Click on the following link http://www.npr.org/podcasts/510313/how-i-built- this which will take you to the NPR podcast "How I built this". Choose a business/entrepreneur and summarize how the entreprenuer built a success company. What were some of the struggles/hardships he or she endured along the way?
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Click on the following link http://www.npr.org/podcasts/510313/how-i-built-
this which will take you to the NPR podcast "How I built this". Choose a business/entrepreneur and summarize how the entreprenuer built a success company. What were some of the struggles/hardships he or she endured along the way?
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- Describe how attitudes, competition, financial management, preparation and people management impact the success and failure of entrepreneurs2. Identify key entrepreneurial theories and link the theories to successful entrepreneurial practice3. Describe the process of identifying, developing and implementing a business idea4. Outline the principles and processes of strategic managementdiscuss the objectives of an entrepreneur. use the below points as part of discussion 1. To gain control over one’s destiny 2. To reach full potential 3. To contribute to society and be recognised for their efforts 4. To start a new career 5. To make a profitEntrepreneurs must be strategic thinkers in order to develop the plans and objectives necessary to start abusiness that will last. Imagine you are starting a new music-streaming service. You have decided todifferentiate your service from the others already in the marketplace. Think of three ways to add value toyour service and also the performance measures you’ll need to use in order to know if your added valueis really valued by customers.
- Entrepreneurship comes with a host of rewarding & harsh challenges. The ability to see two steps ahead to take decisions comes ahead of the prevailing competition comes around as a stressful challenge to them. Based on the above situation, recognize one of the most important challenges faced by an entrepreneur. a. Dealing with the unknown & uncertainty b. Fundraising & cash flow c. Time management d. Ability to take quick decisions1.What are the Advantage and Disadvantages becoming a business manager (Employed) rather than venturing in Entrepreneurship?Provide atleast 3 Each & explain each Advantage and Disadvantages. 2.What are the Advantages of invention of money in the field of Entrepreneurship( Provide atleast 3)?what is the impact/effect of invention of money to the modern day Entrepreneurship? 3.Explain why it is said that "Entrepreneurship is the life blood of ant economy?minimum of 100 words.Respond to this with 180 words. Mention any verifiable high performing and a reputable company (local, national, or international) that you are quite familiar with and reflectively justify that it is imaginative, creative, innovative, and entrepreneurial. Explain the differences, interrelationships, and interdependences between the imaginations, creativities, and innovations of this company as well as their connections and importance to entrepreneurship, and their influence on the profitability and sustainability of this company.
- Which skill(persuasion, leadership, personal accountability, goal orientation, and interpersonal skills) do you believe is the most important to make a successful entrepreneur? Why do you believe this skill is of such importance? What makes it more important than the other skills?Describe the difference between strong-tie and weak-tie relationships. Is it more likely that an entrepreneur will get new ideas through strong-tie or weak-tie relationships? Why? Give an example of a strong-tie and a weak-tie.Experts say that entrepreneurs who need between $100,000 and $3 million often face the greatest obstacles when raising capital for their businesses. Why? (200 word) note : maybe the photos not clear this the link for the case study https://dokumen.tips/documents/cases-effective-small-business-management.html Not : case 2 able planet
- Which of the following skills do you believe is the most important to make a successful entrepreneur? Why do you believe this skill is of such importance? What makes it more important than the other skills? persuasion, leadership, personal accountability, goal orientation, and interpersonal skills1.What are the risks and benefits of becoming an entrepreneur as opposed to working for others? 2.What is the major challenge presented by competitors like Amazon and Uber to Grubhub's business?There several myths about entrepreneurs, including:- Entrepreneurs are born, not made. - Entrepreneurs are gamblers. - Money is the key to entrepreneurial success. - You have to be young to be an entrepreneur- You have to have a degree in business to be an entrepreneur. Describe your perceptions about any entrepreneurs in relation to the above myths. Are the myths true or false? Why or why not?
