MGM102H5 Chapter Notes - Chapter 3: Canadian Tire, Mccain Foods, Harrison Mccain
Document Summary
Accepting the challenge of starting and running a business. A successful entrepreneurial ventures venture creates substantial wealth, as opposed to simple income stream. Risk of an entrepreneurial venture must be high, otherwise many people would pursue the idea of entrepreneurship. John w. and alfred j. billes purchased the hamilton tire and garage ltd. store and started the canadian tire corporation. Wallace and harrison mccain founded mccain foods limited. A change in health that forces a career path adjustment. A change in family responsibility that sparks a search to increase income. Disliking a supervisor so much that being self-employed is an attractive option. Some entrepreneurs are driven by the believe that they can produce a better product, or a current at a lower cost, than anybody else. Others may have gotten hold of a new widget or have conceived of an improvement that they are convinced has a large potential market. Many entrepreneurs simply do not enjoy working for someone else.
