Entrepreneurial Ambitions Reginald E. Porter Strayer University Contemporary Business Dr. Brenda Harper January 18‚ 2012 Abstract An entrepreneur is someone who goes into business for themselves‚ hoping to expand and maximize profit. Throughout this report‚ I will briefly explain two of the premiere entrepreneurs who took a risk and it paid off. Entrepreneurial Ambitions It’s not about the price one charges for his goods and services‚ nor is it about the competition or how to beat
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CHAPTER 9 PROBLEM #2 A. PV= (-50‚000/1.40)- (20‚000/{1.40^2} + [100‚000/ (1.40^3] + [400‚000/(1.40^4) + {800‚000/[1.40^4] = -50‚000 + (10‚204) + 36‚443 + 104‚123+ 520‚616 = $ 615‚264 B. PV= (35‚714) + (10‚204) + 36‚443 + 104‚123 + 671‚688= $766‚336 C. (35‚714)+ (10‚204) + 36‚443+ 104‚123 + 1‚543‚256 = $1‚637‚904 D. PV AT 40%= $1‚637‚903.85 INVESTMENT @ $3‚000‚000.00 POST-MONEY VALUATION= $1‚637‚903.85 + 3‚000‚000= $ 4‚637‚903.85 PERCENT OF OWNERSHIP BY INVESTOR: $3‚000‚000/ $4‚637‚903
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Entrepreneurial Process HCS 567 Entrepreneurial Process The entrepreneurial process is a “set of stages and events that follow one another” (Nassif‚ Ghobril‚ & da Silva‚ 2010). The entrepreneur is the practitioner which owns or manages their a business at their own risk (Brixy‚ Sternberg‚ & Stuber‚ 2012) and possesses traits such as creativity‚ risk taking and change agents. The entrepreneur must also be familiar with the four steps of the entrepreneur process and has the ability to utilize this
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by people. 2 Identification of the entrepreneurial team The section of Management Team in the business plan contains description of the roles and explicit functions of the members represented by an organizational chart that include the present force‚ or otherwise numbered order of people who are anticipated to join or hire with realistic allocated budget (Timmons and Spinelli‚ p.243). Prudent entrepreneurs will examine during the business plan process to diagnose current and potential skills’
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Module 1.1 Entrepreneurial Behavior I. Introduction Have you ever wanted to start your own business? This unit will give you the opportunity to consider and reflect on the personal aspects involved in transforming an innovative idea into an entrepreneurial product. You will also learn how to identify the requirements for building an appropriate entrepreneurial team. There are literally dozens and dozens of different definitions of ‘the entrepreneur’ and the concept of ‘entrepreneurship’
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qualities and aptitudes an entrepreneur should have. He defined entrepreneurs as someone who would risk developing an idea of a product or service that is considered innovative in order to create a new value for the market. He also listed some important factors that entrepreneurs should take into account which are goals and the success they have at achieving their goals. Success is nothing more than working to achieve all your set goals and create new ones. This is so because goals are the main
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Canlas‚Karen Ann 6.) The discovery or creation of entrepreneurial opportunities in relation to the conditions of the industrial sector. I. INTRODUCTION No extensive empirical study on the sources of entrepreneurial opportunities included the individual‚ the environment and the individual’s start-up activities in a post-socialist periphery. However‚ such layered approaches have been encouraged in theoretical studies of entrepreneurship. Bouchikhi (1993) claims that each approach taken separately
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CHAPTER 1 1.0 INTRODUCTION This research proposal discusses the causes and effects of poor entrepreneurial skills development amongst the youth in Gaborone. The study entails the background information of the study‚ statement of the problem‚ research objectives and questions‚ scope of the study‚ the hypothesis‚ and significance of the study‚ limitations and the definition of terms. Entrepreneurship is a way of life that offers unlimited possibilities to those who truly believe in it and
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about better use of existing resources‚ new and better products. Change can bring about uncertainty and resistance. In a world where innovation and change is the norm‚ to excel. Innovation has been responsible for demise and creation of industries. Most companies that are able to foster a culture that embraces new technologies and are able to commercialize these new innovations rapidly will remain competitive. Those that can’t understand or refuse to adapt eventually will die out. The pace of
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Name: Junie D. Bonifacio Date: December 1‚ 2012 Topic Title: Entrepreneurial Behavior and Perspective Material Title: Defining and Measuring Entrepreneurship Summary The reading focuses on the definition of entrepreneurship in different contexts and on measuring the level of entrepreneurial activity. Entrepreneurship has been defined differently through neo-classical and economic literatures. Theoretical definitions of entrepreneurship reflect a diverse set of ideas about the role of
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