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10.2 Why Early Failure Can Lead to Success Later
LEARNING OBJECTIVES By the end of this section, students will be able to: Determine several reasons for business failure and explore strategies to overcome them Understand the root of fear of failure Learn to spot signs of fear of failure and take step...
15.5 Reflections: Documenting the Journey
LEARNING OBJECTIVES By the end of this section, you will be able to: Examine the value of journaling and reflection Experiment with reflection as a daily habit Figure 15.13 Taking the time to record your thoughts and activities provides new learning ...
13.2 Corporations
LEARNING OBJECTIVES By the end of this section, you will be able to: Distinguish between C Corporations, S Corporations, and B Corporations Distinguish between privately and publicly held corporations Explain how corporations are taxed A corporati...
13.1 Business Structures: Overview of Legal and Tax Considerations
LEARNING OBJECTIVES By the end of this section, you will be able to: Understand why a business’s purpose is an important role in the initial business structure decision Identify major types of business structures (corporation, LLC, partnership, sole pro...
Introduction
Figure 13.1 Focusing time and energy on planning a business can help an entrepreneur avoid or minimize legal issues. (credit: modification of “hammer books law court lawyer” by “succo”/Pixabay, CC0) Chapter Outline 13.1 Business Str...
14.3 Managing Resources over the Venture Life Cycle
LEARNING OBJECTIVES By the end of this section, you will be able to: Explain how resource dependence theory helps a venture grow Understand typical resource needs through the life cycle Describe the basic steps in securing human resources Understand t...
14.2 Using the PEST Framework to Assess Resource Needs
LEARNING OBJECTIVES By the end of this section, you will be able to: Describe the components of the PEST framework (political, economic, sociocultural, and technological factors) Apply the PEST framework to assessing resource needs Understand how to as...
14.1 Types of Resources
LEARNING OBJECTIVES By the end of this section, you will be able to: Distinguish between tangible and intangible resources Determine the venture’s tangible and intangible resource needs and how to attain them Describe the various funding resources avai...
Introduction
Figure 14.1 New Story is changing the way social enterprises manage resources through an innovative business model that uses crowdsourcing to fund construction. (credit: modification of photo provided by New Story) Chapter Outline 1...
15.4 Now What? Serving as a Mentor, Consultant, or Champion
LEARNING OBJECTIVES By the end of this section, you will be able to: Evaluate potential next steps after exiting the venture Explain the roles of mentors, consultants, and champions Depending on your experience as a first-time entrepreneur, you hav...
10.3 The Challenging Truth about Business Ownership
LEARNING OBJECTIVES By the end of this section, you will be able to: Explain the pros and cons of business ownership before you launch Understand current trends in entrepreneurship in the US Determine the challenges women face in entrepreneurship and w...
15.3 Seeking Help or Support
LEARNING OBJECTIVES By the end of this section, you will be able to: Identify sources for assistance Explain the benefits provided through seeking assistance Compare tools to assist in deciding what advice to follow You’ve learned about some of th...
5.2 Making Difficult Business Decisions in Response to Challenges
LEARNING OBJECTIVES By the end of this section, you will be able to: Recognize that cognitive biases can sabotage the success of the venture Identify key problem indicators Distinguish the emotional components involved in difficult decisions ...
15.1 Launching Your Venture
LEARNING OBJECTIVES By the end of this section, you will be able to: Explain the importance of creating and discussing the vision statement Determine the documents necessary for managing risks Describe company culture and the purpose of a code of condu...
Introduction
Figure 15.1 Consider the importance of having a source of light when the sky is dark, or when disaster strikes and electricity is lost, or for some people, when the infrastructure for electricity doesn’t exist. Andrea Sreshta and Ana Stork identified this si...
New Page
Chapter 1 The Entrepreneurial Perspective - ALL, Julie , Robert Rebelo Introduction 1.1 Entrepreneurship Today - all 1.2 Entrepreneurial Vision and Goals 1.3 The Entrepreneurial Mindset Chapter 2 The Entrepreneurial Journey and Pathways - ALL, Julie I...
Roberto Rebelo - Full Story
Roberto Rebelo Can you please tell us a little bit about yourself? About Manmade Can you tell us a little bit about Manmade, your current venture and your current entrepreneurship mindset with your co-founders. Innovation, Creativity and Invention in C...
10.5 Growth: Signs, Pains, and Cautions
LEARNING OBJECTIVES By the end of this section, you will be able to: Determine the lifecycle of a business Identify strategies to manage the main needs of each lifecycle stage Explain how businesses grow and adapt to changes in their cycles The wo...
10.4 Managing, Following, and Adjusting the Initial Plan
LEARNING OBJECTIVES By the end of this section, you will be able to: Explain the difference between a business plan and a lean plan Know how to develop a lean plan quickly and accurately Run the build-measure-learn loop In this chapter, we’ve disc...
13.3 Partnerships and Joint Ventures
LEARNING OBJECTIVES By the end of this section, you will be able to: Describe the ownership structure of a partnership Describe the ownership structure of a joint venture Summarize the advantages and disadvantages of partnership and joint venture structure...