- Subject: Entrepreneurship. - Mandatory book for this week's assignment (file attached - please include in citations): Hisrich, Robert D., Peters, Michael P., Shepherd, Dean A.. (2020). Entrepreneur

1. Wh at a re th e th re e fa ste st- g ro w in g c o m pa nie s in th e c o u ntr y ? W hat o pportu nit ie s

have th ey p urs u ed to a ch ie ve th is le ve l o f g ro w th ? W hat g ro w th m ech anis m h ave

th ey u se d ( in te rn al, jo in t v e ntu re , a cq u is it io ns, fr a nch is in g, e tc .) ?

2. Id entif y a lo ca l fr a nch is e in y o ur a re a, a nd d ete rm in e w here th e c o m petit o rs a re

lo ca te d a nd w here o th er fr a nch is e s fr o m th e s a m e o rg aniz a tio n a re lo ca te d.

E va lu ate th e e xis tin g p ote ntia l fo r th e fr a nch is e .

3. If y o ur fa m ily h ad a h ig hly s u cce ssfu l b usin ess, w ould s u cce ssio n to th e n ext

g enera tio n ( y o u a nd/o r y o ur s ib lin gs) lik e ly b e s m ooth , o r w ould th ere b e th e

pote ntia l fo r c o nflic t a nd h urt fe e lin gs? W hat w ould b e a “ fa ir ” w ay to s e t u p

su cce ssio n?

4. W rit e a n a cco unt o f th e e m otio ns th at y o u fe lt w hen s o m eo ne o r s o m eth in g c lo se

to y o u w as lo st fo re ve r ( y o u w ill n ot b e r e quir e d to p re se n t th is to th e c la ss). H ow

did th ese e m otio ns im pact y o ur a bilit y to p erfo rm o th er ta sks? H ow d id y o u

ove rc o m e th ese n egativ e e m otio ns? T o w hat e xte nt d o y o u b elie ve th at

entr e pre neurs g o th ro ugh a s im ila r p ro ce ss w hen th eir b usin esse s fa il?