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Understanding the Timmons Model

The Timmons Model outlines the key factors in starting a new business: an entrepreneur identifies an opportunity by recognizing gaps in the market and fits their skills to address uncertainty; they develop a business plan to acquire the necessary resources; and uncertainty remains as they work to launch and grow the business.

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WajidSyed
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157 views1 page

Understanding the Timmons Model

The Timmons Model outlines the key factors in starting a new business: an entrepreneur identifies an opportunity by recognizing gaps in the market and fits their skills to address uncertainty; they develop a business plan to acquire the necessary resources; and uncertainty remains as they work to launch and grow the business.

Uploaded by

WajidSyed
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

The Timmons Model

Uncertainty
Opportunity

Uncertainty

Entrepreneur
Fits & Gaps
Business plan

Resources

Uncertainty

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