for expansion when it comes to my number of employees. I like keeping a tight structure among my family rather than employing a lot of people outside of the family. Hypothetically‚ the only way to expand my employee count while still maintaining my current business structure would be to expand my family. 6. As of now‚ I wouldn’t seek to sell shares of stock because I like to keep it a privately owned company. As I said before‚ I like to keep the business in the family‚ which includes ownership. 7
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Entrepreneur Interview with Larry Godwin‚ Owner of Godwin Company‚ Inc. Danielle Grider Ivy Tech Community College Intro to Business 101-03H-H1 Charlie Svihlik October 21‚ 2012 Entrepreneur Interview with Larry Godwin‚ owner of Godwin Company‚ Inc. The person I chose to interview is the owner of the company at my current place of work. Larry Godwin is the owner of Godwin Company‚ Inc‚ which is a forklift and golf car sales
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Essay on Entrepreneurs There are many advantages when being an entrepreneur‚ some of which benefit a lot of the families all over the world. One of the many benefits offered when being an entrepreneur is‚ having time to spend with your family. It is said that families who have an enterprise can concentrate on their personal life and parents can have a more healthy relationship. The advantage would be that family members can be involved in the business as well. Both husbands and wives can help
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Entrepreneurs are innovators or developer who recognizes and seize opportunities; converts those opportunities into a workable/marketable idea; adds value through time‚ effort‚ money or skills; assumes the risk of the competitive marketplace to implement these ideas and realizes the rewards from these efforts (Kuratko‚ 2009). Based on this explanation‚ we can assume that entrepreneurs are people who take risks and efforts to venture into a new business. In order for them to take such risks‚ they
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Types of Entrepreneurs 1. Classic Entrepreneur. Wants to innovate‚ grow big and make a lot of money. The classic entrepreneur is not interested in starting a business to give herself a job. If you want to start a company‚ make it profitable and sell it‚ then you are a classic serial entrepreneur. The SAC Entrepreneurship and Innovation Program wants to make sure that everyone understands Classical Entrepreneurship. Most community college entrepreneur programs focus on small business
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Are You Cut Out to Be a Successful Entrepreneur? ABSTRACT First‚ there was an interview with a successful entrepreneur. Second‚ there was a talk on entrepreneurship by a guest speaker‚ Mr. Azmi Ahmad (the CEO of Skali.com) and later‚ an "elevator speech" by fellow students on various issues related to entrepreneurship. This collective information and some reading on entrepreneurship journals‚ books and articles have brought to the idea on writing this paper‚ towards certain perspective‚ on successful
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Contents Introduction 2 Short Summary 2 Common/different aspects of the paper 2 Conclusions 6 References 7 “Who is an entrepreneur?” Introduction “Who is an entrepreneur?” is a question that aroused many controversies and debates. Among many articles that talks about the entrepreneur and the process of entrepreneurship I will focus on three articles that tried to answer this question or demonstrated the uselessness of the question. Analyzing many different points
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A Successful Entrepreneur Thalia Lyn Name: Yvette Shim Skill: Cake Baking Institution: St. Patrick’s Foundation Instructor: Mrs. Patterson Date: February 9‚ 2015 Table of Contents Introduction…………………………………………………………………1 Acknowledgement………………………………………………………….2 Education and background………………………………………………….3 The PEC’s of the Entrepreneur………………………………………………4 The challenges faced in the business……………………………………….5 How was the challenges dealth with………………………………………..6 What kind of support was
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The Role of the Entrepreneur An entrepreneur is an owner of a business enterprise who makes money through risk and initiative‚ this is applied to persons who are willing to help launch a new venture or enterprise and accept full responsibility for a company’s output. The entrepreneur shifts economic resources out of a lower and into a high productivity and greater economic yields. Occupying the central position in a market economy‚ entrepreneurs are instigators of growth and progress and are pivotal
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Part I - 512 words Part (a) - 200 words Dear Patricia‚ Having read about your current situation in relation to your Lodge Bistro chain‚ I have identified several problems including: Inconsistency in the approach of managers High staff turnover Decor and furniture Training Stakeholder concerns Targets The high turnover of staff is costing the company valuable time and money‚ recruiting new staff and having to carry out training to enable them to be able to work in the Bistro. This is
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