After identifying your one challenge, complete the following tasks. Remember to answer these questions in the context of your business. 1. Briefly describe the problem you intend to solve. (5)

2. Identify at least four sources of ideas that you consulted in order to come up with a solution to your selected problem. In order to do this, you must draw a mapping document showing all the ideas you initially had and their sources, THEN scratch out all failed ideas and highlight in any colour of your choice, the winning idea. (5)

3. Explain in no more than three sentences the business idea that you intend to implement and WHY/HOW you think the business idea will solve the problem. NB: Your business idea will include a product and/or a service. In here, you will also give your business a name.

4. One can argue that an entrepreneur should have a risk-taking ability. Briefly explain two types of risks that you think will affect your business. Tip: You may conduct desktop research on businesses closely related to your own in order to identify types of risks that will most likely affect your business. (2)

5. Write a paragraph of NOT more than 250 words reflecting on your entrepreneurial characteristics. NB: Your reflection should include an identification of entrepreneurial characteristics that you possess (any two), those you lack (any two) and conclude whether you would be a successful entrepreneur. NB: Include the word count for Question 5 at the end of your self-reflection.