Week 1 7/09/2017

Discussion 1

"The Life Cycle” Please respond to the following:

· Speculate to the specific stage in the life cycle of a business that the average entrepreneur would likely not fully be prepared to handle. Provide a rationale with your response. Then, make a recommendation for helping the entrepreneur be better prepared for that life cycle.

· An entrepreneur must make many decisions during each stage of the life cycle of a business. Assess which decision may be the most difficult decision for an entrepreneurial to make and what may help to prepare for this stage of decision making. Provide a rationale with your response.

Discussion 2

"Entrepreneurial Fundamentals" Please respond to the following:

· All entrepreneurs want to be paid for their hard work, yet it is often the entrepreneur who is last to be paid. Determine a rule of thumb entrepreneurs should follow when financing a venture to ensure future payment for services rendered.  

· From the e-Activity, create two (2) best practices entrepreneurs should follow when working with venture capitalists and make a recommendation on how each would be implemented.

Discussion 3

Building a Sustainably Successful Organization.” Please respond to the following:

· Explain the concept of a business and the importance of a strategic mission.

· Discuss the concept of a business and how a strategic mission contributes to success or failure.

· Discuss the central theme of a core strategy for a business.

Discussion 4

Key Organizational Development Tasks.” Please respond to the following:

· Explain how an organization develops a market for its products and services.

· Discuss the operational systems that are essential for effective day-to-day operations and the management systems required for the long-term growth and development of the organization.

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