1. Overall Assessment Kalin Pentchev created an increasingly growing business out of confidence‚ determination and sheer luck. Building a company from scratch is complex and certainly takes some of these qualities to persevere‚ but must also take planning‚ analysis and strategy. While Kalin displayed confidence‚ which Professor Sarathy explained contributes to a company’s success‚ it was gained from his own determination not to fail‚ rather than from having an understanding of international
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Malincho Case Study Analysis By: Faraz‚ Jadee and AmbreenProfessor: Tobar Byron Subject: International Strategic Management (BMI703) Date: 09/ 08/ 2014 Table of contents Executive summary the Problem/Opportunity the Organization’s current mission‚ goals and strategies the company ’s internal strengths and weakness (SWOT analysis) recommendation Selected recommendation Action Plan Implementation Conclusion Executive summary: Kalin is a Bulgarian entrepreneur. He tried to establish
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MICA Case Study: Malincho 1. Timmons Model of Entrepreneurial Process The Timmons model was developed by Jeffery Timmons to help entrepreneurs improve their odds of success. The model centres on that the entrepreneurship is opportunity driven. According to this model‚ first of all‚ it is the entrepreneur‚ who is the driving factor in launching a new company. Within the three components‚ the process starts with a market opportunity‚ where the size and type of opportunity will define the team
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Malincho Case Study The Timmons entrepreneurship is a model that considers opportunities teams and resources available to an entrepreneur and holds that success depends on the ability of the entrepreneur to balance these critical factors. When applying the first part of the Timmons model to the Malincho case‚ Kalin got the idea of importing feta cheese and selling it to fellow Bulgarians on the East coast of America who were hungry for a taste of home. Once he identified this opportunity‚
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October 16th Submission: Type and print your homework on A-4 size paper (in case of two pages‚ staple them)‚ then submit to the box in the class room. Ch.1 Case 1: Malincho ID#: 12412091 Name DO BAO NGOC List up three success factors for Malincho up to today‚ and explain the details. 1. The very first success factor for Malincho would be considered is the creative idea of importing feta cheese. Kalin understood clearly consumers’ psychology who live far away from their home country and were
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had a major breakthrough – his innovation. He established website Malincho and started to promote credit sales. 2. Kalin’s knowledge in finance and accounting indeed helped him in rising and handling money. He explained his friends who had expressed interest and encouragement about his business and finally rose $40‚000 as a capital. With a very limited source of capital‚ he made sure to keep up the money flow. Even until now‚ Malincho could keep the price low while keep the quality up. 3. Kalin’s
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Case 1: Malincho (Word limit: 1000 words‚ A4‚ 12-times new roman‚ 1.5 line spacing) Q1. What is the Case all about? Q2. Please describe Mr. Kalin Pentchev’s personality Q3. Is It a good opportunity for Kalin’s business? Q4. Where did Kalin find the capital? Equity or Debt? Q5. How well is Malincho doing 18 months after it opened its doors ? Q6. Would you loan money or invest in Malincho? Q7. What are your suggestions to Kalin? Malincho’s case is about a recently former Bulgarian entrepreneur
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Malincho Case Study Kalin searched for an opportunity‚ and on finding it‚ shaped the opportunity into a high-potential venture by drawing up a team and gathering the required resources to start a business that capitalized on the opportunity. In the process of starting the business‚ he risked his career‚ personal cash flow and net worth. The Timmons model bases itself on the premise that Kalin will earn rewards in commensuration with the risk and effort involved in starting or financing the business
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Global Entrepreneurship Program Entrepreneurship Boot Camp (6 ECTS‚ 36 hours‚ one week intensive seminar) Professor: Telephone: E-mail: Frédéric Delmar‚ PhD +33 (0)4 78 33 70 18/+46 8 665 45 32 delmar@em-lyon.com Office hours: Assistant: Friday‚ 9:00 – 12:00‚ or by appointment Elisabeth Gelas (gelas@em-lyon.com) Class Meetings Monday to Friday 08:30 am – 05.30pm Saturday 08:30 am – 12:00 am September‚ 5th September 10th‚ 2011 Course Materials: Textbook and a set of
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