Overview There is much that you can learn from other experienced entrepreneurs. Many new businesses are started every year, so receiving external input can give you an advantage when beginning your own entrepreneurial venture. A good way is to start looking around you. Is there an entrepreneur you know who you would like to hear insights from? For this assignment, arrange for an interview with that entrepreneur and prepare thoughtful questions to ask. This will be helpful in the course as you work on your Business Model project. Instructions choose an entrepreneur (preferably not a family member) and Talk about about their job and entrepreneurial journey. Approach the interview with a goal in mind and think of specific questions that could help you achieve that goal. Some examples of these questions might include the following: Why did you choose to become an entrepreneur? What is your approach to risk? What customer segment do you cater to? How did you choose your customer segment? Do you have key partners? Who are they? How did you find them? How many previous iterations of this business do they have? After your interview, submit a document on Canvas with answers to the following questions: Who did you interview? With what goal did you approach the interview? What did you learn

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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Overview

There is much that you can learn from other experienced entrepreneurs. Many new businesses are started every year, so receiving external input can give you an advantage when beginning your own entrepreneurial venture. A good way is to start looking around you. Is there an entrepreneur you know who you would like to hear insights from? For this assignment, arrange for an interview with that entrepreneur and prepare thoughtful questions to ask. This will be helpful in the course as you work on your Business Model project.

Instructions

choose an entrepreneur (preferably not a family member) and Talk about about their job and entrepreneurial journey. Approach the interview with a goal in mind and think of specific questions that could help you achieve that goal. Some examples of these questions might include the following:

  • Why did you choose to become an entrepreneur?
  • What is your approach to risk?
  • What customer segment do you cater to?
  • How did you choose your customer segment?
  • Do you have key partners? Who are they? How did you find them?
  • How many previous iterations of this business do they have?

After your interview, submit a document on Canvas with answers to the following questions:

  • Who did you interview?
  • With what goal did you approach the interview?
  • What did you learn
Expert Solution
Step 1

Note: “Only the first part of the question has been answered as the remaining parts seem highly subjective. The first part has been answered in a generalized manner.”

 

An interview can be conducted for various reasons such as to collect valuable information, analyze an individual’s capabilities and skills, learn from them, etc. It is a type of conversation between individuals that involves the exchange of questions and their answers.

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