Question

HELP ASAP 100 POINTS

Prompt
Choose two entrepreneurs from the provided list and conduct research on their company and or product. Using complete sentences, discuss the entrepreneurs and the companies they founded. Include information about their motivation for creating their businesses. In your response, be sure to address:

Incentive: Discuss the entrepreneurs’ goals. For example: Why did these entrepreneurs create the products or companies? Did they seek to solve a particular problem with their product, service or company?
Successes: Discuss accomplishments. For example: what are some things that the companies, products, or entrepreneurs have achieved? Have they won any awards? Have the companies provided a benefit to any communities?
Revenue: Discuss profit. For example: how much profit do the companies make? Are the companies publicly traded? How many people do the companies or entrepreneurs employ?

Answer 1

Choose two entrepreneurs from the provided list and conduct research on their company and or product. Using complete sentences, discuss the entrepreneurs and the companies they founded. Include information about their motivation for creating their businesses. In your response, be sure to address:

Incentive: Discuss the entrepreneurs’ goals. For example: Why did these entrepreneurs create the products or companies? Did they seek to solve a particular problem with their product, service or company?

Successes: Discuss accomplishments. For example: what are some things that the companies, products, or entrepreneurs have achieved? Have they won any awards? Have the companies provided a benefit to any communities?

Revenue: Discuss profit. For example: how much profit do the companies make? Are the companies publicly traded? How many people do the companies or entrepreneurs emp

Step-by-step explanation:

Answer 2

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Summary. Diversify your product line. Stick to your knitting. Hire a professional manager. Watch fixed costs. Those are some of the...more

Of the hundreds of thousands of business ventures that entrepreneurs launch every year, many never get off the ground. Others fizzle after spectacular rocket starts.

A six-year-old condiment company has attracted loyal customers but has achieved less than $500,000 in sales. The company’s gross margins can’t cover its overhead or provide adequate incomes for the founder and the family members who participate in the business. Additional growth will require a huge capital infusion, but investors and potential buyers aren’t keen on small, marginally profitable ventures, and the family has exhausted its resources.

Another young company, profitable and growing rapidly, imports novelty products from the Far East and sells them to large U.S. chain stores. The founder, who has a paper net worth of several million dollars, has been nominated for entrepreneur-of-the-year awards. But the company’s spectacular growth has forced him to reinvest most of his profits to finance the business’s growing inventories and receivables. Furthermore, the company’s profitability has attracted competitors and tempted customers to deal directly with the Asian suppliers. If the founder doesn’t do something soon, the business will evaporate.