Strategies for Entrepreneurs
What she means by these concepts, and whether these ideas are inherently conflicting. In other words, please discuss whether it is realistic for an entrepreneur to both understand where his or her business is trying to go, yet simultaneously learn and respond to new “things you don’t know” along the way? Is she arguing one must be both steadfast and adaptable?Reference:Forbes. (2012, March 7). Top five startup tips from Spanx billionaire Sara Blakely [Video file]. Retrieved from https://www.youtube.com/watch?v=Knjx4KsqBG4ExpansionIdentify an entrepreneurial venture and in a 250-300 word response, answer the following questions: What circumstances might encourage the entrepreneur to enter into a new business area by acquisition? What different circumstances would encourage the same entrepreneur to merge with another company?
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