Enfb 4170 exam 1stuvia Study guides, Class notes & Summaries

What are the four steps to the *entrepreneurial strategy*? - ANSWERSthink big, start small, fail quickly, and grow fast What are the 3 advantages to *thinking big* - ANSWERS1. get investors attention 2. get a greater return 3. make it easy to inspire people/recruit What are the 4 advantages to *starting small* - ANSWERS1. minimizes losses from failures 2. raise smaller amount of money, meaning less dilution of ownership 3. less time to raise less amount of $ 4. easier to measure resu...