introduction to entrepreneurship Flashcards
1
Q
dorf and byers
A
vision —> strategy —> execution
2
Q
randy komisar
A
every venture capitalist wants…
big market
winning strategy
excellent team
3
Q
entrepreneurial process
A
PRE-FUNDING
idea generation and evaluation
business concept development
SEED STAGE
assembles resources
GROWTH STAGE
managing and growing
EXIT STAGE
harvesting and exit strategy
RELATE TO - participants - duration - resources - risks - goal
4
Q
reasons people want to become entrepreneurs
A
change the industry
change the world
fame
money
power
independence
