FINANCING ENTREPRENEURSHIP VENTURES

This​ ​is​ ​a​ ​group​ ​report​ ​and​ ​my​ ​section​ ​is​ ​Financing​ ​Entrepreneurship​ ​Ventures 

referring​ ​to​ ​an​ ​interview.​ ​Interview​ ​transcript​ ​attached. 

No​ ​need​ ​for​ ​introductions​ ​or​ ​conclusions,​ ​just​ ​body​ ​paragraphs. 

Topics​ ​covered​ ​that​ ​need​ ​to​ ​be​ ​talked​ ​about​ ​are​ ​in​ ​the​ ​Powerpoint​ ​file​ ​attached. 

Please​ ​use​ ​topics​ ​in​ ​these​ ​slides. 

 

1000​ ​words Chicago​ ​16​ ​referencing MINIMUM​ ​6​ ​references   

You​ ​are​ ​required​ ​in​ ​your​ ​discussion​ ​to​ ​link​ ​and​ ​apply​ ​the​ ​theory​ ​principles​ ​and​ ​models 

relevant​ ​to​ ​your​ ​respective​ ​topics​ ​to​ ​the​ ​findings​ ​of​ ​the​ ​interview.​ ​Your​ ​discussion​ ​needs​ ​to 

demonstrate​ ​clearly,​ ​where​ ​“real​ ​life”​ ​relates​ ​to​ ​the​ ​theory​ ​and​ ​where​ ​at​ ​times,​ ​it​ ​might 

deviate​ ​from​ ​it.​ ​You​ ​might​ ​make​ ​some​ ​important​ ​observations​ ​that​ ​are​ ​not​ ​covered​ ​by​ ​the 

theory​ ​so​ ​please​ ​state​ ​these​ ​in​ ​your​ ​assignment​ ​as​ ​well.​ ​To​ ​highlight​ ​where​ ​linkages​ ​are 

made​ ​between​ ​reality​ ​and​ ​theory,​ ​it​ ​is​ ​necessary​ ​that​ ​you​ ​cite​ ​the​ ​relevant​ ​references​ ​from 

where​ ​you​ ​found​ ​your​ ​theory,​ ​principles​ ​and​ ​models 

Do​ ​not​ ​leave​ ​it​ ​to​ ​your​ ​instructor​ ​to​ ​draw​ ​the​ ​conclusion​ ​as​ ​to​ ​why​ ​the​ ​reference​ ​you​ ​used 

applied​ ​to​ ​your​ ​entrepreneur.​ ​This​ ​is​ ​your​ ​task.​ ​It​ ​is​ ​expected​ ​that​ ​you​ ​will​ ​refer​ ​to​ ​at​ ​least 

five​ ​references​ ​relevant​ ​to​ ​each​ ​of​ ​your​ ​topics. 

 

The​ ​body​ ​contains​ ​the​ ​main​ ​discussion​ ​of​ ​how​ ​your​ ​entrepreneur​ ​confirmed​ ​or​ ​disproved 

the​ ​theory.​ ​​ ​Each​ ​of​ ​the​ ​topics​ ​your​ ​group​ ​selected​ ​should​ ​form​ ​the​ ​subheadings​ ​in​ ​this 

section.​ ​​ ​For​ ​each​ ​topic,​ ​provide​ ​the​ ​evidence​ ​from​ ​your​ ​interview​ ​summary​ ​that 

demonstrates​ ​how​ ​your​ ​entrepreneur​ ​confirmed​ ​or​ ​disproved​ ​the​ ​theory​ ​and​ ​concepts​ ​you 

drew​ ​from​ ​your​ ​research.​ ​​ ​It​ ​is​ ​this​ ​task​ ​that​ ​will​ ​determine​ ​how​ ​well​ ​your​ ​group​ ​performs 

in​ ​this​ ​assignment.​ ​​ ​Be​ ​clear​ ​when​ ​you​ ​demonstrate​ ​how​ ​and​ ​why​ ​the​ ​evidence​ ​from​ ​your 

entrepreneur​ ​confirms​ ​or​ ​disproves​ ​the​ ​theory.​ ​​ ​Don’t​ ​just​ ​leave​ ​it​ ​to​ ​your​ ​instructor​ ​to 

make​ ​the​ ​connections​ ​and​ ​hopefully​ ​reach​ ​the​ ​same​ ​conclusion​ ​you​ ​did.​ ​​ ​It​ ​does​ ​not​ ​work 

that​ ​way.   

Here’s​ ​an​ ​example​ ​of​ ​what​ ​we’re​ ​looking​ ​for:  

​ ​Example​ ​of​ ​a​ ​discussion​ ​(of​ ​course,​ ​Mr​ ​X​ ​does​ ​not​ ​exist​ ​and​ ​there​ ​are​ ​no​ ​references​ ​by 

authors​ ​called​ ​Xxxx​ ​and​ ​Yyyy​ ​–​ ​these​ ​are​ ​just​ ​made​ ​up​ ​to​ ​provide​ ​you​ ​an​ ​example)  

  

This​ ​section​ ​will​ ​investigate​ ​the​ ​linkages​ ​between​ ​the​ ​entrepreneur​ ​interviewed,​ ​Mr 

X,​ ​and​ ​the​ ​research​ ​on​ ​strategic​ ​planning​ ​and​ ​entrepreneurship.​ ​​ ​During​ ​the 

interview,​ ​Mr​ ​X​ ​advised​ ​that​ ​when​ ​he​ ​commenced​ ​his​ ​business​ ​venture,​ ​his 

approach​ ​to​ ​strategic​ ​planning​ ​was​ ​very​ ​informal.​ ​​ ​This​ ​was​ ​mainly​ ​due​ ​to​ ​his​ ​lack​ ​of 

knowledge​ ​of​ ​the​ ​strategic​ ​planning​ ​process.​ ​​ ​As​ ​the​ ​business​ ​started​ ​to​ ​grow,​ ​he 

realised​ ​there​ ​was​ ​a​ ​need​ ​for​ ​more​ ​formal​ ​planning​ ​to​ ​help​ ​engage​ ​his​ ​employees 

with​ ​the​ ​vision​ ​he​ ​had​ ​for​ ​the​ ​firm.​ ​​ ​This​ ​transition​ ​from​ ​informal​ ​to​ ​formal​ ​strategic 

planning​ ​links​ ​well​ ​with​ ​Xxxx’s​ ​(2008)​ ​and​ ​Yyyy​ ​et​ ​al.’s​ ​(2012)​ ​research​ ​that​ ​found​ ​that 

entrepreneurs​ ​find​ ​the​ ​need​ ​to​ ​undertake​ ​more​ ​formal​ ​strategic​ ​planning​ ​as​ ​the 

business​ ​becomes​ ​more​ ​complex​ ​to​ ​run.​ ​​ ​Entrepreneurs​ ​find​ ​formal​ ​strategic 

planning​ ​is​ ​necessary​ ​to​ ​engage​ ​key​ ​stakeholders​ ​with​ ​the​ ​business​ ​(Yyyy​ ​et​ ​al. 

2012).​ ​​ ​Mr​ ​X’s​ ​following​ ​statement​ ​supports​ ​this​ ​view: 

  

“When​ ​I​ ​started​ ​the​ ​business,​ ​I​ ​had​ ​no​ ​clue​ ​how​ ​to​ ​plan​ ​strategically.​ ​​ ​I​ ​had​ ​lots​ ​of 

ideas​ ​but​ ​I​ ​didn’t​ ​share​ ​them​ ​with​ ​anyone.​ ​​ ​As​ ​the​ ​business​ ​grew​ ​and​ ​I​ ​started 

taking​ ​on​ ​employees,​ ​I​ ​realised​ ​I​ ​needed​ ​to​ ​share​ ​my​ ​vision​ ​and​ ​strategic​ ​planning 

with​ ​my​ ​employees​ ​if​ ​they​ ​were​ ​to​ ​be​ ​part​ ​of​ ​the​ ​firm’s​ ​future​ ​so​ ​I​ ​started​ ​to​ ​put​ ​a 

plan​ ​together”. 

  

Mr​ ​X’s​ ​transition​ ​from​ ​informal​ ​to​ ​formal​ ​planning​ ​in​ ​order​ ​to​ ​engage​ ​his​ ​employees 

aligns​ ​well​ ​with​ ​Yyyy​ ​et​ ​al.’s​ ​(2012)​ ​research​ ​findings​ ​since​ ​employees​ ​are​ ​key 

stakeholders​ ​of​ ​the​ ​As​ ​you​ ​can​ ​see​ ​from​ ​the​ ​above​ ​example,​ ​the​ ​connections 

between​ ​the​ ​theory​ ​and​ ​the​ ​entrepreneur​ ​are​ ​stated​ ​with​ ​segments​ ​from​ ​the 

interview​ ​summary​ ​used​ ​as​ ​evidence​ ​to​ ​support​ ​the​ ​student’s​ ​analysis. 

 

TOPIC​ ​:​ ​Funding​ ​for​ ​Entrepreneurial​ ​Ventures 

 

● Identify​ ​and​ ​distinguish​ ​between​ ​the​ ​main​ ​sources​ ​of​ ​entrepreneurial​ ​finance  ● Discuss​ ​the​ ​advantages​ ​and​ ​disadvantages​ ​of​ ​debt​ ​and​ ​equity​ ​financing  ● Explain​ ​how​ ​informal​ ​(angels)​ ​and​ ​formal​ ​venture​ ​capitalists​ ​differ​ ​from​ ​each 

other 

● Explain​ ​how​ ​venture​ ​capitalists​ ​assess​ ​venture​ ​funding​ ​proposals 

● Explain​ ​the​ ​role​ ​of​ ​venture​ ​capitalists​ ​in​ ​financing​ ​entrepreneurial​ ​ventures.