Risks and Mitigation What are the key milestones and checkpoints in your plan? How will you measure/determine if you have successfully attained these milestones? How do you define success? What external factors might affect your attaining success? (Positively or adversely) Develop contingency and risk mitigation strategies. Entrepreneurship is not all about personal financial gain. It concerns crafting a lifelong plan to make a positive impact on society. Character does matter. Failure is OK; unethical behavior is not. True wealth requires the creation of enduring value, which requires integrity and ethics. How do you plan to practice ethical principles in your daily actions? • If you could assemble any three people to advise and mentor you, who would they be? They may be alive or dead, family or world leaders, friends or strangers. Why would you choose each? Is it their wisdom, their accomplishments, their words, their creativity, their character, their heroic deeds………..? • Similar to popular “six-word memoir” exercise, please summarize your PBP in 6 words (e.g., “humanist engineer, global citizen, caring teacher”).
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