Fall 2015 Creating A New Venture Answer The Following As Com
Fall 2015creating A New Ventureanswer The Following As Complete As Pos
Part 1: Answer the following questions as thoroughly as possible. Please format your responses in a double-spaced Word document with 12-point font.
1. Many successful entrepreneurs and private investors say it is just as bad to start out with too much money as it is with too little. Why is this so? Provide examples to illustrate your points.
2. How would a banker evaluate a loan application differently than an angel investor reviewing a business plan? Explain the differing perspectives and criteria used by each.
3. What is a company’s worth? Describe the theoretical concept of company valuation and contrast it with real-world practice.
4. Discuss the advantages and disadvantages of using debt financing, angel investment, and venture capital for funding a startup.
5. When selecting outside investors, including board members or consultants, what are the most important criteria to consider and why? Explain how these criteria impact the success and growth of a venture.
Part 2: Reflective Paper (Maximum 4 Pages)
Write a reflective essay discussing what you have learned during this course regarding entrepreneurship and creating a new venture. Organize your paper using headings for clarity. Reflect on insights gained from the textbook, class discussions, guest speakers, your project, external readings, and peer interactions. Identify any “AHA” moments—concepts or ideas that significantly resonated with you. Consider how you might apply these learnings in your future career, whether in entrepreneurship, graduate studies, or other professional settings. Focus on summarizing your personal growth, understanding of the entrepreneurial process, and the practical value of your knowledge.
Part 3: Bonus - Short Paragraph
Describe how you have applied the Fish Philosophy in your daily life. Provide one or two real-life examples demonstrating its influence on your behavior or mindset.
References
- Blank, S., & Dorf, B. (2012). The Startup Owner's Manual: The Step-by-Step Guide for Building a Great Company. K & S Ranch.
- Burns, P. (2016). New Venture Creation: Entrepreneurship for Profit, Growth, and Innovation. Palgrave Macmillan.
- Hisrich, R. D., Peters, M. P., & Shepherd, D. A. (2017). Entrepreneurship. McGraw-Hill Education.
- Kuratko, D. F. (2017). Entrepreneurship: Theory, Process, Practice. Cengage Learning.
- Ries, E. (2011). The Lean Startup: How Today's Entrepreneurs Use Continuous Innovation to Create Radically Successful Businesses. Crown Business.
- Sahlman, W. (1999). How to Write a Great Business Plan. Harvard Business Review, 77(2), 98-108.
- Schumpeter, J. A. (1934). The Theory of Economic Development. Harvard University Press.
- Von Geldern, J., & Flies, K. (2019). Entrepreneurial Finance. Routledge.
- Zacharakis, A., & Meyer, G. (2010). Strategic Entrepreneurial Finance. Wiley.
- Collins, J., & Porras, J. I. (1994). Built to Last: Successful Habits of Visionary Companies. HarperBusiness.