideas. That was how 3M scientist Spencer Silver invented a light repositionable adhesive in 1968. Although he wasn’t sure how best to use it, he spent time explaining the benefits of his adhesive to co-workers. Five years later, Art Frey one ofnclude Silvers colleagues noticed his bookmarks were constantly falling out of his hymnals during choir practice. He remembered Silvers seminars, and in that “Eureka” moment, the post- it was born. The product languished until a marketing manager Bill Shoonenberg designed a campaign called the “Boise Blitz” to drive sales and blanketed the state of Idako in the post-it s-. The sticky notes went national in1980 and quickly became an office supply and household standard.

Corperate intrepreneurship or Intrapreneurship is the process of profitabilty and creative innovation within an organised setting. on the other hand Entrepreneurship as i explained a week or two ago is a dynamic process of vision, change and creation which requires the application of passion and energy towards the implimentation of new ideas and creative solutions. this is one good example of an intrapreneure...                                                                                         DIGITAL LIGHT PROCESSINGLarry Hornbeck is an intrapreneur in Texas instrument that was launched in 1996. He is a TI researcher who had been tinkering for a decade with technology using tiny mirrors to redirect photons. When his team developed the Digital Micro mirror Device in 1987 DMD initially was used to print out airline tickets, but the government’s Defence Advanced Research Projects Agency initiated research in high-definition video and awarded TI and other manufacturers a multi-million dollar contract to work on the issue. TI execs started an internal venture called the Digital Imaging Venture Project and tapped Hornbeck to lead it. At the time, video projectors weighed 40 to 50 pounds and cost $15,000 to $18,000. Hornbeck realized DMD technology could greatly shrink the size and cost of a digital projector. Digital Light Processing quickly became an industry standard, dominating the market in projectors less than five pounds. The technology also has revolutionized the movie theatre business and allowed Texas Instruments to compete in the HDTV market. Hornbeck received an Emmy for Outstanding Achievement in Engineering Development in 1998.