blank Chapter 9 Notes

blank Chapter 9 Notes - Chapter 9: Building a New Venture...

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Chapter 9: Building a New Venture Team I. II. III. Creating a New Venture Team - the group of founders, key employees, and advisers that _______________________ ____________________________________________ . The team usually develops as the new firm can afford to _____________________. The team includes more than paid employees--boards of directors, boards of advisers, etc on whom they rely for _____________________. (Figure 9.1). IV.______________________ refers to the fact that companies often falter because the people who start them aren’t able to adjust quickly enough to their new roles and because the firm lacks a “track record” with outside buyers and suppliers. 1. The Founder(s) – significant impact on _________________________ Teams or partners start ___ to ___ percent of all new firms New ventures started by a team offer an advantage over those started by an individual because _____________ _________________________________________________________________________ Factors affecting the value of a team
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blank Chapter 9 Notes - Chapter 9: Building a New Venture...

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