How did the entrepreneur evaluate the opportunity

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Reference no: EM132275911

Interview an entrepreneur in an industry or business that interests you. Focus on how and why this entrepreneur started his or her business. Relatives may not be used for this assignment. Use all of the following questions when submitting the assignment.

a. Contact information

b. The entrepreneur’s name, address, title, company name, and phone number

c. Background

d. How did you find this person and why did you choose her or him?

e. Why is this person an entrepreneur?

f. What influenced the entrepreneur to identify and pursue this opportunity?

g. How did the entrepreneur’s background (family history, prior education, and work experience) affect the opportunity discovered?

h. Describe the opportunity that the entrepreneur decided to pursue and the process the entrepreneur used to evaluate the opportunity.

i. How did the entrepreneur evaluate the opportunity?

j. What criteria did the entrepreneur use to decide whether to pursue the opportunity?

k. What were the perceived risks of this opportunity and how did the entrepreneur expect to manage them?

l. What did the entrepreneur do to turn the opportunity into a business?

m. Identify specific activities the entrepreneur undertook to develop the opportunity into a business.

n. Identify when the entrepreneur did these activities (provide dates: month and year).

o. Identify important contacts and individuals who were helpful during the startup process.

p. What major problems did the entrepreneur encounter along the way?

q. How were these problems solved?

r. What advice would the entrepreneur give to someone thinking about pursuing an opportunity?

s. Why was this entrepreneur successful?

Reference no: EM132275911

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