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Ba470 Week 1 Assignment

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Malincho Case Study Kalin searched for an opportunity, and on finding it, shaped the opportunity into a high-potential venture by drawing up a team and gathering the required resources to start a business that capitalized on the opportunity. In the process of starting the business, he risked his career, personal cash flow and net worth. The Timmons model bases itself on the premise that Kalin will earn rewards in commensuration with the risk and effort involved in starting or financing the business (e.g., Bygrave & Zacharakis, p. 37). 1. Apply the Timmons entrepreneurship framework (entrepreneur-opportunity-resources to analyze this case. Analyze and explain Kalin’s traits and how he gathered resources for his venture. According to …show more content…

3. What would be the concerns of a potential investor? There will always be questions and concerns from potential investor. How Kalin answers these question could mean the difference between failing, surviving, or thriving. Kalin should be prepared to answer these example questions clearly and concisely (e.g., http://www.businessweek.com/stories/2008-01-07/impress-potential-investors-in-12-stepsbusinessweek-business-news-stock-market-and-financial-advice). * What is the opportunity? * What is the model? What is the strategy? * What gives Kalin the special advantage over his comptetors? * How do you know you will have customers? * How do you connect to your customers? * What are the margins? References Bygrave, W., Zacharakis, A., (2011). Entrepreneurship 2ed. John Wiley & Sons, Inc Nayab, N., (2013). Understanding the Timmons Model of Entrepreneurship. Date Retrieved June 25, 2013 http://www.brighthub.com/office/entrepreneurs/articles/73336.aspx#imgn_0 Resnick, R., (No Date). 10 Ways to Grow Your Home Based Business. Date Retrieved April 28, 2013 http://www.entrepreneur.com/article/71910 * slide 1 of

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