BUS116

Overview, Learning Objectives, Class Preparation

CHAPTER 10-Business Growth and the Entrepreneur

OVERVIEW

This chapter discusses the effect of company growth on the entrepreneur. It identifies the different skills needed by entrepreneurs as their companies grow, how the entrepreneur’s personality and company size must match, and why some entrepreneurs become dissatisfied when a company grows to a large size. Finally, it discusses options available to the entrepreneur if he or she does not find fulfillment running a large company.

LEARNING OBJECTIVES

To understand how the skills needed by the entrepreneur will change as the business grows.
To comprehend why the entrepreneur should consider tailoring the size of the business to his or her personality.
To be able to explain why some entrepreneurs become dissatisfied when a company grows too large.
To understand the entrepreneur’s option if the company becomes too large.

Format for Discussion Questions: Typed, (Question in bold) followed by your answer. May be submitted in class paper copy, email, or Blackboard.

Classprep:

READ CHAPTER 10

CASE STUDY DUE

Select the concept you will use to write your business plan. We will discuss your selection during class

Be prepared to discuss your answers in class.

Power Point Slides