...economic opportunity of the 21st century. John Doerr Kleiner, Perkins, Caufield, and Byers Results Expected Upon completion of this chapter, you will be able to 1. Discuss the pressures and demands in the marketplace that are driving opportunities for entrepreneurs with an eye toward sustainability. 2. Explain ways that entrepreneurial companies can gain competitive advantage by orienting products and processes that take environmental issues into account. 3. Describe the role that sustainability plays in building dynamic and profitable ventures. 4. Discuss the five facets of looking through a sustainability lens, and describe their impact on opportunity assessment, resources, and the team. 5. Provide insights into and analysis of the Jim Poss case study. Copyright © The McGraw-Hill Companies, Inc. Clean Commerce Is an Opportunity Sea Change As noted by perhaps the most famous modern venture capitalist in the world, John Doerr, the clean commerce and sustainable enterprise movement is 1 one of the most exciting and promising opportunity sea changes of this century. Everyone is going green. Each week brings a new announcement of a company embracing sustainability and environmental issues. Those ahead of the pack have grasped that the environment is a growing source of strategic opportunity for companies. It is now clear that there is a revolution We are extremely appreciative of...
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...Opportumtv Case Jim P Preparation Questions 1. 2. 3. Apply the Timmons entrepreneurship framework (entrepreneur—opportunity—resources) to analyze this case. Pay particular attention to the entrepre neur’s traits and how he gathered resources for his venture. Discuss Jim’s fund-raising strategies. What other options might be considered for raising the funds SPC needs? Is this a good investment? Discuss the growth strategy. What additional mar ket(s) would you recommend pursuing as they move ahead? On his way through Logan Airport, Jim Poss stopped at a newsstand to flip through the June 2004 Notional Ge ographic cover story that declared, “The End of Cheap Oil.” Inside was a two-page spread of an American family sitting among a vast array of household posses sions that were derived, at least in part, from petroleumbased products: laptops, cell phones, clothing, footwear, sports equipment, cookware, and containers of all shapes and sizes. Without oil, the world will be a very different place. Jim shook his head. and here we are burning this finite, imported, irreplace able resource to power three-ton suburban gas guzzlers with “these colors don’t run” bumper stickers! Jim s enterprise Seahorse Power Company {SPC) was an engineering start-up that encouraged the adop tion of environmentally friendly methods of power gen eration by designing products that were cheaper and more efficient than 20th-century technologies. Jim was sure that his...
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...Jim Poss Case Study 1. Who is Jim Poss a. Jim Poss demonstrates a strong passion for project even after so many people shot down the idea. His passion translates into determination to getting the idea out to potential customers/investors. Taking risks like going into solar power when the trend was heading toward wind and selling his product even though he didn’t have a finished product to sell. And he craves learning, working 3 jobs, double major and a minor plus an MBA before working his new venture gave him the knowledge and confidence to try for it. b. When comparing myself to Jim Poss, it doesn’t even come close to similar. His amazingly driven and a very creative individual; I am nowhere near the same level as he is. With more practice and experience in the real world maybe I can gain the right knowledge to start a business but right now I wouldn’t dare. 2. What are the most Compelling features of the Big Belly venture? c. Consider i. Market: Solar Trash Compactor business ii. Customer Problem Solution: Created a solar powered public trash compactor which will would offer significant savings and cut down trash pick-ups and reduce fuel consumption significantly. iii. Competitive Landscape: The product is very unique compared to what is traditionally used like conventional dumpsters and compactors. The product does not have any direct competitors but still has possible competition with existing compactors/dumpsters ...
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...Apply the Timmons entrepreneurship framework (entrepreneur-opportunity-resources) to analyze this case 1. Opportunity for entrepreneurship Discovering problem is the key for successful entrepreneurship, it means look into problem is chance to be success. Mr. Poss discovered issue that garbage trucks consume many pereoleum.This was waste energy and time. In addition, recently years, ECO friendly market has become more and more hugely in the recent years, particularly in west countries. Many west countries are more positive to improve their environment, therefore we may see Poss’ customer who are government, school and so on. Timing is other opportunity in this case. It is right time that invent right product. Mr. Poss and his team found this chance to invent Big Belly. According as our information, Jim Poss's firm, Seahorse Power Company (SPC), encourages the adoption of environmentally friendly methods of power generation by designing products which are cheaper and more efficient than twentieth-century technologies. So we can know that entrepreneurial leaders shape opportunities within the context of who they are, what they know, and who they know. Notice how Poss began with a problem he experienced directly in his life, linked that concern to his expertise in solar technology, and then connected his ideas with others in his community and his broader networks. 2. Resource for entrepreneurship In this case, SPC does not have many supports, however the other key for entrepreneurship...
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...could easily be fixed in our world today. Most characters in this novel fall guilty to this one time or another and some fall more than others do. Two big examples of this theme in the book Huckleberry Finn are the King and the Duke. Huck and Jim first encounter the King and the Duke when they are on the raft and the King and Duke being chased out of a town and they jump aboard the raft. As soon as they are on the raft the King and Duke make up stories on how they are royalty. The Duke does his story first saying he is the rightful Duke of Bridgewater by decent of his great-grandfather who was the eldest son of the old Duke of Bridgewater. The Duke because he was a “Duke” had Huck and Jim call him names like “Your Grace” “Your Lordship” and etcetera. After hearing this, the King then tells a story on how he is the late Dauphin “Looy” the seventeen, son of “Looy” the sixteenth and Marie Antonette. He also goes on saying how he should e the rightful king of France. The King made them call him names like “His Majesty” and another names fitting of a king. He also had Huck and Jim give him special privileges like waiting on him to eat first at meals. After the King and Duke establish who they “are” they become quite the team. They use Huck and Jim to boat them around and cater to their needs. The King and Duke also took advantage of the people Bricksville’s simplicity and ignorance with the Royal Nonesuch scheme, in which...
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...How to compare and contrast essay As you generate points of comparison, consider the purpose and content of the assignment and the focus of the class. What do you think the professor wants you to learn by doing this comparison/contrast? How does it fit with what you have been studying so far and with the other assignments in the course? Are there any clues about what to focus on in the assignment itself? Here are some general questions about different types of things you might have to compare. These are by no means complete or definitive lists; they’re just here to give you some ideas—you can generate your own questions for these and other types of comparison. You may want to begin by using the questions reporters traditionally ask: Who? What? Where? When? Why? How? If you’re talking about objects, you might also consider general properties like size, shape, color, sound, weight, taste, texture, smell, number, duration, and location. Two historical periods or events When did they occur—do you know the date(s) and duration? What happened or changed during each? Why are they significant? What kinds of work did people do? What kinds of relationships did they have? What did they value? What kinds of governments were there? Who were important people involved? What caused events in these periods, and what consequences did they have later on? Two ideas or theories What are they about? Did they originate at some particular time? Who created them? Who uses or defends them? What...
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...(NJ Star Ledger) 1. Qualify source- history, ownership, bias, measures of impact, awards received, quality of news and opinion. The NJ Star Ledger is the oldest and largest circulated paper in U.S state of New Jersey and it’s headquarters is located right here in Newark, NJ. A man named S. I. Newhouse purchased what was then called the “Newark Ledger” in the year 1935 and merged the paper with the “Star Eagle” in the year 1939 which became “The Star Ledger.” The Ledger is owned by Advanced Publications, it has a reputation for being objective and accurate and has won 3 Pulitzer prize awards for public service. 2. Content of the material summarized Title of article: “It’s time to update our drug policy” By: Debra L. Wentz In this article Governor Chris Christie proposed a transformation on NJ’s drug policy so that non violent offenders with substance use disorders would be treated instead of incarcerated. Christie feels that “everyone will benefit when state policy enables them to live the lives they want and deserve.” He addressed the rising costs of warehousing non violent drug offenders in jail and prison. This particular population of offenders has jumped up 43% nationally in the past 10 years. Christie wants to take advantage of the public sentiment, compassion and good policy that has the potential to change lives and solve the states fiscal crisis. He emphasizes the importance of the state sufficiently ...
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...Walmart Slide1 Welcome to our presentation, our topic is Walmart, I will present the pro arguments for Walmart and Cherrif will present the arguments against Walmart. Slide 2 First of all I want to say some basic facts about walmart. Sam Walton created walmart in the year 1962 and he opened the first walmart in the same year in 1962 in Arkansas. Today we can say walmart has more than 9000 stores worldwide and its spread over 15 countries. Think about it for a second Sam Walton created walmart only 50 years ago and the company has over 2 million employees. That is amazing. Slide 3 Now you can see a quote from Sam Walton about Walmart. Slide reading. That is everything what expect from a store for customers. Slide 4 Some more facts: it is the worlds lagest public corporation by revenue. Furthermore the largest private employer in the world. A really important part in walmart is the grocery part, it is the largest grocery seller in the US and it is friendly to children you can see it in the fact that walmart is the largest toy seller in the us. Slide 5 Walmart has not only toys or a big grocery part, walmart brings low prices and the conveniece of shopping at one place, where you can find everything. You dont have to go to different stores to buy, walmart has everything what you need. You save a lot of time to go to walmart and buy there. Plus the walmart prices are between 15% and 22% less expenisive than the market price/ the other stores. And it is open...
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...Picking Wal-Mart's POCKETS By Michael Bergdahl, International Speaker, Author & Wal-Mart Competition Authority Author of the Books: “What I Learned From Sam Walton” & “The 10 Rules of Sam Walton” Wal-Mart is coming! Wal-Mart is coming! Wal-Mart is coming! The mere mention of the name Wal-Mart engenders fear in the hearts of competitors around the globe. The reality is that Wal-Mart is coming to a town near you . . . so what are competitor’s to do? Historically, as Wal-Mart has expanded its operations around the globe the local competitive environment changes . . . forever! Wal-Mart has trounced hapless competitors worldwide so what can you do to make certain you are not one of them? The fact is that in every market Wal-Mart has entered there are retailers who were there before Wal-Mart arrived and they are still there today, competing surviving and even thriving! Unfortunately there are many other retailers who break under the pressure of Wal-Mart’s Every Day Low Prices. Where can you learn the lessons you need to learn in order to insure the success of your business in a Wal-Mart World? The answer is by Picking Wal-Mart’s POCKETS! POCKETS is actually an acronym “P.O.C.K.E.T.S.” which defines the seven strategies of Wal-Mart. The symbolism of P.O.C.K.E.T.S. is that for any business to compete effectively it has to identify its own unique market, niche or “POCKETS”. The acronym stands for: P = Price, O = Operations, C = Culture K = Key Item Promotion/Product...
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...New Technology in the Field of Networking Systems Administration The field of Networking Systems Administration has many new things happening every year. With the way the development of new technology is, it is very difficult for a lot of none technologically inclined people too keep up most of the time. One of these companies that are always coming up with new technology is called AMD. They are a company that develops processors for many of the leading brands of computers today. Their most recent development is a new processor chip that is supposed to be faster than their leading competitor’s (Sakr, 2014). From what this article says this new Processor chip is called the Kaveri and combines 4 CPU cores and 8 GPU cores “and gives them unheard-of levels of computing independence, such that AMD feels justified in describing them collectively as a dozen ‘compute cores. ’” From the way this article has described this new technology, it is going to make the computer gaming world’s games run faster and better in many different ways. Now many technologically knowledgeable people would be inclined to believe that this is all just marketing nonsense, but according to Sharif Sakr, the Senior European Editor of Engadget.com, says that AMD seems to be being very open with their companies thinking with this new processor (Sakr, 2014). This new technology is still waiting on home reviews from the customers who have bought this new processor, but if it lives up to what it is supposed...
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...Pieces of Me Kari Meckling PSY 202 Instructor Hopson August 11, 2013 I. What things do you remember about your childhood? a. Imbalance of relationships b. Financial struggles c. Parents argued constantly - - stress d. Warped puzzle piece II. What were you like as a teenager? a. Grew up too quickly b. Became a mother figure to my nieces c. Balanced school, work, and extra-curricular activities III. What were your educational experiences? a. Transferred from private college to community college b. Worked full-time while being a full-time student c. Stopped after 2-year degree due to financial situation d. Enlisted in the Air Force e. Pursuing Bachelor’s degree with the Post 9/11 GI Bill IV. Do you have your own family now? f. Husband g. Twins h. Church V. What would make you happy in the future? i. Balanced relationships j. Financial freedom k. Help my boys grow Pieces of Me Development is like a puzzle that takes an entire lifetime to piece together. It is a continuous process that can be ever changing based on knowledge, experiences, choices, and even some uncontrollable influences, like nature or the environment we live in. My puzzle pieces take on an eclectic shape, combing different perspectives or theories that potentially explain my developmental track (Witt & Mossler, 2010). When fused together and applied to my childhood, adolescent...
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...BITSTREAM Background of Company: Bit stream is a $30 million company, founded in 1981. The sales were from Retail and OEM. The new president Mr. Jim Sole found opportunity in network print manager. To manage the new business a new person is to be hired. Problems in the Case: The main problem in the case is selection of suitable candidate for the post generated due to new opportunity found in Network printing business. There are four suitable candidates who applied for the post. Analysis and probable solutions: Criteria and Requirement: The new president Mr. Jim Sole found some challenges when he joined Bit stream. Some of them were top heavy structure, lot of dimensions in the organization etc. Jim sole cleared all these issues very intelligently. He started a team building process and the task and targets of the company were made clear to everybody. According to Jim, he wanted the person who is able to take decisions and manage the people. Though Jim himself was in favour of selecting from his lot of people, but for the new venture in network printing, he thought that a person, who has some prior experience in the similar fields like VAR and network printing, would be more suitable. The key was to get the right brain at right place and matching personal goals with the job requirements that will make better chances of success. According to Sole, a person with positive attitude, intellectual curiosity, variety of experience, flexible, comfortable...
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...Katie Wood Cultural Heritage -Need a works cited section -Need 4 sources -Have 3 sources so far According to Wikipedia.com, Culture is defined as “The set of shared attitudes, values, goals, and practices that characterizes an institution, organization, or group” My friends and being active are two important things in my culture. Whenever my friends and I hang out we are usually doing some kind of activity. Ever since my Senior year in high school, my friends and I have been going bowling every Monday. It’s one of our many traditions. It’s a fun activity to do and it gives us a chance to catch up about our busy weeks, especially now that we all go to different schools. We always do dollar bets every game to make things interesting. My friends and I don’t only bowl though, we go hiking, play boot hockey, volleyball, and more. One of my favorite places EVER is Willow River in Wisconsin. According to dnr.state.org, Willow River is 2,891 acres and one of the most visited parks in Wisconsin. It has one of the prettiest waterfalls I’ve ever seen. My friends and I go hiking there all the time. Another place we like to hike is the Boomsite in Stillwater. It’s a lot closer than Willow River and we can swim there also. Of course only in the summer. In the winter, one of the most fun sports to do is play Boot Hockey. There are plenty of rinks around where I live so my friends and I will get a bunch of people and dress up in our snow gear and go to a rink and play...
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...I have noticed that there are a few different differences and similarities between the small, medium, and large facilities when concerning the organization of patient records, charts and files as well as how they may handle loose reports. I seem to have noticed that most facilities including most small, medium and large facilities prefer that all of their loose records are to be permanently anchored within their patient charts so that they may be able to reduce the risk of those loose reports becoming misplaced and/or lost, which seems to make the most sense to me since this would be the best idea to prevent the loose reports from being misplaced and/or lost. However, the different sizes of facilities tend to organize patient files differently according to each particular facility’s policies. The most popular methods of organization that I have seen include chronologically, form numbers, report type, category and most recent. During my review of the interview threads, I have noticed a lot of similarities and a lot of differences in how patient files are organized between the many facilities which is leading me to believe that every facility has their own system. A system that may work for one facility does not work for another facility, especially when many facilities specialize in different medical areas. A small orthopedic facility may organize their patient’s files by last names where as a large hospital facility may organize their patient’s files by a numerical system...
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...WALMART STORES NEED UNIONS Have you ever been accused of something you didn’t do while at work? Have you ever had your hours you have worked cut from your check? Situations similar to the previous questions happen all the time at Wal-Mart stores everywhere. Wal-Mart associates needs someone to help defend them. Even though organizing unions throughout Wal-Mart will cost a significant amount of money, all Wal-Mart stores should have unions. Unions help defend workers when they are mistreated. Sam Walton CEO of Wal-Mart opened his first Wal-Mart Store on July 2, 1962 in Roger, Ark. By 1967 the Walton family owned 24 stores ringing up $12.7 million in sales. In the 1970’s Wal-Mart starts to go national, and a decade later Wal-Mart has 276 stores and employs 21,000 associates. Wal-Mart was topped as the nation’s number-one retailer in the 1990’s. They also went international with the slogan “Every Day Low Prices.” By 2002 for the first time Wal-Mart ranked in the fortune 500 as one of America’s largest companies. Wal-Mart recently celebrated 50 years of “helping people save money so they can live better." As of now Wal-Mart employs 2.2 million associates worldwide, and over 10,000 stores in 27 countries. With such great success you would think Wal-Mart would have unions in place, surprisingly they don’t. There are many different types of unions covering all types of work. For example we have unions for airline staff, bank employees, bus drivers, shop workers, and etc. Unions...
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