98%(42)41 out of 42 people found this document helpful
This preview shows page 4 - 6 out of 7 pages.
Many resort offer packages to large groups over the number of ten participants for three days. Resort packages range from two to four hundred dollars. At the resort, classes could be offered, barbecues, workshops, parent group sessions, and many other activities provided by DayOne with the help of the resort of choice. DayOne employees should go to local community gatherings and network with those who are the face of San Francisco. Many politicians, private investors, etc. are in attendance of these events and want to put their money where it counts. Another great idea for DayOne to raisefunds would be to attend school P.T.A Meetings for the children. Donations could be taken for future expectant mothers. Applying for government grants would also help Andrew with funds tomake his business more lucrative in the future. Potential InvestorAlthough Andrew and Sallie have proven the model for DayOne, being a potential investor is not a definite yes. In today’s society, social media has taken over with what new, expectant parents should look forward to. DayOne will rarely be utilized due to mothers being able to click information on Google or YouTube from their phone or laptop. Andrew has no solid validity to what he wants his company to become over the next five to ten years. Ann had an idea
Financing Entrepreneurial Ventures DayOne Case5to push Andrew out of the C.E.O seat due to his inability to run his country to make it great. The Prince, Samir, who wanted to invest the five billion dollars into the new venture fund saw what Andrew refused to see. Although DayOne is your creation, it is also in everyone else’s best interest that Andrew stays on the board as majority stockholder to make decisions for the company but not run it as he currently has due to the inability to make what the company could potentially gain.Concerns One May HaveThe biggest concern held for DayOne is the inconsistency to keep the funds flowing within the company. Although the company seems to do well in numbers, the numbers have only risen an extra hundred thousand dollars a year in retail sales. The best interest for DayOne wouldbe to hire new staffing as suggested by Ann. The current team has to have determination, drive, and aggressiveness to overtake the industry by surprise. The team is slacking big time and letting Andrew seek alternatives when they should offer some assistance by researching also. Another