Marvin Ryder Assistant Professor, Marketing & Entrepreneurship

Marvin RyderAssistant Professor, Marketing & Entrepreneurship

MBA P715Entrepreneurship

Week 1

Group Discussion Questions1) To you, what is entrepreneurship?

2) Since this is an elective course, why do you want to study entrepreneurship?

3) What do you see as the advantages and disadvantages of becoming an entrepreneur?

4) What are the key success factors for entrepreneurship?

5) What ideas would you like to pursue as an entrepreneur?

Business Life Cycle

Phase 0 Phase 1 Phase 2 Phase 3 Phase 4 Phase 5

Idea toStart-up

Owner-Operator

Owner-Manager

EmergingFunctional

ManagementTransition Transition

Owner as Manager Functional ManagementOwner as Operator

Emergence of theGeneral Management Role

P715 P720

The Entrepreneurship/Management

Balance

Owner-Operated Owner-Managed Functional Organization

100%

0%

Entrepreneurship

Management

The Entrepreneurship Puzzle

Group Discussion Questions1) To you, what is entrepreneurship?

2) Since this is an elective course, why do you want to study entrepreneurship?

3) What do you see as the advantages and disadvantages of becoming an entrepreneur?

4) What are the key success factors for entrepreneurship?

5) What ideas would you like to pursue as an entrepreneur?