503MAN: Pitching a Card-Less ATM Service for Entrepreneurship

This presentation outlines a business idea for a card-less ATM service, detailing its functionality, benefits (wide access, less contact, security, convenience), and drawbacks (device loss, compatibility, excessive use). It identifies attributes of successful entrepreneurs and employs PEST and SWOT analyses to evaluate internal and external factors. The PEST analysis covers political, economic, social, and technological influences, while the SWOT analysis highlights strengths, weaknesses, opportunities, and threats. The presentation also outlines the business start-up process from conception to execution and discusses models of corporate entrepreneurship. References to relevant books and journals are included. Desklib provides access to similar presentations and study resources for students.

Entrepreneurship
Enterprise and Innovation

Service Chosen:
CARD-LESS ATM SERVICE
What is card-less ATM service?
This is a type of service that enables the customers to get money and
perform different monetary transactions without using the different
types of cards such as debit cards.

How will these Card less ATM will
work?
This service of card-less ATM will be depending on digital card information that can
be used at the ATM using different types of technologies such as near field
communication, QR Codes and verification code.

Benefits of the service
 Wide range of access
 Less contact
 Security
 Convenient

Drawbacks of the service
 Loss of mobile device
 Compatibility of the devices
 Excessive use of cards

Attributes of a successful
entrepreneurs:
 Adaptability
 Decisive
 Team building
 Innovation
 Long term focus

Evaluating internal and external factors in
order to build an effective entrepreneurial
culture
 PEST ANALYSIS
PEST analysis (political, economic, social and technological) is a
management method through which an organization can evaluate the main external
factors that influence its functioning to have an competitive edge over the
competitors in the market.
 SWOT ANALSYS:
The SWOT investigation is an incredibly helpful instrument for
comprehension and evaluating the organization's position preceding settling on
choices about future organization heading or the execution of a new business thought

PEST ANALYSIS
 Political factors
 Economical factors
 Social factors
 Technological factors

SWOT ANALYSIS:
STRENGTHS:
• Highly secured
• Better experience
• Easy to use
WEAKNESSES:
• Lost mobile devices
• Data theft
THREATS:
• Increasing competition
• Security related issues or news
• Global Economic instability
OPPORTUNITIES:
• Increasing competition
• High growth

Process of business start-up from
conception to execution.
 Start with business idea
 Make a business plan
 Secure the funding
 Hire effective human resource

Model of corporate entrepreneurship
 The enabler model
 The advocacy model
 The producer model
 The opportunistic model

References
Books & Journals
Behl, R. ed., 2021. Entrepreneurship and Regional Development: Analyzing Growth Models
in Emerging Markets. Springer Nature.
Singh, A. and Reji, E. M. eds., 2020. Social Entrepreneurship and Sustainable
Development. Taylor & Francis.
Saji, B. S. and Nair, A. R., 2018. Effectiveness of innovation and entrepreneurship
education in UAE higher education. Academy of Strategic Management
Journal, 17(4). pp.1-12.
Entezari, Y., 2018. Innovative Entrepreneurship Ecosystem: General Patterns and its lessons
for Iran. Journal of Entrepreneurship Development, 11(1). pp.21-40.
McLuskie, P., 2019. Design Thinking Education and Entrepreneurship. In Encyclopedia of
Innovation Education. Springer, Singapore.
Pandey, K., 2019. TLP for Entrepreneurship Management 2018-2019.
Dias, C. S., Rodrigues, R. G. and Ferreira, J. J., 2019. What's new in the research on
agricultural entrepreneurship?. Journal of rural studies, 65. pp.99-115.
Petrevska, B., 2018. The Comparative Analysis of Social Entrepreneurship. Iustinianus
Primus L. Rev., 9. p.1.