Question: a) Could someone with good industry-specific knowledge but low competency in basic business skill be successful as an entrepreneur in that industry? Why or Why

a) Could someone with good industry-specific
a) Could someone with good industry-specific knowledge but low competency in basic business skill be successful as an entrepreneur in that industry? Why or Why Not?? b) Present the 9 Element Business Model of your own startup, and explain any THREE (' i ' is compulsory and any two from the rest) of the following in detail in the context of your own startup: i. Value Proposition* ii. Key Resources iii. Key Partners iv. Key Activities v. Cost Structure vi. Revenue Stream *The goal of value proposition is to create and occupy space inside the target customer's head. Create a value proposition of your own company by replacing the text the parenthesis below as it reflects the product, market and strategy. - For (Target customer) - Who (state of the need or opportunity) - The (business name) is a (Product or service category) - That (statement of key benefits - that is, compelling reason to buy/purchase) - Unlike (Primary competitive alternative) - Our business (statement of primary differentiation) - Is available (where)

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