[BU121] - Final Exam Guide - Everything you need to know! (57 pages long)
Document Summary
Research findings indicate that these and related factors play an important role in the launch of a successful new venture. The belief is that complementary founders would be a better strategy because it provides new ventures with a strong and diverse base of human resources. Managers often hire employees who can relate to them and are similar in the way they carry themselves. As well they often have studied in the same fields. Rule #1: don"t yield to the temptation to work solely with people whose background, training and experience are highly similar to your own. Doing so will be easy and pleasant in many ways but it will not provide the rich foundation of human resources the new venture wants. Self assessment: an inventory of the knowledge, experience, training, motives and characteristics the entrepreneur possesses and can contribute to the new venture, break up:
