Introduction: In fulfillment of our challenge the following questions appear:
- Question #1): On page 37 of their business plan (page 298 in your textbook), the section “The Team” briefly lists the founder’s information. While in the case study there was not specific discussion about the attribute of the co-founders, think and hypothesize a about a possible list of attributes that you think the co-founders may possess. Which three are the most important; why do you think so? How did these attributes help them succeed?
- Question #2): Does the business plan tell a coherent and compelling story? Does the plan capture all the learning that Antonio and JB have accumulated? What are the three strongest aspects of the plan? What three areas need improvement’s? (Bygrave & Zacharakis, 2014). Explain why you choose the improvements that you choose and what you think will be the result if the improvements you recommend are implemented.
- Question #3: What three questions do you think Antonio and JB need to answer through further planning before they launch the venture? (Bygrave & Zacharakis, 2014). Share the rationale and logic behind your questions.
- Question #4: Would you invest in this firm? Why or why not? Share the reasoning and the rational for your decision to invest or not invest in this firm.
P’kolino Co-founders Attributes:
The hypothesized list of attributes are as follows:
How did these attributes help them succeed?
Business Plan: Does the business plan tell a coherent and compelling story? Does the plan capture all the learning that Antonio and JB have accumulated? What are the three strongest aspects of the plan? What three areas need improvements? Explain why you chose the improvements that you chose and what you think will be the result if the improvements you recommend are implemented.
- What is this product really?
- What problem does this product solve?
- Is this product unique?
- …….. something people will need or want?
- Is this product easily demonstrable?
- How has the company planned-out how to make it?
- Who is the target market?
- Is it safe to use?
- How is continued or add on revenue going to be achieved? (Greiner, 2014)