EGGS Enterpeneur goes to School

PHILIPHS is from mbm 1980

ergo, CEO one of biggest chair manufacturing companies.
porche dealer till 1989

marketing strategy (50 chairs)
to sell top ceo

grown year on year to 50 million sales in 3 year

habit of borrowing

high risk taker..

faced 2 crisis (97 & 08)

Procastinating is not bad
Ask questions? to get knowledge.

always give 2nd chance to perform better. smaller targets.

entrepreneur management course

TEM is an entrepreneur management course in HBS. Importance of entrepreneur is to drive economies and to create jobs.

There are four distinguishing characteristics of entrepreneur’s environment

1. Great uncertainty

2. High impact

3. Radical change

4. Limited resources

Entrepreneur’s are different from manager’s   in the sense that

1.        Entrepreneurs are opportunity driven
2.     Entrepreneurs focus on cash and the need to conserve resources.
3.     Entrepreneurs use flexible organization, structures and approaches.

Underlying goals for TEM

1. 1.       The course will help you understand how entrepreneurs think about and approach challenges of new venture creation.
2. 2.       It will familiarize you with broad range of settings.
3. 3.       It will familiarize you with the major sources of capital available to entrepreneurs and the expectation of those investors.
4. 4.       How to grow business.
5. 5.       Help you to decide entrepreneurship as a career.

Course is divided into four modules.

1. 1.       Introduction
2. 2.       Launching New ventures.
3. 3.       Managing growth and transition
4. 4.       Conclusion

Specific questions will be answered in each module. The question will be regarding the size, environment and other factors that affect Entrepreneurs.