Consider an entrepreneur you know; could be a relative, friend, or acquaintance. Answer the following questions:
What business is the entrepreneur in? What event prompted the entrepreneur to enter his/her business? What motivated the entrepreneur to enter business?
For each entrepreneur types determine if the entrepreneur represents that type - and explain why or why not.
Consider the entrepreneur success traits that we discussed in class. Identify if the entrepreneur possesses each success trait discussed in class. In what ways does the entrepreneur demonstrate having, or not having, each trait?
Do you predict success or failure for the entrepreneur's current business venture? Considering environmental factors, the entrepreneur's success traits (from our discussion), and strategy, why do you predict success or failure?