The mindset of the economic developer and entrepreneur are different but related

Question

The mindset of the economic developer and entrepreneur are different but related.

The economic developer would start asking questions.

-Where is the nearest fishing-hole?

-How can we ensure there is a place to fish?

-How do we make sure there are enough fish to catch?

-Who will make sure the fish population remains healthy and growing?

-Who will own the fishing-hole?

-Will it be private, public, or a public-private partnership?

-Will all citizens have access to the fishing-hole?

-Should we consider saltwater or freshwater options?

-Do we need to build a new fishing-hole or expand the current location?

-Do we need to recruit a fishing-hole company to relocate to the area?

-Will we offer fishing classes to teach the population how to fish?

The entrepreneur would take a different view and ask a variety of other questions.

-Will people need fishing tackle and bait?

-Can I offer fishing classes?

-Will people need a boat?

-Can I build a fishing-hole and charge people to fish?

-Can I offer to fish for busy people?

-Can I offer to guide people to the best parts of the fishing-hole?

-Can I catch fish and sell them in the local market?

-Can I offer my expertise as a fish biologist to ensure a healthy and growing fish population?

-Can I take people on fishing trips to distant fishing-holes?

-Can I store fishing gear for people who don’t have room?

-I think you get the point here also.

The economic developer looks at the situation from a big-picture viewpoint while the entrepreneur looks at the same situation for business opportunities. The two are related, but different. What questions would you ask as an Economic Developer?

Explanation / Answer

It is right to said that the economic developer looks at the situation from a big picture viewpoint while the enterpreneur looks at the same situation for business opportunities. Because economic developer is the man who act as a person who provides the information and resources needed by the entrepreneur( entrepreneur is the person who takes challenges or initatives to creates something new as a products or a company. He takes risks in order to make profits.) :

So we can said that both are related but also they both have some differences. I ask some important questions as an economic developer

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