College Name: WILLIAM WOODS UNIVERSITY
Subject: Entrepreneurship
Course Code: BUS-206
Title: WEEK 6 DISCUSSION
Question 40970: Discussion Topic:
According to the textbook authors, Laverty and Littel (2021), entrepreneurs should recognize that failure is part of the success of being a business owner. See Figure 10.6 of Chapter 10. What lessons can you learn from this graph? See Table 10.4 Tips for Converting Lessons to Successes.
College Name: WILLIAM WOODS UNIVERSITY
Subject: Entrepreneurship
Course Code: BUS-206
Title: WEEK 5 DISCUSSION
Question 40969: Discussion Topic:
A brand advocate is a loyal, enthusiastic consumer that shares their passion for your product or service with others. A few high-profile brand advocates for popular products are Michael Jordan (Nike) and Deion Sanders (Under Armour). However, brand advocates aren’t always high-profile individuals. They can be anyone that is passionate about your product or service.
• Who are some brand advocates that you know, and how can they help you market and build awareness for your product or service?
College Name: WILLIAM WOODS UNIVERSITY
Subject: Entrepreneurship
Course Code: BUS-206
Title: WEEK 4 DISCUSSION
Question 40968: Discussion Topic:
See the Entrepreneurial Problem-Solving Diagram (Figure 6.3) at the beginning of Chapter 6. It is important for an entrepreneur to understand and develop these problem-solving skills to manage a successful startup. How can you apply “each” of these skills when developing a business plan for your product or service?
College Name: WILLIAM WOODS UNIVERSITY
Subject: Entrepreneurship
Course Code: BUS 5480
Title: WEEK 3 DISCUSSION
Question 40967: Discussion Topic:
Refer to Chapters/Sections 4.1 and 5.1. Many entrepreneurs like Chris Johnson, who invented the ramen noodle cooker, had an ordinary problem they were trying to solve.
• What is an ordinary problem you could solve if you could invent a product or introduce a service? Please provide the group with details about your product or service. In the upcoming weeks, you will develop the Vision Statement, Mission Statement, Goals, Brief Pitch, and a Lean Business Plan for your idea.
College Name: WILLIAM WOODS UNIVERSITY
Subject: Entrepreneurship
Course Code: BUS-206
Title: WEEK 2 DISCUSSION
Question 40966: Discussion Topic:
Watch the video Interview with Mark Faris – White Collar Convicted Felon and post in the discussion forum regarding the following question. Some small entrepreneurs and/or small businesses owners do not have the budget for a human resources department. This makes compliance with employment laws and ensuring ethical behavior challenging. What steps would you take to comply with federal and state employment law and to foster an atmosphere of transparency and high ethical standards without having a human resources specialist on staff?
