On this introductory episode 1 of Straight Outta Classroom podcast, the host, Aaron Dendero, talks about the story behind it and the program format.

Key takeaways from this episode:

In this episode we have heard the story behind STRAIGHT OUTTA CLASSROOM podcast, namely, the man who has outgrown everything putting his diverse knowledge to wide and good use, to whom is it for, namely, business knowledge podcast for you the inexperienced student as if you would-be a one man band entrepreneur and the format, that is, a solo program.To get in touch with the show email: soc@careersosimple.com

For Your Information:

Key takeaways are simply the easy to remember, hard to forget core elements on which every episode is centred on.

On this episode 2 of Straight Outta Classroom podcast, the host, Aaron Dendero, talks about who is an entrepreneur.

Key takeaways from this episode:

An entrepreneur is a profit motivated one-man band principal seller that has seized and will seize on opportunities in the market to offer for sell products or services with added value repetitively day to day and in the long term. An entrepreneur can assume identity as a separate entity as an enterprise.

To enhance your learning, grab a complementary visual book - Entrepreneurship: Mastering ABC of Business at Amazon.

To get in touch with the show email: soc@careersosimple.com

On this episode 3 of Straight Outta Classroom podcast, the host, Aaron Dendero, talks about resources.

Key takeaways from this episode:

Resources, namely, the money, space, equipment and people are the means to produce a product or provide a service.

Who does what, management is for running of the enterprise, HR is for employing and retaining people, Finance is for managing financial resources, Legal is for the law, IT is for handling information, Procurement is for buying, Inbound logistics is for incoming stock handling and management, production is for conversion or provision, Outbound logistics is for outgoing stock handling and management, marketing is for acquisition of customers, sales is for serving customers, and, after sales is for customer retention.

To enhance your learning, grab a complementary visual book - Entrepreneurship: Mastering ABC of Business at Amazon.

To get in touch with the show email: soc@careersosimple.com

On this episode 4 of Straight Outta Classroom podcast, the host, Aaron Dendero, talks about what is the market.

Key takeaways from this episode:

A market is physical or non-physical place where sellers and buyers exchanges occur, every single product that is offered for sell at or after market is human harvested, extracted, made or provided.

At every stage effort is applied and value is added, costs are incurred and passed to the customers in prices charged accordingly.

Long-life product is one that is intended to be used repeatedly over a long period of time and short life is the opposite.

A provided service cannot be restocked but can be purchased and used once or repeatedly over a short or long period of time.

Price, quantity, and income affect demand and supply, personal preference is overridden by income, sellers have fixed capacity,

A product-based enterprise turns over stock to generate revenues, a service based-enterprise, turns-over knowhow to generate revenues, revenues less costs is profit, revenue more costs is loss, the way in which an enterprise makes money from its products or services in the long term is its business model.

To enhance your learning, grab a complementary visual book - Entrepreneurship: Mastering ABC of Business at Amazon.

To get in touch with the show email: soc@careersosimple.com

On this episode 5 of Straight Outta Classroom podcast, the host, Aaron Dendero, talks about who are suppliers.

Key takeaways from this episode:

Suppliers are sellers that provide an enterprise with ingredients to produce product or provide services.

Suppliers are essential to every enterprise’s success.

Product rule of origin, lead times, minimum quantities, requests for quotations, standard vs. custom made, delivery, supply vulnerabilities, never to rely on one or big suppliers, are the most important factors you should consider when dealing with suppliers.

To enhance your learning, grab a complementary visual book - Entrepreneurship: Mastering ABC of Business at Amazon.

To get in touch with the show email: soc@careersosimple.com

On this episode 6 of Straight Outta Classroom podcast, the host, Aaron Dendero, talks about who are the customers.

Key takeaways from this episode:

An enterprise can sell exclusively to individuals for personal use by targeting specific groups based on where they live, how they behave, how they think, their ages, gender, ethnicity, education, income, marriage and so forth or to other enterprises for conversion, consumption, or resale. Repeat purchases are what create business continuity and longevity. Fads come and go, classics endure test of time, an enterprise must never rely on one customer.

To enhance your learning, grab a complementary visual book - Entrepreneurship: Mastering ABC of Business at Amazon.

To get in touch with the show email: soc@careersosimple.com

On this episode 7 of Straight Outta Classroom podcast, the host, Aaron Dendero, talks about what are distribution channels.

Key takeaways from this episode:

Distribution channels are outlets an enterprise uses to get products or provide services to the customers, most of products are sold through intermediaries, distributor or dealer or re-seller - buys in bulk and sell to other enterprises or individuals, wholesaler - buys in bulky and sell to retailers, retailer - makes or buys in bulk and sell singly or in small quantities to individuals and an agent works on commission.

To enhance your learning, grab a complementary visual book - Entrepreneurship: Mastering ABC of Business at Amazon.

To get in touch with the show email: soc@careersosimple.com

On this episode 8 of Straight Outta Classroom podcast, the host, Aaron Dendero, talks about who are competitors.

Key takeaways from this episode:

Competitors are rival enterprises that an enterprise shares the customers with by offering a category of products or services with common characteristics. Competition determines whether a market is profitable and what it takes to enter. If low costs or differentiation cannot be achieved, there is no point to enter the market. Once low costs or differentiation can no longer be achieved, it is time to cut losses and exit the market.

To enhance your learning, grab a complementary visual book - Entrepreneurship: Mastering ABC of Business at Amazon.

To get in touch with the show email: soc@careersosimple.com