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1.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?
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- What does it mean when we say that an entrepreneur should work on the business, not in it?What differentiates an entrepreneur from a small-business owner?1) What can you learned about entrepreneurship and owning your own business? 2) what skills do you think a successful entrepreneurship should have? 3) what are the pros and cons of owning your own business? 4) how can both market and management factors affect the growth of a new venture?
- Explain the pros and cons of being an entrepreneur. How would you determine if an individual possesses the characteristics that it takes to creating their own business (self-direction, level of uncertainty, etc.)?Are there any similarities between the characteristics demanded of an entrepreneur and those of a professional athlete? Would an athlete be a good prospect for entrepreneurship? Why or why not? Could teamwork be important in an entrepreneurial effort? Why or why not?Everyone admires an entrepreneur, but maybe that is because no one knows exactly what he or she does. A description of entrepreneurial duties has never been solidified, and Wirtz explains that this is an ongoing problem for those wanting to measure such duties and responsibilities, as well as for those wanting to conduct research into the successes and failures of entrepreneurship. How did you move from being a young (child) entrepreneur to becoming an employee or thinking of becoming just an employee?
- Name three traits of successful entrepreneurs and explain in detail why they are important qualities for an entrepreneur to possess. What is entrepreneurial ego? How can an entrepreneur keep entrepreneurial ego in check? Why do complex decisions often raise ethical considerations for the entrepreneur?1. Can someone be an entrepreneur without owning their own business? 2. Can a person be an entrepreneur because of the nature of the work that they do within a large corporation?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?
- 1. Does someone need to start a business from scratch to be called an entrepreneur? 2. Can we call someone an entrepreneur if they bought an ongoing business from someone else or took over the operations of a family business from their parents? 3. If someone starts a small business and never needs to hire employees, can they be called an entrepreneur?After working in software development with a major food company for 12 years, you are becomingimpatient with corporate “red tape” (regulations and routines). You have an idea for a new snack productfor nutrition-conscious consumers and are thinking of starting your own company. What entrepreneurial characteristics do you need to succeed? What other factors should you consider before quitting your job?What are the key differences in the three avenues (founder, franchisee, and family owned) into the entrepreneur field? Which would you consider the best way to enter the field, and why do you feel this way?
