Success&Failure

Success&Failure - SUCCESS AND FAILURE Prof. to edit...

Info iconThis preview shows pages 1–6. Sign up to view the full content.

View Full Document Right Arrow Icon
Click to edit Master subtitle style 6/1/11 SUCCESS AND FAILURE Prof. Fitz Gibbon ENTP 301 – Chapter 11
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
6/1/11 ENTREPRENEURIAL “FAILURE” 1. Discontinuance: closure or voluntary exit 2. Bankruptcy: legal cessation & creditor losses 3. Loss-cutting: closure or sale before bankruptcy 4. Inadequate Earnings: return on investment that is consistently and
Background image of page 2
6/1/11 ENTREPRENEURS PERSIST “Entrepreneurship is survival.” Anita Roddick, Body Shop “I should go out and get a real job.” George Lucas, Star Wars “If you let failure bother you you’ll never succeed.” CEO, J. Peterman Co. “I couldn’t wait for success, so I went
Background image of page 3

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
6/1/11 Famous last words . . . “THOSE WHO NEVER MADE A MISTAKE NEVER TRIED ANYTHING NEW.” ALBERT EINSTEIN
Background image of page 4
6/1/11 SUCCESS = GROWTH PAINS Resource constraints: $50k vs. $50 million Raising more money: selling, selling, selling Juggling a lot of balls at once Analyzing while managing: what’s working, what isn’t, why?
Background image of page 5

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Image of page 6
This is the end of the preview. Sign up to access the rest of the document.

Page1 / 15

Success&Failure - SUCCESS AND FAILURE Prof. to edit...

This preview shows document pages 1 - 6. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online