Market Strategies For Small Business Discussion 1 Week 1

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  Discussion 1: Entrepreneur Characteristics For anyone who has a good idea and wants to start a business, it is wise to reflect on exactly what that entails. The process involves much more than simply getting a loan and opening for business. Most new ventures require a considerable amount of sacrifice and hard work to bring a new idea to fruition. It takes a strongly committed individual to make this happen. In this Discussion, you will examine specific characteristics that are common among entrepreneurs and why these characteristics lead to successful start-up businesses. To prepare for this Discussion, complete the “Do you have what it takes?” quiz found on pages 12–13 in your textbook. After scoring your answers, take a few minutes and review the interpretation of your score. Do you think it is an accurate reflection of who you are as a potential entrepreneur? By Day 3 Post a cohesive and scholarly response based on your readings and research this week that addresses the following: What do you think is the most important characteristic for an entrepreneur to possess? Why? Is this something that can be learned or developed? Why, or why not? By Day 5 Respond to two or more of your colleagues’ postings in one or more of the following ways: Ask a probing question, substantiated with additional background information, evidence, or research. Share an insight from having read your colleagues’ postings, synthesizing the information to provide new perspectives. Offer and support an alternative perspective using readings from the classroom or from your own research in the Walden Library. Validate an idea with your own experience and additional research. Make a suggestion based on additional evidence drawn from readings or after synthesizing multiple postings. Expand on your colleagues’ postings by providing additional insights or contrasting perspectives based on readings and evidence. Return to this Discussion in a few days to read the responses to your initial posting. Note what you learned and/or any insights you gained as a result of your colleagues’ comments.

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