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Entrepreneurship
Management
Q1
Seems like a lot of work in writing articles and time in chat rooms. Although
it might be a way of getting people to my website with only a small expense, do
you think that this approach is worth the investment of time?
Q2 What are the other benefits of this approach
over and above simple a cost saving
Q3 Are there particular businesses and products more suitable for this approach
Q1
It is not surprising that a lawyer should say that an entrepreneur needs a
lawyer to start a business. I certainly do not have money to burn on
unnecessary legal fees. Which things do I need a lawyer for now, which things
need a lawyer but can be delayed and finally which things can I do myself?
Q2
Other than the costs, are there any disadvantages to “bouncing ideas” of a
lawyer?
Q3
I certainly don’t want to pay more taxes than I must. What the tax implications
of the different legal structures for the business?
Q1
A cheaper way of advertising that is more effective at attracting customers –
is this too good to be true? Why has the “simpler is better” approach worked
for Breckenridge Brewery?
Q2
Assume that the CEO asked you about pricing its pint glasses and T-shirts to
maximize profit from these items, or should I have a lower price to increase
volume and benefit from the promotional impact the purchase these items have on
the sales of my beer?”
Q3.Would
you advise this approach to an entrepreneur whose primary products are highly
technological? What about an entrepreneur whose products are sold to industrial
buyers?
Q1.This
whole idea of experimentation seems to make sense, but all those little
failures can add up, and if there enough of them, then this could lead to one
big failure-the business going down the drain. How can I best get the
advantages of experimentation in terms of innovation while also reduction the
costs so that I don’t run the risk of losing my business?
Q2.
My employees, buyers, and suppliers like working for my company because we have
a lot of wins. I am not sure how they will take it when our company begins to
have a lot more failures (even if those failures are small)- it is a
psychological thing. How can I handle this trade-off?
Q3
Even if everyone else accepts it, I am not sure how I will cope. When projects
fail it hits me pretty hard emotionally. Is it just that I am not cut out for
this type of approach?
1. I want to find a little pot of gold
like Lissa D’Aquanni. Where should I look?
2. I like the gift certificate idea to
raise money and build my business. What other types of products do you think
that approach will work for?
3. Over the years I have paid a lot of
taxes. Should I feel guilty for accessing government – subsidized monies to
build my business, or should I feel justified?
Entrepreneurship
Management
1. In running this new venture, I need to
invest al available resources in producing the products and attracting
customers. How important is it for me to divert money from those efforts to
protect my intellectual property?
2. I have sufficient resources to obtain
intellectual property protection, but how effective is that protection without
a large stock of resources to invest in going after those that infringe on my
rights? If I do not have the resources to defend a patent, is it worth
obtaining one in the first place?
3. Are there circumstances when it is
better for me not to be an innovator but rather produce “knock-offs” of other
innovations?
1. Gee, these managers discussed in the
article are a bit rough. Even if one particular person is not producing as
expected, doesn’t this person still deserve to be treated with respect?
2. It appears that the automatic
assumption is that the employee is at fault for not performing and therefore
should be fired. But shouldn’t the responsibility fall on me as the manager and
the system that I have introduced? Maybe the person is performing as well as
the situation allows?
3. How am I to build team spirit within my
small company when I single out one person for lack of production and fire him
or her?
1. What are the advantages of going to an
SBIC over and above a business angle or venture capitalist?
2. What are the disadvantages and how can
they be minimized?
1. This whole idea of experimentation
seems to make sense, but all those little failures can add up, and if there
enough of them, then this could lead to one big failure-the business going down
the drain. How can I best get the advantages of experimentation in terms of
innovation while also reduction the costs so that I don’t run the risk of
losing my business?
2. My employees, buyers, and suppliers
like working for my company because we have a lot of wins. I am not sure how
they will take it when our company begins to have a lot more failures (even if
those failures are small)- it is a psychological thing. How can I handle this
trade-off?
3. Even if everyone else accepts it, I am
not sure how I will cope. When projects fail it hits me pretty hard
emotionally. Is it just that I am not cut out for this type of approach?
1. I want to find a little pot of gold
like Lissa D’Aquanni. Where should I look?
2. I like the gift certificate idea to
raise money and build my business. What other types of products do you think
that approach will work for?
3. Over the years I have paid a lot of
taxes. Should I feel guilty for accessing government – subsidized monies to
build my business, or should I feel justified?
WE PROVIDE CASE STUDY ANSWERS, ASSIGNMENT SOLUTIONS, PROJECT REPORTS AND THESIS
ARAVIND - 09901366442 – 09902787224
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