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Imagine you’re taking a class to be your own boss.  

The success of this class (EDP) depends on how many students actually open their own businesses after training.

There are many factors that influence how well someone does after the class.  

These include:

Background:

This means the family and environment the person grew up in.  

If your family has always owned businesses, you might be more likely to succeed than someone with no experience.

Motivation:

Why do you want to start a business?  

Do you want to be your own boss or make a lot of money?  

Having a strong reason helps you keep going when things get tough.

Skills and Knowledge:  

Do you know how to run a business?  

The EDP class will teach you some of this, but experience also matters.

Money:  

Starting a business costs money.  

The EDP class can’t give you all the money you need, but it can help you find ways to raise funds.

Outside Influences:  

The economy, government policies, and even things like access to raw materials can all affect how well your business does.

Researchers have studied how many people who take EDP classes actually start businesses.  

They found that about one out of four people do start a business after taking the class.  

Some people give up on their dreams for various reasons, and others get busy with other things.

So how do we measure how well someone is doing after taking the class?

Here are some ways:

• Money: Is the business making a profit?
• Speed: How long did it take to get the business up and running?
• Production: Is the business using all of its equipment and materials to make products?
• Growth: Is the business getting bigger and selling more products?
• Innovation: Is the business creating new products or services?
• Other Measures: How many jobs did the business create? Did it help the community in any way?

By looking at all of these factors, we can get a good idea of how effective the EDP class is at helping people become successful entrepreneurs.