Entrepreneurship Assignment # 1
Entrepreneurship Awareness
This assignment is a modification of the end-of-lesson one assignment in the
Introduction to Entrepreneurship: Student Guide.
Assignment:
In addition to number one, below, complete the combination of items as
instructed by your professor. Some assignment components may be completed
exclusive of others.
1. Identify a business or industry that you feel passionate about. Attempt to
identify something in which you are likely to consider starting a business if,
in fact, that is your goal.
2. Find at least three trade journals, periodicals, and/or magazines devoted
to that field. From articles in these periodicals, what attributes and
variables seem relevant for success in the respective business or
industry? Why is this likely?
3. Visit at least two businesses in the industry you chose.
a. Compare them with respect to the business model in lesson one in
the Study Guide. Describe the attributes of each business in terms
of the business model.
b. Which business do you believe has a greater chance on continued
success? Explain your answer and justify your opinion. For the
business you believe is likely to be more successful, consider the
typical entrepreneurial myths. (Chapter 2) Which myths can you
debunk and why? Are any of the myths true for this business?
Explain.
Do cite information and research sources appropriately.
@2003Cynthia M. Simerly