Homework: Entrepreneurship and New Venture Creation
Length: 1200 words.
You are requested to discuss the following points, applying the concepts from the course:
1) Entrepreneurship & the Entrepreneur:
a) Discuss traits and attitudes of entrepreneurs and how they are key to create and grow a new business.
2) Business Model: based on the new venture you defined on homework or an existing incipient business (avoid businesses that have already escalated or are consolidated such as Airbnb, Glovo, Uber, Tesla, etc.)
a) Use the business model canvas to define the key elements of the business model and explain how the different elements of the business model are consistent, and support the value proposition and competitive advantage.
3) Funding:
a) In the case of your new business or the selected business, discuss which funding sources you would consider for its creation and/or growth and justify it. Outline the implications of the funding for you/the entrepreneurs and the business.
b) Identify which specific players of the ecosystem would be more interesting for you/the entrepreneurs to connect with, to get funding or advance in the project, and explain it.
Format your homework according to the following formatting requirements:
(1) The answer should be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides.
(2) The response also includes a cover page containing the title of the homework, the student's name, the course title, and the date. The cover page is not included in the required page length.
(3) Also include a reference page. The Citations and references should follow APA format. The reference page is not included in the required page length.