What was the biggest take-away or lesson learned

Assignment Help Operation Management
Reference no: EM131910787

Entrepreneur Interview Protocol

Requirements:

Select one entrepreneur to conduct a face-to-face interview with.

The conversation should last a minimum of 30-40 minutes.

Be sure to get a business card.

Doing this assignment via email or over the phone is NOT acceptable. You may want to ask if you can record the conversation, otherwise you'll need to take good notes.

Please refer to the list of questions compiled below, but feel free to add others that are more appropriate for you and your interviewee. You will not be able to ask all of these questions by any stretch of the imagination.

Use these lists more as a pool of optional questions you can tap into to create your own set of interview questions. Probe...be creative...get details...

Deliverable:

Minimum of 5-6 pages, double-spaced, 1" margins, 12-pt. type.

Staple your interviewee's business card to the front page.

Include an introductory paragraph that states who you interviewed, their title and company, a bit about their product/service, and details about how/where the interview was conducted.

Follow a Q&A format - state the question, then include a summary of his/her comments in your own words. This does not have to be verbatim.

Include a couple of paragraphs at the end that summarize your findings and include your personal comments/reflections. (For example:

What surprised you? What was the biggest take-away or lesson learned? How did the conversation change your views of entrepreneurship? What was the best advice you received?)

Pool of Interview Questions:

What did it take to sell your first product/service agreement? (How'd you get your first sale?)

How do you know when to keep going or it call it quits?

Are you a serial entrepreneur or is this your first business?

What was the catalyst to become an entrepreneur?

What came first: the desire to be an entrepreneur or the idea you wanted to sell?

What were your greatest challenges in the beginning?

What are the challenges you face now?

How long have you been in business?

What are some of your greatest mistakes/failures?

If you could do it all over again, what would you do differently? (Would you do it again?)

How did you finance everything?

What is your biggest regret (if any)?

Who/what helped you the most to reach where you are now?

What did you do with the initial money that you earned?

Where did your inspiration come from?

What keeps you going?

Who has influenced you the most throughout your entrepreneurial journey?

How long have you been in business?

Can you tell me about your professional background?

What was your greatest motivation/inspiration for launching a new business?

How did you come up with your idea?

What have you sacrificed most?

What are some of greatest challenges you have faced and how did you overcome them?

What are your greatest assets today?

Did you leverage corporate experience to launch you business? How so?

What are some of the first steps you took to obtain financing?

How do you keep your biz relevant/competitive?

What strategies do you use to build your client base?

How have you adapted your business since its inception?

What was your biggest mistake/failure? What did you learn from it?

What are your greatest fears as an entrepreneur?

What was the tipping point to start your own business? What was the catalyst?

Are you profitable? How long did it take you to become profitable?

What are current threats to your industry?

Are you satisfied with your business as it stands today?

What are the greatest rewards received from being an entrepreneur?

What is your growth strategy?

Where do you see yourself in 2-5 years?

What type of legal entity is your business? How did you determine which structure to be?

Do you have any employees? How and why did you choose your first employees?

If you have partners and advisors, how did you go about finding and selecting them?

What are your sources of inspiration/support?

Do you consider yourself a risk taker?

How did you determine which business model to follow?

How do you incorporate technology into your day-to-day business operations?

If you knew how hard it was to launch your own business, would you do it again? Why/why not?

What do you wish you would have known then that you know now after this experience?

What do you dislike about the entrepreneurial lifestyle?

Have you ever thought about giving up?

What characteristic in your personality has made you most successful?

What do you feel is your underlying reason for success?

How did you find the funding to get started?

How much did you need?

How did you determine this amount?

How much did you actually obtain?

How did you spend it?

What did you do with your money once you generated a profit?

Did you have a mentor? If so, what is the greatest value in having one?

Do you have any words of wisdom for a young, up-and-coming entrepreneur?

Do you have any specific tools or resources you'd like to share?

Reference no: EM131910787

Questions Cloud

Write paper on algorithms and application uses of hashing : Write 2 page paper APA formatted double spaced with references on purpose, algorithms and application uses of hashing.
What will be the firm after-tax cost of debt on the bond : The Company is in a 20 percent tax bracket. What will be the firm's after-tax cost of debt on the bond?
Benefits mentioned was employee stock options : During your interview process, one of the benefits mentioned was employee stock options.
In what ways do you think you have progressed in your group : In what ways do you think you have progressed in your small group (i.e. meetings) communication abilities? What do you want to keep working on?
What was the biggest take-away or lesson learned : What surprised you? What was the biggest take-away or lesson learned? How did the conversation change your views of entrepreneurship?
What are the savings from lockbox : Assuming the company can earn 7.5 percent interest per year, what are the savings from the lockbox?
Identify the risks associated with the current position : Identify risks associated with current position your organization is in, and how organization can mitigate risk by using information security systems policies.
Methods of depreciation would be preferable : which one of the following three methods of depreciation would be preferable?
Hedge and believe in purchasing power parity : Determine the expected amount of dollars that you will receive if you do not hedge and believe in purchasing power parity (PPP).

Reviews

Write a Review

Operation Management Questions & Answers

  Book review - the goal

Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..

  Operational plan in hospitality enterprise

Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..

  Managing operations and information

Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..

  A make-or-buy analysis

An analysis of the holding costs, including the appropriate annual holding cost rate.

  Evolution and contributor of operations management

Briefly explain Evolution and contributor of Operations management.

  Functions and responsibilities of an operations manager

A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..

  Compute the optimal order quantity

Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.

  Relationship to operations practice in the organisation

Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.

  A make or buy analysis

Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.

  Prepare a staffing plan

Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.

  Leadership styles in different organizations

Ccompare the effectiveness of different leadership styles in different organizations

  Risk management tools and models

Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd