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.