The FACE of experience with Carenzo & Levy

Now that we’ve met Kate and her friends, future entrepreneurs, it’s time to hear what the experts in the entrepreneurship field had to say about this first episode.

A partner of Venturehub and a Business Angel, Mathieu Carenzo analyzes Kate’s first mistakes and distinguishes a clear difference between ideas and opportunities.

Meanwhile, entrepreneur Sidney Levy, co-founder of Wiffinity, explains how he identified a consumer need and how, from that idea, he was able to develop his business model.

Discussion

Let's get started with our first debate, based on the topics seen is the first episode of RestartUp and the video analysis by expert Mathieu Carenzo and entrepreneur Sidney Levy, who FACE Entrepreneurship would also like to thank for their collaboration.

Remember, the debate will be open until November 5th and the more you participate, the more medals and prizes you could win! 

QUESTION 1 

One of the keys offered by Mathieu Carenzo is the difference between an idea and an opportunity.  When do you recognize that an idea can be turned into an opportunity?

QUESTION 2

Have you ever thrown out an idea because it wasn’t a real opportunity? Was it difficult for you to give that up?

QUESTION 3

The analysis also highlights the importance of a team. For your entrepreneurial projects will you need to find a team? How have you thought about building the right team? What skills and other factors will you need to keep in mind?

QUESTION 4

The experts speak about the importance of having the right mindset to be an entrepreneur and that it shouldn’t be a backup plan, but instead your plan A, which is also something Daniel Soriano, Director of the IE Business School Centre for Entrepreneurship, commented on. How did you come to be part of the entrepreneurial world? Do you seen yourself forced to start up your own business?

QUESTION 5

Mathieu Carenzo assures us that anyone can be an entrepreneur. Do you agree? What do you think is essential to be an entrepreneur?

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Julie

Julie Mannu

Chatterbox Explorer Evaluator Respondant Debater Influencer FACEr
I truly believe that working in group is an advantage, we all have skills and if we create a team with the right people , I think we have one of the key of entrepreneurship success.
27/10/2015 4 1 1
Santiago

Santiago Martin

Chatterbox Explorer Evaluator Respondant Debater Influencer FACEr
Responding question 4, I have to admit that I'been pushed to entrepeneurship. In Spain the job market is not doing quite well so, for me, now it is time to try something else than sending CV to hundred of companies
26/10/2015 2 1 0
Michelle

Michelle Marcoux

Chatterbox Explorer Evaluator Respondant Debater Influencer FACEr
Finding the right team is hard... especially because a lot of times ideas are brainstormed amongst friends, so they all want to be a part of it... when in reality some of those friends aren't actually the most responsible or reliable workers...
26/10/2015 2 1 0
urtzi

urtzi Terroba Corral

Chatterbox Explorer Evaluator Respondant Debater Influencer FACEr
A good way to recognize an opportunity out of an idea is to spend some time brainstorming and developing a simple CANVAS model. But it is even more important to identify the target market and talk to a few of them (future customers) in order to see whether they would buy your product/service. There is no business without customers! In some cases, we give up ideas because we (the person who has the idea) is not the right one to develop it, but someone else may be. In my opinion, any idea can become an opportunity with the right team and the right business model.
20/10/2015 1 1 0
Michelle

Michelle Marcoux

Chatterbox Explorer Evaluator Respondant Debater Influencer FACEr
It's not always easy to tell when your idea is actually a good opportunity... for me talking about it with friends, co-workers and partners helps us define if it's actually viable or not
15/10/2015 1 1 0
Julie

Julie Mannu

Chatterbox Explorer Evaluator Respondant Debater Influencer FACEr
We all have ideas we share every day with friends and colleagues , but for me the main difference between an idea and an opportunity is when you have a good idea and a favourable situation : familial, social and financial.
15/10/2015 1 1 0
Adolfo

Adolfo Fernández

Chatterbox Explorer Evaluator Respondant Debater Influencer FACEr
When I see that it has a chance of turning into a profitable business
15/10/2015 1 0 1
Santiago

Santiago Martin

Chatterbox Explorer Evaluator Respondant Debater Influencer FACEr
I usually jot down every idea I have and then, I try to realize how it could be suited into a new business. Most times I end up rejecting the idea, but sometimes I do see an opportunity based in the needs of customers.
15/10/2015 3 1 0
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