The objective of this assignment is to make you aware of what it's really
like to be an entrepreneur. An additional benefit is that it will get you out into the real world where you can practice your networking, consulting and interviewing skills.
Entrepreneurship is more than just starting a
business, it's a lifestyle choice. Your goal in this assignment is to
see what makes someone want to be an entrepreneur rather than an
employee or a professional. Using the characteristics of successful
entrepreneurs outlined in the text (Chapters 1, 2) along with other sources your
background research uncovers, your mission is to discover if a local
entrepreneur matches the model and, if not, what in their personality
or personal history lead them to become an entrepreneur.
- Identify a local
individual who you consider to be a successful entrepreneur. While not
required, I very strongly recommend you select someone who is in the
technology manufacturing or licensing business, as you might also "pick
their brains" regarding your project and possibly recruit them for your
"board". Please look outside of your immediate family
- Interview
the entrepreneur. Ask them a list of questions (at least 10) that help you to
understand their career path. (See notes below for thoughts on the
types of questions.)
- Write a report detailing what you
learned about entrepreneurs and entrepreneurship from the individual. What conclusions do you make? Has this interview impacted how you will appraoch your project? Your career?
- Your actual report should be 5-pages or less. Use a business report format. Please list any research sources you used and include your questions and a summary of the answers you received in the appendix. (I don't include appendices in the page count.)
- Grade: 15%
- Format: email as a word or pdf attachment (ehj@sfu.ca) or hard copy
- Due date: start of class on Wednesday 10 September
Notes:
- arrange to meet
your entrepreneur in person. It is a good idea to offer to take them to
lunch or buy them a coffee as this provides a neutral, non-threatening
environment for the interview to take place away from typical office
interruptions. (They were going to go for a coffee or lunch anyway, so
I'll bet most will foot the bill)
- I recommend you develop
a series of open and closed ended questions. Open ended questions can
be used to cover things like how they got started, the sequence of
events that got them to where they are now, and general conclusions
they can draw from their experiences. Closed-ended questions can be
used when asking about specific issues where and how they obtained
their financing, their board, their partners and how they structured
their business.
- To
help with the preparation of your report, its a good idea to record the
interview so you can use direct quotes in your paper to reinforce
points. If you don't have a recorder, please take careful notes.
- Be businesslike. Send
your entrepreneur an agenda and your questions well in advance of the
meeting. Be sure to confirm time and location as well as your contact
information in case they have to postpone. Confirm the amount of time
you require and be sure to stick to it. I recommend 30-60 minutes. Be
certain to explain to the entrepreneur that you are asking for the
interview as part of a class assignment.
- Can't find an entrepreneur? Ask your classmates. Contact an industry association or small business BC. Ask your parents, other instructors, Facebook friends...
- You might want to research how
to write a good agenda and a good business report. If you find a good article, share with the
class in the discussion forum for class participation points
- As a courtesy, please be sure to send your entrepreneur a brief thank you note!
Questions? Recommendations?
- please use "add new comment" below.