Successfully Launching New Ventures contains the following features to facilitate learning: Clear organization around a four-part entrepreneurial process Part 1: The Decision to Become an Entrepreneur Part 2: Developing Successful Business Ideas Part 3: Moving from an Idea to an Entrepreneurial Firm Part 4: Managing and Growing an Entrepreneurial Firm UPDATED! Thoroughly revised chapter content reflects the latest firms and trends in entrepreneurship. The text begins with strong chapters containing the most up-to-date information on opportunity recognition and feasibility analysis, key activities when investigating a new business idea. First Screen Template in chapter 3 provides a model on which to devise a feasibility analysis for a potential business concept, encouraging students to think seriously about their ideas. A text that teaches through real world examples NEW! Opening profiles begin each chapter with a spotlight on an entrepreneurial firm started when its founders were in college, inspiring students for an early entrepreneurial start. Student Entrepreneurs’ Insights at the bottom of every opening profile are interviews with the featured entrepreneurs. NEW! What Went Wrong?, Savvy Entrepreneurial Firm, and Partnering for Success boxes throughout the text alert students to contemporary issues facing business firms, and explore topics such as how to find a mentor, how to select a co-founder, and how to avoid mistakes that have been unsuccessful in the past. Examples and Anecdotes throughout the text provide descriptions of both successful and unsuccessful approaches to confronting the challenges discussed in each chapter. Examining Failures boxes in each chapter contains explains the missteps of seemingly promising entrepreneurial firms. This text highlights the fact that things go wrong when the fundamental steps in the chapters aren’t carefully followed. UPDATED! You Be the VC features at the end of each chapter give students a chance to pitch funding for hypothetical business ventures, exercising their knowledge and sparking classroom discussion. UPDATED! End-of-chapter Cases relate major chapter concepts to real business cases. UPDATED! References to real academic journals on the subject have been thoroughly analyzed and added into the text. NEW! An inclusion of the Barringer/Ireland Business Model Template Provides a sound template through which students can articulate the business model for their proposed firm. Pedagogical features that help facilitate the learning process Learning Objectives at the beginning of each chapter outline major chapter concepts before diving into new material. Checking for Understanding Questions at the end of each chapter give students every opportunity to test their understanding of the concepts in the text. Internet Resource Table in Chapter 3 connects students with outside resources that may help their business ventures.
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