MGT3960 Entrepreneurship Management Fall 2015

"There's a way to do it better—find it."— Thomas Edison

Author Archives: Imran Haraish

November 25, 2015
by Imran Haraish
Comments Off on Equity Financing

Equity Financing

1. What are various sources of equity investment? Public stock: Buying/selling stocks among publicly traded companies (NYSE/NASDAQ) Private equity: Venture capital- equity investments made for launch or early expansion of business Leverage buyout- strategy of making equity investments as part of transaction in which the company gains business assets from current share holders Growth Capital- … Continue reading Equity Financing → Continue reading →

November 18, 2015
by Imran Haraish
Comments Off on Early Stage Funding

Early Stage Funding

1. What sources of funding are available to entrepreneurs at the early stages of the company? Self-Funding: use personal resources to launch venture Moonlighting & part time consulting: founder is working a full time job to support self and business Bootstraping: being cost conscious (example; no/low rent, renting, used equipment, outsourcing) Family & Friends: not … Continue reading Early Stage Funding → Continue reading →

November 11, 2015
by Imran Haraish
Comments Off on Managing Resources: Money & People

Managing Resources: Money & People

1.  What financial measurements should be prepared to measure company procedures? There are 3 methods of measuring financial performance: Measuring sales volume Measuring profits Measuring cash generated 2. What are the categories and steps in preparing a financial budget? The 11 categories to preparing a financial budget are: sales, cost of goods sold, gross profit, … Continue reading Managing Resources: Money & People → Continue reading →

November 4, 2015
by Imran Haraish
Comments Off on Technology Entrepreneurship

Technology Entrepreneurship

1.  Name three factors that impact how a new technological innovation fits existing markets conditions. Must follow appropriate government regulations Enters more easily if it is compatible with existing products and standards Adheres to its position in the hype cycle 3. Name two factors that impact the “market window of opportunity”  Knowing where you are … Continue reading Technology Entrepreneurship → Continue reading →

October 28, 2015
by Imran Haraish
Comments Off on Social Entrepreneurship

Social Entrepreneurship

What is the primary driver of the social entrepreneur?-The primary driver of the social entrepreneur is social need. They are driven to make the world a better place and addressing social issues. Should green or cleantech ventures be classified as social enterprises? If so ,why?-I do believe that they should be classified as social enterprises … Continue reading Social Entrepreneurship → Continue reading →

October 7, 2015
by Imran Haraish
Comments Off on Setting Up the Company

Setting Up the Company

1.  What are the factors in deciding what form of ownership is best suited for the potential business? -The factors that determine what form of ownership is best suited for the potential business are first identifying the legal structure in regards to liability, law and attracting capital. Also you want to decide on the businesses … Continue reading Setting Up the Company → Continue reading →

September 30, 2015
by Imran Haraish
Comments Off on Why Business Plans Fail?

Why Business Plans Fail?

A business plan could fail for one of many reasons ranging from lack of information such as not conducting or including any primary research, the executive summary is unclear, or being heavily dependent on intellectual property as the only means to retain customers. Also a business plan should not be too long (over 25 pages) and must … Continue reading Why Business Plans Fail? → Continue reading →

September 16, 2015
by Imran Haraish
Comments Off on designing business models

designing business models

WHAT DEFINITION OF BUSINESS MODEL DO YOU FIND MOST USEFUL AND WHY? I actually find both versions of the business model very useful. The first model gives you the steps needed to make sure your product/ service will survive in the market. It allows you to identify the competition so you can create a business … Continue reading designing business models → Continue reading →

September 9, 2015
by Imran Haraish
Comments Off on The Art of Innovation

The Art of Innovation

1. Why is innovation important and how is it changing? The book states that “competition is becoming brutal” and “the internet has changed the rules of business”. I agree with these statements because if you lack the ability to see into the future then your business will perish. Technology is constantly evolving and being adapted … Continue reading The Art of Innovation → Continue reading →