ENT 630 – Co-written with Essence Walton Why is it important to consider the implications of veil piercing in the planning stages of an organization; and how can a company maintain the “corporate veil?” Veil piercing can be detrimental to the owners, stockholders, and employees of a business entity. For this reason, it is imperative […]
Category: Entrepreneurship
ENT 360 Organizational Growth – Co-written with Merida Bohanemus All good things come to an end, right?! It is important for businesses to write into their agreements and plan/ an exit strategy. Market Business News defines a harvest strategy as “a business plan for either canceling or reducing marketing spending on a product,” (Nordqvist, 2018) […]
ENT 630 Organizational Growth Growth strategy is “Strategy aimed at winning larger market share, even at the expense of short-term earnings.” (https://businessdictionary.com) When it comes to taking a business to next level, there are many strategies which can be used to promote growth. However, one particular strategy is usually at the forefront of this topic […]
There may come a time in a founder’s journey when he or she must admit the financial resources have been tapped out. Of course, there is no shame in this as many startups would not be able to get very far without the help of outside investors. After weighing the risks involved, that founder may […]
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Rolling with the Go-Getters
Emotional detachment can be viewed as a harsh character flaw under certain circumstances. Let’s face it; it is tough to deal with someone who seems uncaring and unapproachable at best. It is also fair to say we have been conditioned to only accept things that have been properly sugar-coated to our liking. Under these conflicting […]
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Who’s in Charge, Anyway?
I am sure just about everyone has heard the term “too many chiefs” and may have even experienced this phenomenon at school or on the job. While this is almost always an unpleasant situation, it can be very detrimental to a new startup. Choosing who gets the title of CEO in a company can be […]
Birds of a feather, as the old adage goes, they all flock together. And with that, it can also be reasoned that any flock, or team, for the purpose of this discussion, no matter if we are discussing a football team or a global media conglomerate, is only as strong as its most valuable members. […]
Building social and financial capital are both necessary components of establishing a business that is destined to become successful in the long run. Without them, aspiring entrepreneurs could be setting themselves up for failure right from the beginning. Many new organizations are lacking either a strong social network or essential funding or both. Seeking these […]
According to Paul B. Brown, contributor to Forbes, “There are many different ways of being a CEO and unfortunately a majority of people gravitate toward the old command and control model where the boss’ fingerprints can be found on everything” (Brown, 2014.) Micromanaging in the name of getting rich can be extremely time-consuming and exhausting […]
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The Accidental Entrepreneur
Ten years ago, I started an automotive repair business with my, now, ex-husband. We had no capital, no education, and no idea what we were doing. He was a mechanic by trade and I was a young mother who had experience as a part-time assistant manager in the restaurant and retail industries. We had no […]
Project Idea Evolution 