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Roxanne Quimby and Burt’s Bees

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Roxanne Quimby and Burt’s Bees
Entrepreneurship

PBSB 821

Bezuidenhout, P.J. 1224 6093
Botha, Desere 2250 2556
Buys, Johan 2049 8705
Kleynhans, Wessel 1251 7755
Schoeman, Willie 1032 6065
Van Wieringen, Anton 1231 8388
Wohlfahrt, Andre 2255 3533
Chicken Run Class Group Assignment
Lecturer: Prof. S. van der Merwe
Due Date: 30 July 2011
Roxanne Quimby & “Burt’s Bees”

By
Bezuidenhout, P.J. 1224 6093
Botha, Desere 2250 2556
Buys, Johan 2049 8705
Kleynhans, Wessel 1251 7755
Schoeman, Willie 1032 6065
Van Wieringen, Anton 1231 8388
Wohlfahrt, Andre 2255 3533 Module: Entrepreneurship
Module Code: PBSB 821
Group: Chicken Run
Assignment due date: 30 July 2011

Element: | Mark: | Question 1 | | Question 2 | | Question 3 | | Question 4 | | Question 5 | | | | | | | | TOTAL | |

Contents Question 1 ~ Who can be an entrepreneur? 3 Question 2 ~ Risks, rewards and trade-offs of a lifestyle business vs. a high-potential business that will exceed $5 million dollars in sales and substantial growth. 3 Question 3 ~ The difference between an idea and an opportunity, for whom, and lessons learned from exhibits C and D. 4 Question 4 ~ Reasons why the company has succeeded so far. 5 Question 5 ~ What should Roxanne & Burt do, and why? 5 List of sources 7

PHOTOS
Front page photo Roxanne Quimby & Burt Shavitz of “Burt’s Bees”
Source: http://earthfirst.com/25-rich-ass-greenies-who-made-their-fortune-saving-the-environment-10-6/ Date accessed: 29 July 2011

Question 1 ~ Who can be an entrepreneur?
Almost anyone can become an entrepreneur, although there is no one definitive profile. An entrepreneur can be a man or woman of any age or background. Some people are born with a natural entrepreneurial instinct, but entrepreneurship can be learnt, although it requires an apprenticeship to acquire and hone the necessary skills.
Holden (2007:1) states that even though

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