Reference no: EM131717013

Question: The entrepreneurship class you are taking meets for four hours once per week. A break of 10 minutes or so takes place after the first two hours of each class. During a recent break, you overhead one of your classmates say to another person that in her opinion, the teacher is overselling the importance to potential investors of a start-up's management team. "After all," the classmate says, "A good product outweighs any deficiency a firm may have in terms of managers and their abilities." Given what you have learned about business plans, what would you say to your classmate to convince her that she needs to rethink her view about potential investors' views about the quality of a proposed venture's management team?